Payment Analysis

364.15CAD/monthin Ottawa, ON
    Before Taxes:
  • 364.15 CAD/month
  • 168.07 CAD/bi-weekly
  • 84.03 CAD/week
  • 4,369.80 CAD/year
Incl. Ontario Taxes (13%):
  • 411.49 CAD/month
  • 189.92 CAD/bi-weekly
  • 94.96 CAD/week
  • 4,937.87 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: 17,234 ~ 17,634 CAD

compared to leasing a BRAND NEW:

  • Ford Fusion SE (the Fiesta has been discontinued as of Jan 2020)
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 878
This Contract (CAD/month) 364
Monthly Difference 514 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 15,934 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 17,234 ~ 17,634
** "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: 23,883 CAD
  • Total Vehicle Debt: 30,704 CAD
  • Paid so Far: 6,321 CAD (20% Paid)
  • Remaining Lease Payments: 11,289 CAD
  • Residual Value: 13,094 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 6,321 CAD Total Vehicle Value: 30,704 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 4,500 CAD Remaining Term: 11,289 CAD
Term Paid so Far: 1,821 CAD Residual Value: 13,094 CAD
14%
6%
37%
43%
Cost to Own
Already Paid: 6,321 CAD (20%)
Cash Incentive: 500 CAD Buyout Price Today: 23,883 CAD
20% Paid
1%
79%
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: 23,883 CAD

  • 4.9%Interest Rate x 48 months
  • 549 CAD/month + tax
  • Total Payable: 26,348 CAD
  • Total Interest: 2,466 CAD
  • 8.9%Interest Rate x 48 months
  • 593 CAD/month + tax
  • Total Payable: 28,473 CAD
  • Total Interest: 4,590 CAD
  • 14.9%Interest Rate x 48 months
  • 663 CAD/month + tax
  • Total Payable: 31,847 CAD
  • Total Interest: 7,964 CAD

At the end of the Lease Contract

Residual Value: 13,094 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 301 CAD/month + tax
  • Total Payable: 14,446 CAD
  • Total Interest: 1,352 CAD
  • 8.9%Interest Rate x 48 months
  • 325 CAD/month + tax
  • Total Payable: 15,611 CAD
  • Total Interest: 2,517 CAD
  • 14.9%Interest Rate x 48 months
  • 364 CAD/month + tax
  • Total Payable: 17,461 CAD
  • Total Interest: 4,366 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)
46.91
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
11.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
171.22
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
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