This Vehicle is Sold
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Vehicle Photos
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Transfer Details
pay 3,500 CAD
SAVE ~4,600 CAD
CAD/month x 11 months
Transferred/Sold
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
Payment Details
- Current Payment: 595 CAD/month + tax
- Required Payment: 3,500 CAD
- Payment Including Incentive: 913 CAD/month + tax
- Original Downpayment: 10,000 CAD
- Residual Value: 23,171 CAD
- Months to End: 11 months (Aug, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 33,649 km total
- Available Now: 50,565 km/year (4,214 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.11 CAD/km
Deal Special Perks
Payment Analysis
594.52CAD/monthin Mississauga, ON
- 594.52 CAD/month
- 274.39 CAD/bi-weekly
- 137.20 CAD/week
- 7,134.24 CAD/year
Before Taxes:
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:
3,985 ~ 5,285 CAD
compared to leasing a BRAND NEW:
- 2022 MUSTANG EcoBoost® Premium Fastback
- for 12 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,129 |
|---|---|
| This Contract (CAD/month) | 595 |
| Monthly Difference | 535 CAD/month |
| Remaining Term | x 11 months |
| Total Monthly Difference | = 5,885 CAD |
| - Required Payment** (CAD) | - 3,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,985 ~ 5,285 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
33,211 CAD
- Total Vehicle Debt: 61,708 CAD
- Paid so Far: 31,997 CAD (51% Paid)
- Remaining Lease Payments: 6,540 CAD
- Residual Value: 23,171 CAD
- Required Payment: 3,500 CAD
Vehicle Debt & Value
Paid so far: 31,997 CAD Total Vehicle Value: 61,708 CAD
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 6,540 CAD
Term Paid so Far: 21,997 CAD Residual Value: 23,171 CAD
Cost to Own
Already Paid: 31,997 CAD (51%)
Required Payment: 3,500 CAD (5%)Buyout Price Today: 33,211 CAD
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: 33,211 CAD
- 4.9%Interest Rate x 48 months
- 763 CAD/month + tax
- Total Payable: 36,639 CAD
- Total Interest: 3,428 CAD
- 8.9%Interest Rate x 48 months
- 825 CAD/month + tax
- Total Payable: 39,594 CAD
- Total Interest: 6,383 CAD
- 14.9%Interest Rate x 48 months
- 923 CAD/month + tax
- Total Payable: 44,285 CAD
- Total Interest: 11,074 CAD
At the end of the Lease Contract
Residual Value: 23,171 CAD (in 11 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)
21.66
- + tax
- + fuel
- + insurance
- 14.11CAD/100km (TODAY without the Cash Incentive)
- 35.67CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
30.01
- + tax
- + insurance
- + km driven & fuel
- 19.55CAD/day (Original Contract back in Aug, 2020)
Remaining Km
Can be driven up to:
972.40
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2020)
Seller Contact Info
This Contract was Already Transferred.
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