Payment Analysis

550.60CAD/monthin Vancouver, BC
    Before Taxes:
  • 550.60 CAD/month
  • 254.12 CAD/bi-weekly
  • 127.06 CAD/week
  • 6,607.20 CAD/year
Incl. B.C. Taxes (12%):
  • 616.67 CAD/month
  • 284.62 CAD/bi-weekly
  • 142.31 CAD/week
  • 7,400.06 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: 8,086 CAD

compared to leasing a BRAND NEW:

  • Ford Escape SEL,AWD,2.0L EcoBoost Engine w/ Trailer Tow Package II (FINANCED)
  • for 48 months
  • in B.C.
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 861
This Contract (CAD/month) 551
Monthly Difference 311 CAD/month
Remaining Term x 26 months
Total Monthly Difference = 8,086 CAD
Total Savings (CAD) = 8,086

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,317 CAD
  • Total Vehicle Debt: 42,344 CAD
  • Paid so Far: 28,028 CAD (66% Paid)
  • Remaining Lease Payments: 14,316 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,028 CAD Total Vehicle Value: 42,344 CAD
66% Paid
34%
Vehicle Debt Breakdown
Downpayment: 2,700 CAD Remaining Term: 14,316 CAD
Term Paid so Far: 25,328 CAD Residual Value: 1 CAD
6%
60%
33%
1%
Cost to Own
Already Paid: 28,028 CAD (66%)
Cash Incentive: 0 CAD Buyout Price Today: 14,317 CAD
66% Paid
0%
34%
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: 14,317 CAD

  • 4.9%Interest Rate x 48 months
  • 329 CAD/month + tax
  • Total Payable: 15,795 CAD
  • Total Interest: 1,478 CAD
  • 8.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,068 CAD
  • Total Interest: 2,752 CAD
  • 14.9%Interest Rate x 48 months
  • 398 CAD/month + tax
  • Total Payable: 19,090 CAD
  • Total Interest: 4,774 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 26 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
15.26
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
  • 33.04CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
18.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
832.54
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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