Payment Analysis

616.00CAD/monthin Brockville, ON
    Before Taxes:
  • 616.00 CAD/month
  • 284.31 CAD/bi-weekly
  • 142.15 CAD/week
  • 7,392.00 CAD/year
Incl. Ontario Taxes (13%):
  • 696.08 CAD/month
  • 321.27 CAD/bi-weekly
  • 160.63 CAD/week
  • 8,352.96 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: 6,200 CAD

compared to leasing a BRAND NEW:

  • Ford F250 Superduty XLT CrewCab
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 926
This Contract (CAD/month) 616
Monthly Difference 310 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 6,200 CAD
Total Savings (CAD) = 6,200

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,242 CAD
  • Total Vehicle Debt: 54,990 CAD
  • Paid so Far: 18,748 CAD (34% Paid)
  • Remaining Lease Payments: 12,320 CAD
  • Residual Value: 23,922 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,748 CAD Total Vehicle Value: 54,990 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 12,320 CAD
Term Paid so Far: 17,248 CAD Residual Value: 23,922 CAD
2%
32%
22%
44%
Cost to Own
Already Paid: 18,748 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 36,242 CAD
34% Paid
0%
66%
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: 36,242 CAD

  • 4.9%Interest Rate x 48 months
  • 833 CAD/month + tax
  • Total Payable: 39,984 CAD
  • Total Interest: 3,741 CAD
  • 8.9%Interest Rate x 48 months
  • 900 CAD/month + tax
  • Total Payable: 43,208 CAD
  • Total Interest: 6,966 CAD
  • 14.9%Interest Rate x 48 months
  • 1,007 CAD/month + tax
  • Total Payable: 48,327 CAD
  • Total Interest: 12,085 CAD

At the end of the Lease Contract

Residual Value: 23,922 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 550 CAD/month + tax
  • Total Payable: 26,392 CAD
  • Total Interest: 2,470 CAD
  • 8.9%Interest Rate x 48 months
  • 594 CAD/month + tax
  • Total Payable: 28,520 CAD
  • Total Interest: 4,598 CAD
  • 14.9%Interest Rate x 48 months
  • 665 CAD/month + tax
  • Total Payable: 31,899 CAD
  • Total Interest: 7,977 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)
21.81
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 36.96CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
20.25
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
651.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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