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: 1,204 ~ 1,604 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 4 months
Total Monthly Difference = 404 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,204 ~ 1,604

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,880 CAD
  • Total Vehicle Debt: 64,040 CAD
  • Paid so Far: 32,160 CAD (50% Paid)
  • Remaining Lease Payments: 2,880 CAD
  • Residual Value: 29,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 32,160 CAD Total Vehicle Value: 64,040 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 1,200 CAD Remaining Term: 2,880 CAD
Term Paid so Far: 30,960 CAD Residual Value: 29,000 CAD
1%
49%
4%
46%
Cost to Own
Already Paid: 32,160 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 31,880 CAD
50% Paid
0%
50%
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: 31,880 CAD

  • 4.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,171 CAD
  • Total Interest: 3,291 CAD
  • 8.9%Interest Rate x 48 months
  • 792 CAD/month + tax
  • Total Payable: 38,007 CAD
  • Total Interest: 6,127 CAD
  • 14.9%Interest Rate x 48 months
  • 886 CAD/month + tax
  • Total Payable: 42,510 CAD
  • Total Interest: 10,630 CAD

At the end of the Lease Contract

Residual Value: 29,000 CAD (in 4 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)
3.17
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 34.56CAD/100km (Original Contract back in Feb, 2021)
Time Analysis
Cost per day: (CAD)
23.67
  • + tax
  • + insurance
  • + km driven & fuel
(0.82CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
5,245.19
  • 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.