Payment Analysis
398.23CAD/monthin London, ON
- 398.23 CAD/month
- 183.80 CAD/bi-weekly
- 91.90 CAD/week
- 4,778.76 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 450.00 CAD/month
- 207.69 CAD/bi-weekly
- 103.85 CAD/week
- 5,400.00 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:
1,924 ~ 2,324 CAD
compared to leasing a BRAND NEW:
- Escape SE Automatic AWD
- for 36 months
- in Ontario
- $0 down payment
- 25,000 km/year
Leasing New (CAD/month) | 502 |
---|---|
This Contract (CAD/month) | 398 |
Monthly Difference | 104 CAD/month |
Remaining Term | x 6 months |
Total Monthly Difference | = 624 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 1,924 ~ 2,324 |
** "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:
13,369 CAD
- Total Vehicle Debt: 30,595 CAD
- Paid so Far: 16,726 CAD (54% Paid)
- Remaining Lease Payments: 2,389 CAD
- Residual Value: 11,480 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 16,726 CAD Total Vehicle Value: 30,595 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,389 CAD
Term Paid so Far: 16,726 CAD Residual Value: 11,480 CAD
Cost to Own
Already Paid: 16,726 CAD (54%)
Cash Incentive: 500 CAD Buyout Price Today: 13,369 CAD
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: 13,369 CAD
- 4.9%Interest Rate x 48 months
- 307 CAD/month + tax
- Total Payable: 14,749 CAD
- Total Interest: 1,380 CAD
- 8.9%Interest Rate x 48 months
- 332 CAD/month + tax
- Total Payable: 15,939 CAD
- Total Interest: 2,570 CAD
- 14.9%Interest Rate x 48 months
- 371 CAD/month + tax
- Total Payable: 17,827 CAD
- Total Interest: 4,458 CAD
At the end of the Lease Contract
Residual Value: 11,480 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 264 CAD/month + tax
- Total Payable: 12,665 CAD
- Total Interest: 1,185 CAD
- 8.9%Interest Rate x 48 months
- 285 CAD/month + tax
- Total Payable: 13,686 CAD
- Total Interest: 2,206 CAD
- 14.9%Interest Rate x 48 months
- 319 CAD/month + tax
- Total Payable: 15,308 CAD
- Total Interest: 3,828 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)
2.44
- + tax
- + fuel
- + insurance
- 3.08CAD/100km (TODAY without the Cash Incentive)
- 19.12CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
10.35
- + tax
- + insurance
- + km driven & fuel
- 13.09CAD/day (Original Contract back in Oct, 2019)
Remaining Km
Can be driven up to:
2,980.77
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Oct, 2019)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Hamilton
2023 Jeep
Grand Cherokee L Overland Automatique AWD Luxury Package I
Payment Details
- Current Payment: 783 CAD/month + tax
- Original Downpayment: 4,000 CAD
- Residual Value: 51,716 CAD
- Months to End: 26 months (Jul, 2026)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 1,500 km total
- Available Now: 17,308 km/year (1,442 per month)
- Excess Km Cost: 0.25 CAD/km
+ 18,000 cash
2023 Land Rover
Range Rover Evoque Automatique AWD R-Dynamic SE
Payment Details
- Current Payment: 1,590 CAD/month + tax
- Cash Incentive: 18,000 CAD
- Payment After Incentive: 1,104 CAD/month + tax
- Original Downpayment: 4,683 CAD
- Residual Value: 32,849 CAD
- Months to End: 37 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 9,300 km total
- Available Now: 22,930 km/year (1,911 per month)
- Excess Km Cost: 0.20 CAD/km
2023 Hyundai
2023 Hyundai Venue FWD Preferred Automatique 2WD
Payment Details
- Current Payment: 385 CAD/month + tax
- Residual Value: 12,623 CAD
- Months to End: 32 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 15,000 km total
- Available Now: 18,375 km/year (1,531 per month)
- Excess Km Cost: 0.12 CAD/km