Payment Analysis

381.00CAD/monthin Toronto, ON
    Before Taxes:
  • 381.00 CAD/month
  • 175.85 CAD/bi-weekly
  • 87.92 CAD/week
  • 4,572.00 CAD/year
Incl. Ontario Taxes (13%):
  • 430.53 CAD/month
  • 198.71 CAD/bi-weekly
  • 99.35 CAD/week
  • 5,166.36 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: 5,301 CAD

compared to leasing a BRAND NEW:

  • Ford Fusion Automatic 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 660
This Contract (CAD/month) 381
Monthly Difference 279 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 5,301 CAD
Total Savings (CAD) = 5,301

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,239 CAD
  • Total Vehicle Debt: 36,907 CAD
  • Paid so Far: 18,668 CAD (50% Paid)
  • Remaining Lease Payments: 7,239 CAD
  • Residual Value: 11,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,668 CAD Total Vehicle Value: 36,907 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 7,239 CAD
Term Paid so Far: 10,668 CAD Residual Value: 11,000 CAD
21%
29%
19%
31%
Cost to Own
Already Paid: 18,668 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 18,239 CAD
50% Paid
0%
50%
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: 18,239 CAD

  • 4.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,122 CAD
  • Total Interest: 1,883 CAD
  • 8.9%Interest Rate x 48 months
  • 453 CAD/month + tax
  • Total Payable: 21,745 CAD
  • Total Interest: 3,506 CAD
  • 14.9%Interest Rate x 48 months
  • 507 CAD/month + tax
  • Total Payable: 24,321 CAD
  • Total Interest: 6,082 CAD

At the end of the Lease Contract

Residual Value: 11,000 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,136 CAD
  • Total Interest: 1,136 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,114 CAD
  • Total Interest: 2,114 CAD
  • 14.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,668 CAD
  • Total Interest: 3,668 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)
14.22
  • + tax
  • + fuel
  • + insurance
(or 0.14CAD per km)
  • 18.29CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
12.53
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
618.42
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 480.77km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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