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Transfer Details

 Lease Takeover in Toronto, ON: 2017 Lincoln Continental Reserve Automatic AWD ID:#3559
SAVE ~29,300 CAD
CAD/month x 36 months
2017 Lincoln Continental Reserve (ID: #3559)
1,037
Toronto, ON
2017 Lincoln

Continental Reserve Automatic AWD All Options

Payment Details
  • Current Payment: 1,037 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 28,860 CAD
  • Months to End: 36 months (May, 2021)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 44,000 km total
  • Available Now: 12,000 km/year (1,000 per month)
Deal Special Perks
  • Large Down Payment
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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Payment Analysis

1,037.17CAD/monthin Toronto, ON
    Before Taxes:
  • 1,037.17 CAD/month
  • 478.69 CAD/bi-weekly
  • 239.35 CAD/week
  • 12,446.04 CAD/year
Incl. Ontario Taxes (13%):
  • 1,172.00 CAD/month
  • 540.92 CAD/bi-weekly
  • 270.46 CAD/week
  • 14,064.03 CAD/year

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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: 29,304 CAD

compared to leasing a BRAND NEW:

<ul>
<li>LINCOLN CONTINENTAL RESERVE</li>
<li>for 12 months</li> 
<li>in Ontario</li> 
<li>$0 down payment</li>
<li>25,000 km/year</li>
</ul>

Savings Breakdown:
Leasing New (CAD/month) 1,851
This Contract (CAD/month) 1,037
Monthly Difference 814 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 29,304 CAD
Total Savings (CAD) = 29,304

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 66,198 CAD
  • Total Vehicle Debt: 81,644 CAD
  • Paid so Far: 15,446 CAD (18% Paid)
  • Remaining Lease Payments: 37,338 CAD
  • Residual Value: 28,860 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,446 CAD Total Vehicle Value: 81,644 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 37,338 CAD
Term Paid so Far: 12,446 CAD Residual Value: 28,860 CAD
3%
15%
46%
36%
Cost to Own
Already Paid: 15,446 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 66,198 CAD
18% Paid
0%
82%
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: 66,198 CAD

  • 4.9%Interest Rate x 48 months
  • 1,521 CAD/month + tax
  • Total Payable: 73,032 CAD
  • Total Interest: 6,834 CAD
  • 8.9%Interest Rate x 48 months
  • 1,644 CAD/month + tax
  • Total Payable: 78,922 CAD
  • Total Interest: 12,724 CAD
  • 14.9%Interest Rate x 48 months
  • 1,839 CAD/month + tax
  • Total Payable: 88,271 CAD
  • Total Interest: 22,073 CAD

At the end of the Lease Contract

Residual Value: 28,860 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 663 CAD/month + tax
  • Total Payable: 31,839 CAD
  • Total Interest: 2,979 CAD
  • 8.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,407 CAD
  • Total Interest: 5,547 CAD
  • 14.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,483 CAD
  • Total Interest: 9,623 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)
103.72
  • + tax
  • + fuel
  • + insurance
(or 1.04CAD per km)
Time Analysis
Cost per day: (CAD)
34.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
230.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

  • Name: Hamza Nadeem
  • Location: Toronto, ON
  • Date Contract Started:
  • Date Contract Ends:
For more details about this contract, please contact the seller.

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