Payment Analysis

720.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 720.00 CAD/month
  • 332.31 CAD/bi-weekly
  • 166.15 CAD/week
  • 8,640.00 CAD/year
Incl. Ontario Taxes (13%):
  • 813.60 CAD/month
  • 375.51 CAD/bi-weekly
  • 187.75 CAD/week
  • 9,763.20 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: 1,810 ~ 2,210 CAD

compared to leasing a BRAND NEW:

  • Ford F150 XLT Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 821
This Contract (CAD/month) 720
Monthly Difference 101 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 1,010 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,810 ~ 2,210

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,200 CAD
  • Total Vehicle Debt: 64,040 CAD
  • Paid so Far: 27,840 CAD (43% Paid)
  • Remaining Lease Payments: 7,200 CAD
  • Residual Value: 29,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,840 CAD Total Vehicle Value: 64,040 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 1,200 CAD Remaining Term: 7,200 CAD
Term Paid so Far: 26,640 CAD Residual Value: 29,000 CAD
1%
42%
11%
46%
Cost to Own
Already Paid: 27,840 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 36,200 CAD
43% Paid
0%
57%
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: 36,200 CAD

  • 4.9%Interest Rate x 48 months
  • 832 CAD/month + tax
  • Total Payable: 39,937 CAD
  • Total Interest: 3,737 CAD
  • 8.9%Interest Rate x 48 months
  • 899 CAD/month + tax
  • Total Payable: 43,158 CAD
  • Total Interest: 6,958 CAD
  • 14.9%Interest Rate x 48 months
  • 1,006 CAD/month + tax
  • Total Payable: 48,271 CAD
  • Total Interest: 12,071 CAD

At the end of the Lease Contract

Residual Value: 29,000 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 31,994 CAD
  • Total Interest: 2,994 CAD
  • 8.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,574 CAD
  • Total Interest: 5,574 CAD
  • 14.9%Interest Rate x 48 months
  • 806 CAD/month + tax
  • Total Payable: 38,670 CAD
  • Total Interest: 9,670 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)
7.92
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 34.56CAD/100km (Original Contract back in Feb, 2021)
Time Analysis
Cost per day: (CAD)
23.67
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,098.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 480.77km/week (Contract Original back in Feb, 2021)

Seller Contact Info

This Contract was Already Transferred.