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Buy, lease, or loan? Even the best of financial planners or
accountants can rarely tell you off the top of their head
and hiring them to calculate it may cost you more than the
difference.
To put an end to the question we've provided this
buy/lease/loan calculator that compares all three options
side-by-side. It uses Canadian financial calculations and
accounts for the annuity required to replace the used cash,
tax payable on interest earned, interest on loans, leases,
and invested capital, different buyout options, CCA
deductions, GST refunds, and separates depreciation from CCA.
- Cash values can be entered with or without a dollar sign
and/or commas
(ie $10,000.00, 10000, or 10000.00).
- Percentage values can be entered as numbers with or
without the trailing '%' symbol, or as decimal values (ie
0.10, 10, or 10%).
- Changing any of the values on the calculator instantly
updates all calculated values. Values may contain administration fees required in actual funding scenarios.
Note: All calculations done by this buy/lease/loan
calculator are done on your computer and at no time are any
entered values or calculated results transmitted to us or
anywhere else on the internet. You can feel totally
confident that your calculations remain private.
More on...
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