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: 52,882 CAD
  • Total Vehicle Debt: 55,302 CAD
  • Paid so Far: 2,420 CAD (4% Paid)
  • Remaining Lease Payments: 29,140 CAD
  • Residual Value: 23,742 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,420 CAD Total Vehicle Value: 55,302 CAD
4% Paid
96%
Vehicle Debt Breakdown
Downpayment: 1,800 CAD Remaining Term: 29,140 CAD
Term Paid so Far: 620 CAD Residual Value: 23,742 CAD
2%
2%
52%
44%
Cost to Own
Already Paid: 2,420 CAD (4%)
Cash Incentive: 0 CAD Buyout Price Today: 52,882 CAD
4% Paid
0%
96%
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: 52,882 CAD

  • 4.9%Interest Rate x 48 months
  • 1,215 CAD/month + tax
  • Total Payable: 58,341 CAD
  • Total Interest: 5,459 CAD
  • 8.9%Interest Rate x 48 months
  • 1,313 CAD/month + tax
  • Total Payable: 63,046 CAD
  • Total Interest: 10,164 CAD
  • 14.9%Interest Rate x 48 months
  • 1,469 CAD/month + tax
  • Total Payable: 70,515 CAD
  • Total Interest: 17,633 CAD

At the end of the Lease Contract

Residual Value: 23,742 CAD (in 47 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)
44.83
  • + tax
  • + fuel
  • + insurance
(or 0.45CAD per km)
Time Analysis
Cost per day: (CAD)
20.38
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
319.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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