Payment Analysis
524.61CAD/monthin Kingston, ON
- 524.61 CAD/month
- 242.13 CAD/bi-weekly
- 121.06 CAD/week
- 6,295.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 592.81 CAD/month
- 273.60 CAD/bi-weekly
- 136.80 CAD/week
- 7,113.71 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:
2,706 ~ 3,606 CAD
compared to leasing a BRAND NEW:
- FORD EDGE SEL
- for 36 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 604 |
|---|---|
| This Contract (CAD/month) | 525 |
| Monthly Difference | 80 CAD/month |
| Remaining Term | x 9 months |
| Total Monthly Difference | = 720 CAD |
| + Cash Incentive** (CAD) | + 1,186 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,706 ~ 3,606 |
| ** "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:
21,903 CAD
- Total Vehicle Debt: 43,549 CAD
- Paid so Far: 20,460 CAD (46% Paid)
- Remaining Lease Payments: 4,721 CAD
- Residual Value: 18,368 CAD
- Cash Incentive: 1,186 CAD
Vehicle Debt & Value
Paid so far: 20,460 CAD Total Vehicle Value: 43,549 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,721 CAD
Term Paid so Far: 20,460 CAD Residual Value: 18,368 CAD
Cost to Own
Already Paid: 20,460 CAD (46%)
Cash Incentive: 1,186 CAD Buyout Price Today: 21,903 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: 21,903 CAD
- 4.9%Interest Rate x 48 months
- 503 CAD/month + tax
- Total Payable: 24,164 CAD
- Total Interest: 2,261 CAD
- 8.9%Interest Rate x 48 months
- 544 CAD/month + tax
- Total Payable: 26,113 CAD
- Total Interest: 4,210 CAD
- 14.9%Interest Rate x 48 months
- 608 CAD/month + tax
- Total Payable: 29,207 CAD
- Total Interest: 7,303 CAD
At the end of the Lease Contract
Residual Value: 18,368 CAD (in 9 months)
- 4.9%Interest Rate x 48 months
- 422 CAD/month + tax
- Total Payable: 20,264 CAD
- Total Interest: 1,896 CAD
- 8.9%Interest Rate x 48 months
- 456 CAD/month + tax
- Total Payable: 21,898 CAD
- Total Interest: 3,530 CAD
- 14.9%Interest Rate x 48 months
- 510 CAD/month + tax
- Total Payable: 24,492 CAD
- Total Interest: 6,125 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)
7.52
- + tax
- + fuel
- + insurance
- 10.05CAD/100km (TODAY without the Cash Incentive)
- 39.35CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
12.92
- + tax
- + insurance
- + km driven & fuel
- 17.25CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
1,205.13
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jul, 2020)
Seller Contact Info
This Contract was Already Transferred.
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