Payment Analysis

626.91CAD/monthin London, ON
    Before Taxes:
  • 626.91 CAD/month
  • 289.34 CAD/bi-weekly
  • 144.67 CAD/week
  • 7,522.92 CAD/year
Incl. Ontario Taxes (13%):
  • 708.41 CAD/month
  • 326.96 CAD/bi-weekly
  • 163.48 CAD/week
  • 8,500.90 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: 8,555 CAD

compared to leasing a BRAND NEW:

  • Ford F150 Lariat 502A 2.7L Automatic 2WD w/ Sport Package
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 921
This Contract (CAD/month) 627
Monthly Difference 295 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 8,555 CAD
Total Savings (CAD) = 8,555

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 46,421 CAD
  • Total Vehicle Debt: 58,332 CAD
  • Paid so Far: 11,911 CAD (20% Paid)
  • Remaining Lease Payments: 18,180 CAD
  • Residual Value: 28,241 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,911 CAD Total Vehicle Value: 58,332 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,180 CAD
Term Paid so Far: 11,911 CAD Residual Value: 28,241 CAD
0%
20%
31%
49%
Cost to Own
Already Paid: 11,911 CAD (20%)
Cash Incentive: 0 CAD Buyout Price Today: 46,421 CAD
20% Paid
0%
80%
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: 46,421 CAD

  • 4.9%Interest Rate x 48 months
  • 1,067 CAD/month + tax
  • Total Payable: 51,213 CAD
  • Total Interest: 4,792 CAD
  • 8.9%Interest Rate x 48 months
  • 1,153 CAD/month + tax
  • Total Payable: 55,344 CAD
  • Total Interest: 8,922 CAD
  • 14.9%Interest Rate x 48 months
  • 1,290 CAD/month + tax
  • Total Payable: 61,900 CAD
  • Total Interest: 15,479 CAD

At the end of the Lease Contract

Residual Value: 28,241 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,156 CAD
  • Total Interest: 2,915 CAD
  • 8.9%Interest Rate x 48 months
  • 701 CAD/month + tax
  • Total Payable: 33,669 CAD
  • Total Interest: 5,428 CAD
  • 14.9%Interest Rate x 48 months
  • 785 CAD/month + tax
  • Total Payable: 37,658 CAD
  • Total Interest: 9,417 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)
27.50
  • + tax
  • + fuel
  • + insurance
(or 0.28CAD per km)
  • 37.61CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
20.61
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
525.99
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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