Payment Analysis

421.95CAD/monthin Edmonton, AB
    Before Taxes:
  • 421.95 CAD/month
  • 194.75 CAD/bi-weekly
  • 97.37 CAD/week
  • 5,063.40 CAD/year
Incl. Alberta Taxes (5%):
  • 443.05 CAD/month
  • 204.48 CAD/bi-weekly
  • 102.24 CAD/week
  • 5,316.57 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: 4,650 ~ 5,050 CAD

compared to leasing a BRAND NEW:

  • Ford ECOSPORT SES AWD
  • for 36 months
  • in AB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 535
This Contract (CAD/month) 422
Monthly Difference 114 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 2,850 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,650 ~ 5,050
** "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: 19,297 CAD
  • Total Vehicle Debt: 36,589 CAD
  • Paid so Far: 16,292 CAD (44% Paid)
  • Remaining Lease Payments: 10,549 CAD
  • Residual Value: 9,748 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 16,292 CAD Total Vehicle Value: 36,589 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 1,524 CAD Remaining Term: 10,549 CAD
Term Paid so Far: 14,768 CAD Residual Value: 9,748 CAD
4%
40%
29%
27%
Cost to Own
Already Paid: 16,292 CAD (44%)
Cash Incentive: 1,000 CAD Buyout Price Today: 19,297 CAD
44% Paid
2%
54%
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: 19,297 CAD

  • 4.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,289 CAD
  • Total Interest: 1,992 CAD
  • 8.9%Interest Rate x 48 months
  • 479 CAD/month + tax
  • Total Payable: 23,005 CAD
  • Total Interest: 3,709 CAD
  • 14.9%Interest Rate x 48 months
  • 536 CAD/month + tax
  • Total Payable: 25,731 CAD
  • Total Interest: 6,434 CAD

At the end of the Lease Contract

Residual Value: 9,748 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 224 CAD/month + tax
  • Total Payable: 10,754 CAD
  • Total Interest: 1,006 CAD
  • 8.9%Interest Rate x 48 months
  • 242 CAD/month + tax
  • Total Payable: 11,621 CAD
  • Total Interest: 1,874 CAD
  • 14.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,998 CAD
  • Total Interest: 3,250 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)
10.44
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 11.53CAD/100km (TODAY without the Cash Incentive)
  • 20.25CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
12.56
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 13.87CAD/day (Original Contract back in Mar, 2019)
Remaining Km
Can be driven up to:
844.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 480.77km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.

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