Lease payment calculator - Mainland Truck and Trailer Sales & Leasing

Your figures

Start over

The equipment

Equipment

TruckTrailerChassis

Equipment price ($)Before GST/PST

Upfront payment ($)Reduces the amount leased

The lease

End-of-term option

$1 buyoutYou own it at the end for $1. The highest payment, nothing left to pay.10% buyoutYou own it at the end for 10% of the amount leased.Fair market value (FMV)Buy it at its fair market value at the end, or hand it back. Enter the residual you expect.TRACA residual set up front (terminal rental adjustment clause). Enter the residual.

Term (months)12 to 84

Lease rate (% a year)Our estimate rate is 9.5% as of 2 Oct 2026. Change it to yours.

Estimated lease payment$2,475See the result

Estimated lease payment

About $2,475a month OACEstimate notes

$120,000 leased · 60 months · 9.5%

Total of payments: $148,500
End-of-term buyout: $1
Upfront payment: $0
Total cost with upfront and buyout: $148,501

Apply with Blue Capital

Financing through our sister company Blue Capital Equipment Finance Ltd., an affiliated broker, at the same Surrey yard.

Ask about Mainland lease-to-own

Estimate only, not an offer of credit. Based on a price of $120,000 (before GST/PST), $0 down, 60 months at 9.5% a year (our estimate rate as of 2 Oct 2026), $1 buyout, residual $0. Taxes, lender fees and insurance are not included. Financing is subject to credit approval (OAC) through our sister company Blue Capital Equipment Finance Ltd., an affiliated broker, at the same Surrey yard. Your actual rate and payment depend on your business and credit profile. Illustrative only. Lease shown with a $1 buyout end-of-term option. The rate is a yearly rate. For lease-to-own, the lessor is named in each agreement.

The same lease, four ways to end it

Your price, term and rate with each end-of-term option. A higher residual lowers the payment and raises what you pay to keep it.

Monthly payment
Your choice

$1 buyout: You own it at the end for $1. The highest payment, nothing left to pay.
10% buyout: You own it at the end for 10% of the amount leased.
Fair market value (FMV): Buy it at its fair market value at the end, or hand it back. Enter the residual you expect.
TRAC: A residual set up front (terminal rental adjustment clause). Enter the residual.

Method

How the lease payment works

A money-factor lease: the part of the price you use up, plus a finance charge.

Amount leased

The price less any upfront payment.

Residual

What is left at the end: $1, 10% of the amount leased, or the FMV or TRAC residual you enter.

The payment

The amount leased less the residual, spread over the term, plus a finance charge on both.

The end

Pay the buyout to keep it, or with an FMV lease, hand it back.

Before you sign

Two ways to lease

Through Blue Capital

Lease structures from our sister company: lease programs.

Lease-to-own with us

Trucks, trailers and chassis on lease-to-own. The lessor is named in each agreement.

What’s left out

GST/PST, lender fees and insurance are not in the estimate.

FAQ

Questions about leasing

Which end-of-term option should I pick?

The one in your quote. A $1 buyout means the highest payment and nothing left to pay; FMV and TRAC lower the payment by leaving a residual to pay if you keep the unit.

What residual should I enter?

The residual in your quote. The starting 20% is an example for FMV and TRAC leases, not a quote.

Who is the lessor?

For lease-to-own, the lessor is named in each agreement. For a lease through Blue Capital, the agreement names the lessor too.

Is this an offer of credit?

No. It is an estimate only, not an offer of credit. Financing is subject to credit approval (OAC) through our sister company Blue Capital Equipment Finance Ltd., an affiliated broker, at the same Surrey yard. Your actual rate and payment depend on your business and credit profile.

Mainland Truck & Trailer Sales receives no referral fee from Blue Capital.