Payment Analysis

2,100.00CAD/monthin Halifax, NS
    Before Taxes:
  • 2,100.00 CAD/month
  • 969.23 CAD/bi-weekly
  • 484.62 CAD/week
  • 25,200.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 2,415.00 CAD/month
  • 1,114.62 CAD/bi-weekly
  • 557.31 CAD/week
  • 28,980.00 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: 2,155 ~ 3,055 CAD

compared to leasing a BRAND NEW:

  • Ford Super Duty F-450 Limited Crew Cab®, 8’ Box, 6.7L Power Stroke® V8 Turbo Diesel Engine, TorqShift® 10-speed Automatic Transmission, 4.30 Limited Slip Axle Ratio, 4X4, DRW
  • for 48 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,455
This Contract (CAD/month) 2,100
Monthly Difference 355 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 355 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,155 ~ 3,055
** "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: 22,293 CAD
  • Total Vehicle Debt: 149,293 CAD
  • Paid so Far: 126,000 CAD (84% Paid)
  • Remaining Lease Payments: 2,100 CAD
  • Residual Value: 21,193 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 126,000 CAD Total Vehicle Value: 149,293 CAD
84% Paid
16%
Vehicle Debt Breakdown
Downpayment: 2,100 CAD Remaining Term: 2,100 CAD
Term Paid so Far: 123,900 CAD Residual Value: 21,193 CAD
1%
83%
1%
15%
Cost to Own
Already Paid: 126,000 CAD (84%)
Cash Incentive: 1,000 CAD Buyout Price Today: 22,293 CAD
84% Paid
0%
16%
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: 22,293 CAD

  • 4.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,595 CAD
  • Total Interest: 2,301 CAD
  • 8.9%Interest Rate x 48 months
  • 554 CAD/month + tax
  • Total Payable: 26,578 CAD
  • Total Interest: 4,285 CAD
  • 14.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,727 CAD
  • Total Interest: 7,434 CAD

At the end of the Lease Contract

Residual Value: 21,193 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 487 CAD/month + tax
  • Total Payable: 23,381 CAD
  • Total Interest: 2,188 CAD
  • 8.9%Interest Rate x 48 months
  • 526 CAD/month + tax
  • Total Payable: 25,267 CAD
  • Total Interest: 4,073 CAD
  • 14.9%Interest Rate x 48 months
  • 589 CAD/month + tax
  • Total Payable: 28,260 CAD
  • Total Interest: 7,067 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)
0.36
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 0.68CAD/100km (TODAY without the Cash Incentive)
  • 38.77CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
36.16
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 69.04CAD/day (Original Contract back in Mar, 2019)
Remaining Km
Can be driven up to:
71,307.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.

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