Payment Analysis
733.21CAD/monthin Richmond, BC
- 733.21 CAD/month
- 338.40 CAD/bi-weekly
- 169.20 CAD/week
- 8,798.52 CAD/year
Before Taxes:
Incl. B.C. Taxes (12%):
- 821.20 CAD/month
- 379.01 CAD/bi-weekly
- 189.51 CAD/week
- 9,854.34 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:
2,660 ~ 3,560 CAD
compared to leasing a BRAND NEW:
- Ford RANGER LARIAT
- for 24 months
- in BC
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 919 |
|---|---|
| This Contract (CAD/month) | 733 |
| Monthly Difference | 186 CAD/month |
| Remaining Term | x 10 months |
| Total Monthly Difference | = 1,860 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,660 ~ 3,560 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
35,460 CAD
- Total Vehicle Debt: 62,841 CAD
- Paid so Far: 27,381 CAD (43% Paid)
- Remaining Lease Payments: 7,332 CAD
- Residual Value: 28,128 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,381 CAD Total Vehicle Value: 62,841 CAD
Vehicle Debt Breakdown
Downpayment: 985 CAD Remaining Term: 7,332 CAD
Term Paid so Far: 26,396 CAD Residual Value: 28,128 CAD
Cost to Own
Already Paid: 27,381 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 35,460 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: 35,460 CAD
- 4.9%Interest Rate x 48 months
- 815 CAD/month + tax
- Total Payable: 39,121 CAD
- Total Interest: 3,661 CAD
- 8.9%Interest Rate x 48 months
- 881 CAD/month + tax
- Total Payable: 42,276 CAD
- Total Interest: 6,816 CAD
- 14.9%Interest Rate x 48 months
- 985 CAD/month + tax
- Total Payable: 47,284 CAD
- Total Interest: 11,824 CAD
At the end of the Lease Contract
Residual Value: 28,128 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 646 CAD/month + tax
- Total Payable: 31,032 CAD
- Total Interest: 2,904 CAD
- 8.9%Interest Rate x 48 months
- 699 CAD/month + tax
- Total Payable: 33,534 CAD
- Total Interest: 5,406 CAD
- 14.9%Interest Rate x 48 months
- 781 CAD/month + tax
- Total Payable: 37,507 CAD
- Total Interest: 9,379 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)
11.45
- + tax
- + fuel
- + insurance
- 43.99CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
24.11
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,477.95
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2019)
