Payment Analysis

308.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 308.00 CAD/month
  • 142.15 CAD/bi-weekly
  • 71.08 CAD/week
  • 3,696.00 CAD/year
Incl. Ontario Taxes (13%):
  • 348.04 CAD/month
  • 160.63 CAD/bi-weekly
  • 80.32 CAD/week
  • 4,176.48 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: 800 ~ 1,700 CAD

compared to leasing a BRAND NEW:

  • Ford XLT Automatic AWD Fx4 off-road
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 606
This Contract (CAD/month) 308
Monthly Difference 298 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 800 ~ 1,700

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,900 CAD
  • Total Vehicle Debt: 29,380 CAD
  • Paid so Far: 18,480 CAD (62% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 10,900 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,480 CAD Total Vehicle Value: 29,380 CAD
62% Paid
38%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 18,480 CAD Residual Value: 10,900 CAD
0%
62%
0%
38%
Cost to Own
Already Paid: 18,480 CAD (62%)
Cash Incentive: 0 CAD Buyout Price Today: 10,900 CAD
62% Paid
0%
38%
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: 10,900 CAD

  • 4.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,025 CAD
  • Total Interest: 1,125 CAD
  • 8.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,995 CAD
  • Total Interest: 2,095 CAD
  • 14.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,535 CAD
  • Total Interest: 3,635 CAD

At the end of the Lease Contract

Residual Value: 10,900 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,025 CAD
  • Total Interest: 1,125 CAD
  • 8.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,995 CAD
  • Total Interest: 2,095 CAD
  • 14.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,535 CAD
  • Total Interest: 3,635 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)
0.47
  • + tax
  • + fuel
  • + insurance
(or 0.00CAD per km)
  • 23.10CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
10.13
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
15,000.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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