Payment Analysis

725.67CAD/monthin Vaughan, ON
    Before Taxes:
  • 725.67 CAD/month
  • 334.92 CAD/bi-weekly
  • 167.46 CAD/week
  • 8,708.04 CAD/year
Incl. Ontario Taxes (13%):
  • 820.01 CAD/month
  • 378.46 CAD/bi-weekly
  • 189.23 CAD/week
  • 9,840.09 CAD/year

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: 17,064 ~ 17,964 CAD

compared to leasing a BRAND NEW:

  • Lincoln Nautilus 201A, Intelligent All-Wheel Drive (AWD), 2.0L I-4 Engine, 8-Speed Automatic Transmission with SelectShift® Capability.
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,153
This Contract (CAD/month) 726
Monthly Difference 428 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 16,264 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 17,064 ~ 17,964

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 54,995 CAD
  • Total Vehicle Debt: 61,526 CAD
  • Paid so Far: 6,531 CAD (10% Paid)
  • Remaining Lease Payments: 27,575 CAD
  • Residual Value: 27,420 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,531 CAD Total Vehicle Value: 61,526 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 27,575 CAD
Term Paid so Far: 6,531 CAD Residual Value: 27,420 CAD
0%
10%
45%
45%
Cost to Own
Already Paid: 6,531 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 54,995 CAD
10% Paid
0%
90%
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: 54,995 CAD

  • 4.9%Interest Rate x 48 months
  • 1,264 CAD/month + tax
  • Total Payable: 60,673 CAD
  • Total Interest: 5,677 CAD
  • 8.9%Interest Rate x 48 months
  • 1,366 CAD/month + tax
  • Total Payable: 65,566 CAD
  • Total Interest: 10,570 CAD
  • 14.9%Interest Rate x 48 months
  • 1,528 CAD/month + tax
  • Total Payable: 73,333 CAD
  • Total Interest: 18,338 CAD

At the end of the Lease Contract

Residual Value: 27,420 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 630 CAD/month + tax
  • Total Payable: 30,251 CAD
  • Total Interest: 2,831 CAD
  • 8.9%Interest Rate x 48 months
  • 681 CAD/month + tax
  • Total Payable: 32,690 CAD
  • Total Interest: 5,270 CAD
  • 14.9%Interest Rate x 48 months
  • 762 CAD/month + tax
  • Total Payable: 36,563 CAD
  • Total Interest: 9,143 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)
41.57
  • + tax
  • + fuel
  • + insurance
(or 0.42CAD per km)
  • 43.54CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
23.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
402.83
  • km/week
  • without any
  • additional costs
Excess km cost: 0.01CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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