Payment Analysis

620.00CAD/monthin Airdrie, AB
    Before Taxes:
  • 620.00 CAD/month
  • 286.15 CAD/bi-weekly
  • 143.08 CAD/week
  • 7,440.00 CAD/year
Incl. Alberta Taxes (5%):
  • 651.00 CAD/month
  • 300.46 CAD/bi-weekly
  • 150.23 CAD/week
  • 7,812.00 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 57,842 CAD
  • Total Vehicle Debt: 55,302 CAD
  • Paid so Far: -2,540 CAD (-5% Paid)
  • Remaining Lease Payments: 34,100 CAD
  • Residual Value: 23,742 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -2,540 CAD Total Vehicle Value: 55,302 CAD
-5% Paid
105%
Vehicle Debt Breakdown
Downpayment: 1,800 CAD Remaining Term: 34,100 CAD
Term Paid so Far: -4,340 CAD Residual Value: 23,742 CAD
3%
-8%
61%
44%
Cost to Own
Already Paid: -2,540 CAD (-5%)
Cash Incentive: 0 CAD Buyout Price Today: 57,842 CAD
-5% Paid
0%
105%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 57,842 CAD

  • 4.9%Interest Rate x 48 months
  • 1,329 CAD/month + tax
  • Total Payable: 63,813 CAD
  • Total Interest: 5,971 CAD
  • 8.9%Interest Rate x 48 months
  • 1,437 CAD/month + tax
  • Total Payable: 68,959 CAD
  • Total Interest: 11,117 CAD
  • 14.9%Interest Rate x 48 months
  • 1,607 CAD/month + tax
  • Total Payable: 77,129 CAD
  • Total Interest: 19,287 CAD

At the end of the Lease Contract

Residual Value: 23,742 CAD (in 55 months)

  • 4.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,193 CAD
  • Total Interest: 2,451 CAD
  • 8.9%Interest Rate x 48 months
  • 590 CAD/month + tax
  • Total Payable: 28,305 CAD
  • Total Interest: 4,563 CAD
  • 14.9%Interest Rate x 48 months
  • 660 CAD/month + tax
  • Total Payable: 31,659 CAD
  • Total Interest: 7,917 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)

Distance Analysis
Cost to drive 100km: (CAD)
52.46
  • + tax
  • + fuel
  • + insurance
(or 0.52CAD per km)
Time Analysis
Cost per day: (CAD)
20.38
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
272.73
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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