Payment Analysis

500.00CAD/monthin Lloydminster, AB
    Before Taxes:
  • 500.00 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 6,000.00 CAD/year
Incl. Alberta Taxes (5%):
  • 525.00 CAD/month
  • 242.31 CAD/bi-weekly
  • 121.15 CAD/week
  • 6,300.00 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: 1,300 ~ 2,200 CAD

compared to leasing a BRAND NEW:

  • Ford ESCAPE SE
  • for 36 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 540
This Contract (CAD/month) 500
Monthly Difference 40 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 240 CAD
+ Cash Incentive** (CAD) + 260
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,300 ~ 2,200
** "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: 19,240 CAD
  • Total Vehicle Debt: 47,200 CAD
  • Paid so Far: 27,700 CAD (58% Paid)
  • Remaining Lease Payments: 3,000 CAD
  • Residual Value: 16,500 CAD
  • Cash Incentive: 260 CAD
Vehicle Debt & Value
Paid so far: 27,700 CAD Total Vehicle Value: 47,200 CAD
58% Paid
42%
Vehicle Debt Breakdown
Downpayment: 700 CAD Remaining Term: 3,000 CAD
Term Paid so Far: 27,000 CAD Residual Value: 16,500 CAD
1%
57%
6%
36%
Cost to Own
Already Paid: 27,700 CAD (58%)
Cash Incentive: 260 CAD Buyout Price Today: 19,240 CAD
58% Paid
0%
42%
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: 19,240 CAD

  • 4.9%Interest Rate x 48 months
  • 442 CAD/month + tax
  • Total Payable: 21,226 CAD
  • Total Interest: 1,986 CAD
  • 8.9%Interest Rate x 48 months
  • 478 CAD/month + tax
  • Total Payable: 22,938 CAD
  • Total Interest: 3,698 CAD
  • 14.9%Interest Rate x 48 months
  • 534 CAD/month + tax
  • Total Payable: 25,655 CAD
  • Total Interest: 6,415 CAD

At the end of the Lease Contract

Residual Value: 16,500 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,203 CAD
  • Total Interest: 1,703 CAD
  • 8.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,671 CAD
  • Total Interest: 3,171 CAD
  • 14.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 22,002 CAD
  • Total Interest: 5,502 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)
2.84
  • + tax
  • + fuel
  • + insurance
(inlcuding the 260CAD incentive)
  • 3.11CAD/100km (TODAY without the Cash Incentive)
  • 30.00CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
15.01
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 260CAD incentive)
  • 16.44CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
3,711.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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