Payment Analysis
404.45CAD/monthin Ottawa, ON
- 404.45 CAD/month
- 186.67 CAD/bi-weekly
- 93.33 CAD/week
- 4,853.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 457.03 CAD/month
- 210.94 CAD/bi-weekly
- 105.47 CAD/week
- 5,484.34 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:
3,744 CAD
compared to leasing a BRAND NEW:
- FORD ECOSPORT TITANIUM
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 560 |
|---|---|
| This Contract (CAD/month) | 404 |
| Monthly Difference | 156 CAD/month |
| Remaining Term | x 24 months |
| Total Monthly Difference | = 3,744 CAD |
| Total Savings (CAD) | = 3,744 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
22,407 CAD
- Total Vehicle Debt: 36,967 CAD
- Paid so Far: 14,560 CAD (39% Paid)
- Remaining Lease Payments: 9,707 CAD
- Residual Value: 12,700 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,560 CAD Total Vehicle Value: 36,967 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,707 CAD
Term Paid so Far: 14,560 CAD Residual Value: 12,700 CAD
Cost to Own
Already Paid: 14,560 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 22,407 CAD
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: 22,407 CAD
- 4.9%Interest Rate x 48 months
- 515 CAD/month + tax
- Total Payable: 24,720 CAD
- Total Interest: 2,313 CAD
- 8.9%Interest Rate x 48 months
- 557 CAD/month + tax
- Total Payable: 26,713 CAD
- Total Interest: 4,307 CAD
- 14.9%Interest Rate x 48 months
- 622 CAD/month + tax
- Total Payable: 29,878 CAD
- Total Interest: 7,471 CAD
At the end of the Lease Contract
Residual Value: 12,700 CAD (in 24 months)
- 4.9%Interest Rate x 48 months
- 292 CAD/month + tax
- Total Payable: 14,011 CAD
- Total Interest: 1,311 CAD
- 8.9%Interest Rate x 48 months
- 315 CAD/month + tax
- Total Payable: 15,141 CAD
- Total Interest: 2,441 CAD
- 14.9%Interest Rate x 48 months
- 353 CAD/month + tax
- Total Payable: 16,935 CAD
- Total Interest: 4,235 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)
13.87
- + tax
- + fuel
- + insurance
- 24.27CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
13.30
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
673.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jun, 2018)
