Payment Analysis
528.52CAD/monthin Thorold, ON
- 528.52 CAD/month
- 243.93 CAD/bi-weekly
- 121.97 CAD/week
- 6,342.24 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 597.23 CAD/month
- 275.64 CAD/bi-weekly
- 137.82 CAD/week
- 7,166.73 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:
3,252 ~ 4,552 CAD
compared to leasing a BRAND NEW:
- FORD ESCAPE SEL
- for 48 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 499 |
|---|---|
| This Contract (CAD/month) | 529 |
| Monthly Difference | -29 CAD/month |
| Remaining Term | x 12 months |
| Total Monthly Difference | = -348 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,252 ~ 4,552 |
| ** "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:
19,576 CAD
- Total Vehicle Debt: 46,417 CAD
- Paid so Far: 24,840 CAD (53% Paid)
- Remaining Lease Payments: 6,342 CAD
- Residual Value: 15,234 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 24,840 CAD Total Vehicle Value: 46,417 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,342 CAD
Term Paid so Far: 24,840 CAD Residual Value: 15,234 CAD
Cost to Own
Already Paid: 24,840 CAD (53%)
Cash Incentive: 2,000 CAD Buyout Price Today: 19,576 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: 19,576 CAD
- 4.9%Interest Rate x 48 months
- 450 CAD/month + tax
- Total Payable: 21,597 CAD
- Total Interest: 2,021 CAD
- 8.9%Interest Rate x 48 months
- 486 CAD/month + tax
- Total Payable: 23,339 CAD
- Total Interest: 3,763 CAD
- 14.9%Interest Rate x 48 months
- 544 CAD/month + tax
- Total Payable: 26,104 CAD
- Total Interest: 6,528 CAD
At the end of the Lease Contract
Residual Value: 15,234 CAD (in 12 months)
- 4.9%Interest Rate x 48 months
- 350 CAD/month + tax
- Total Payable: 16,807 CAD
- Total Interest: 1,573 CAD
- 8.9%Interest Rate x 48 months
- 378 CAD/month + tax
- Total Payable: 18,162 CAD
- Total Interest: 2,928 CAD
- 14.9%Interest Rate x 48 months
- 423 CAD/month + tax
- Total Payable: 20,314 CAD
- Total Interest: 5,080 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)
8.57
- + tax
- + fuel
- + insurance
- 12.52CAD/100km (TODAY without the Cash Incentive)
- 39.64CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
11.90
- + tax
- + insurance
- + km driven & fuel
- 17.38CAD/day (Original Contract back in May, 2020)
Remaining Km
Can be driven up to:
974.36
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in May, 2020)
Seller Contact Info
This Contract was Already Transferred.
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