This Vehicle is Sold


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Transfer Details

pay 3,500 CAD
Ford Lease Takeover in Mississauga: 2020 Ford Mustang Bullitt Manual 2WD ID:#42632
SAVE ~8,400 CAD
CAD/month x 18 months
2020 Ford Mustang Bullitt (ID: #42632)
595
Mississauga, ON
2020 Ford

Mustang Bullitt Manual 2WD Fully equipped with upgraded sound, upgraded exhaust and 2 sets of rims and tires

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 595 CAD/month + tax
  • Required Payment: 3,500 CAD
  • Payment Including Incentive: 789 CAD/month + tax
  • Original Downpayment: 10,000 CAD
  • Residual Value: 23,171 CAD
  • Months to End: 18 months (Aug, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 33,649 km total
  • Available Now: 30,901 km/year (2,575 per month)
  • Excess Km Cost: 0.11 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

594.52CAD/monthin Mississauga, ON
    Before Taxes:
  • 594.52 CAD/month
  • 274.39 CAD/bi-weekly
  • 137.20 CAD/week
  • 7,134.24 CAD/year
Incl. Ontario Taxes (13%):
  • 671.81 CAD/month
  • 310.07 CAD/bi-weekly
  • 155.03 CAD/week
  • 8,061.69 CAD/year

Estimate Insurance Costs

 

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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

With this deal, you are saving: 7,730 ~ 9,030 CAD

compared to leasing a BRAND NEW:

  • 2022 MUSTANG EcoBoost® Premium Fastback
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,129
This Contract (CAD/month) 595
Monthly Difference 535 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 9,630 CAD
- Required Payment** (CAD) - 3,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,730 ~ 9,030
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 37,373 CAD
  • Total Vehicle Debt: 61,708 CAD
  • Paid so Far: 27,836 CAD (45% Paid)
  • Remaining Lease Payments: 10,701 CAD
  • Residual Value: 23,171 CAD
  • Required Payment: 3,500 CAD
Vehicle Debt & Value
Paid so far: 27,836 CAD Total Vehicle Value: 61,708 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 10,701 CAD
Term Paid so Far: 17,836 CAD Residual Value: 23,171 CAD
16%
29%
17%
38%
Cost to Own
Already Paid: 27,836 CAD (45%)
Required Payment: 3,500 CAD (5%)Buyout Price Today: 37,373 CAD
40% Paid
5%
55%
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: 37,373 CAD

  • 4.9%Interest Rate x 48 months
  • 859 CAD/month + tax
  • Total Payable: 41,231 CAD
  • Total Interest: 3,858 CAD
  • 8.9%Interest Rate x 48 months
  • 928 CAD/month + tax
  • Total Payable: 44,556 CAD
  • Total Interest: 7,183 CAD
  • 14.9%Interest Rate x 48 months
  • 1,038 CAD/month + tax
  • Total Payable: 49,834 CAD
  • Total Interest: 12,462 CAD

At the end of the Lease Contract

Residual Value: 23,171 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 533 CAD/month + tax
  • Total Payable: 25,563 CAD
  • Total Interest: 2,392 CAD
  • 8.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,625 CAD
  • Total Interest: 4,454 CAD
  • 14.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,897 CAD
  • Total Interest: 7,726 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)
30.64
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,500CAD incentive)
  • 23.09CAD/100km (TODAY without the Cash Incentive)
  • 35.67CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
25.94
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,500CAD incentive)
  • 19.55CAD/day (Original Contract back in Aug, 2020)
Remaining Km
Can be driven up to:
594.24
  • km/week
  • without any
  • additional costs
Excess km cost: 0.11CAD
  • 384.62km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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