Payment Analysis

262.60CAD/monthin Halifax, NS
    Before Taxes:
  • 262.60 CAD/month
  • 121.20 CAD/bi-weekly
  • 60.60 CAD/week
  • 3,151.20 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 301.99 CAD/month
  • 139.38 CAD/bi-weekly
  • 69.69 CAD/week
  • 3,623.88 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: 219 CAD

compared to leasing a BRAND NEW:

  • FORD RANGER XL AWD
  • for 36 months
  • in NS
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 481
This Contract (CAD/month) 263
Monthly Difference 219 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 219 CAD
Total Savings (CAD) = 219

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,273 CAD
  • Total Vehicle Debt: 35,615 CAD
  • Paid so Far: 12,342 CAD (34% Paid)
  • Remaining Lease Payments: 263 CAD
  • Residual Value: 23,010 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,342 CAD Total Vehicle Value: 35,615 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 263 CAD
Term Paid so Far: 12,342 CAD Residual Value: 23,010 CAD
0%
34%
0%
66%
Cost to Own
Already Paid: 12,342 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 23,273 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: 23,273 CAD

  • 4.9%Interest Rate x 48 months
  • 535 CAD/month + tax
  • Total Payable: 25,675 CAD
  • Total Interest: 2,403 CAD
  • 8.9%Interest Rate x 48 months
  • 578 CAD/month + tax
  • Total Payable: 27,746 CAD
  • Total Interest: 4,473 CAD
  • 14.9%Interest Rate x 48 months
  • 647 CAD/month + tax
  • Total Payable: 31,033 CAD
  • Total Interest: 7,760 CAD

At the end of the Lease Contract

Residual Value: 23,010 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 529 CAD/month + tax
  • Total Payable: 25,385 CAD
  • Total Interest: 2,375 CAD
  • 8.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,433 CAD
  • Total Interest: 4,423 CAD
  • 14.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,683 CAD
  • Total Interest: 7,673 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
(or 0.00CAD per km)
  • 15.76CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
8.63
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
16,615.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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