Payment Analysis

404.45CAD/monthin Ottawa, ON
    Before Taxes:
  • 404.45 CAD/month
  • 186.67 CAD/bi-weekly
  • 93.33 CAD/week
  • 4,853.40 CAD/year
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: 1,404 CAD

compared to leasing a BRAND NEW:

  • FORD ECOSPORT TITANIUM
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 560
This Contract (CAD/month) 404
Monthly Difference 156 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 1,404 CAD
Total Savings (CAD) = 1,404

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,340 CAD
  • Total Vehicle Debt: 36,967 CAD
  • Paid so Far: 20,627 CAD (55% Paid)
  • Remaining Lease Payments: 3,640 CAD
  • Residual Value: 12,700 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,627 CAD Total Vehicle Value: 36,967 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,640 CAD
Term Paid so Far: 20,627 CAD Residual Value: 12,700 CAD
0%
55%
10%
35%
Cost to Own
Already Paid: 20,627 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 16,340 CAD
55% Paid
0%
45%
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: 16,340 CAD

  • 4.9%Interest Rate x 48 months
  • 376 CAD/month + tax
  • Total Payable: 18,027 CAD
  • Total Interest: 1,687 CAD
  • 8.9%Interest Rate x 48 months
  • 406 CAD/month + tax
  • Total Payable: 19,481 CAD
  • Total Interest: 3,141 CAD
  • 14.9%Interest Rate x 48 months
  • 454 CAD/month + tax
  • Total Payable: 21,789 CAD
  • Total Interest: 5,448 CAD

At the end of the Lease Contract

Residual Value: 12,700 CAD (in 9 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)
5.20
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 24.27CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
13.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,794.87
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2018)

Seller Contact Info

This Contract was Already Transferred.