This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 2,000 cash
SAVE ~4,200 CAD
CAD/month x 2 months
Transferred/Sold
2020 Ford EDGE SEL (ID: #27573)
529
Thorold, ON
2020 Ford
EDGE SEL Automatic 2WD w/ Ford Co-Pilot 360 Assist + package Panormaic Sunroof
Payment Details
- Current Payment: 529 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: -471 CAD/month + tax
- Residual Value: 15,234 CAD
- Months to End: 2 months (Apr, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 28,000 km total
- Available Now: 304,000 km/year (25,333 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.16 CAD/km
Deal Special Perks
Payment Analysis
528.52CAD/monthin Thorold, ON
- 528.52 CAD/month
- 243.93 CAD/bi-weekly
- 121.97 CAD/week
- 6,342.24 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 597.23 CAD/month
- 275.64 CAD/bi-weekly
- 137.82 CAD/week
- 7,166.73 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:
3,542 ~ 4,842 CAD
compared to leasing a BRAND NEW:
- FORD ESCAPE SEL
- for 48 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 499 |
|---|---|
| This Contract (CAD/month) | 529 |
| Monthly Difference | -29 CAD/month |
| Remaining Term | x 2 months |
| Total Monthly Difference | = -58 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,542 ~ 4,842 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
14,291 CAD
- Total Vehicle Debt: 46,417 CAD
- Paid so Far: 30,126 CAD (64% Paid)
- Remaining Lease Payments: 1,057 CAD
- Residual Value: 15,234 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 30,126 CAD Total Vehicle Value: 46,417 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,057 CAD
Term Paid so Far: 30,126 CAD Residual Value: 15,234 CAD
Cost to Own
Already Paid: 30,126 CAD (64%)
Cash Incentive: 2,000 CAD Buyout Price Today: 14,291 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: 14,291 CAD
- 4.9%Interest Rate x 48 months
- 328 CAD/month + tax
- Total Payable: 15,767 CAD
- Total Interest: 1,475 CAD
- 8.9%Interest Rate x 48 months
- 355 CAD/month + tax
- Total Payable: 17,038 CAD
- Total Interest: 2,747 CAD
- 14.9%Interest Rate x 48 months
- 397 CAD/month + tax
- Total Payable: 19,057 CAD
- Total Interest: 4,765 CAD
At the end of the Lease Contract
Residual Value: 15,234 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 350 CAD/month + tax
- Total Payable: 16,807 CAD
- Total Interest: 1,573 CAD
- 8.9%Interest Rate x 48 months
- 378 CAD/month + tax
- Total Payable: 18,162 CAD
- Total Interest: 2,928 CAD
- 14.9%Interest Rate x 48 months
- 423 CAD/month + tax
- Total Payable: 20,314 CAD
- Total Interest: 5,080 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)
-1.86
- + tax
- + fuel
- + insurance
- 2.09CAD/100km (TODAY without the Cash Incentive)
- 39.64CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
-15.50
- + tax
- + insurance
- + km driven & fuel
- 17.38CAD/day (Original Contract back in May, 2020)
Remaining Km
Can be driven up to:
5,846.15
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in May, 2020)
Seller Contact Info
This Contract was Already Transferred.
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