Payment Analysis

296.90CAD/monthin Edmonton, AB
    Before Taxes:
  • 296.90 CAD/month
  • 137.03 CAD/bi-weekly
  • 68.52 CAD/week
  • 3,562.80 CAD/year
Incl. Alberta Taxes (5%):
  • 311.75 CAD/month
  • 143.88 CAD/bi-weekly
  • 71.94 CAD/week
  • 3,740.94 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: 17,395 CAD
  • Total Vehicle Debt: 36,006 CAD
  • Paid so Far: 18,111 CAD (50% Paid)
  • Remaining Lease Payments: 1,188 CAD
  • Residual Value: 16,707 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 18,111 CAD Total Vehicle Value: 36,006 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,188 CAD
Term Paid so Far: 18,111 CAD Residual Value: 16,707 CAD
0%
50%
3%
47%
Cost to Own
Already Paid: 18,111 CAD (50%)
Cash Incentive: 500 CAD Buyout Price Today: 17,395 CAD
50% Paid
1%
49%
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: 17,395 CAD

  • 4.9%Interest Rate x 48 months
  • 400 CAD/month + tax
  • Total Payable: 19,190 CAD
  • Total Interest: 1,796 CAD
  • 8.9%Interest Rate x 48 months
  • 432 CAD/month + tax
  • Total Payable: 20,738 CAD
  • Total Interest: 3,343 CAD
  • 14.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,195 CAD
  • Total Interest: 5,800 CAD

At the end of the Lease Contract

Residual Value: 16,707 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,432 CAD
  • Total Interest: 1,725 CAD
  • 8.9%Interest Rate x 48 months
  • 415 CAD/month + tax
  • Total Payable: 19,918 CAD
  • Total Interest: 3,211 CAD
  • 14.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,278 CAD
  • Total Interest: 5,571 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)
0.41
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 0.71CAD/100km (TODAY without the Cash Incentive)
  • 7.13CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
5.65
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 9.76CAD/day (Original Contract back in Mar, 2019)
Remaining Km
Can be driven up to:
9,682.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 961.54km/week (Contract Original back in Mar, 2019)