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:
5,450 ~ 6,350 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 25 months |
| Total Monthly Difference | = 4,650 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,450 ~ 6,350 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
46,458 CAD
- Total Vehicle Debt: 62,841 CAD
- Paid so Far: 16,382 CAD (26% Paid)
- Remaining Lease Payments: 18,330 CAD
- Residual Value: 28,128 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,382 CAD Total Vehicle Value: 62,841 CAD
Vehicle Debt Breakdown
Downpayment: 985 CAD Remaining Term: 18,330 CAD
Term Paid so Far: 15,397 CAD Residual Value: 28,128 CAD
Cost to Own
Already Paid: 16,382 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 46,458 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: 46,458 CAD
- 4.9%Interest Rate x 48 months
- 1,068 CAD/month + tax
- Total Payable: 51,254 CAD
- Total Interest: 4,796 CAD
- 8.9%Interest Rate x 48 months
- 1,154 CAD/month + tax
- Total Payable: 55,388 CAD
- Total Interest: 8,929 CAD
- 14.9%Interest Rate x 48 months
- 1,291 CAD/month + tax
- Total Payable: 61,950 CAD
- Total Interest: 15,491 CAD
At the end of the Lease Contract
Residual Value: 28,128 CAD (in 25 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)
28.62
- + 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:
591.18
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2019)
