Payment Analysis

628.92CAD/monthin Quebec, QC
    Before Taxes:
  • 628.92 CAD/month
  • 290.27 CAD/bi-weekly
  • 145.14 CAD/week
  • 7,547.04 CAD/year
Incl. Québec Taxes (14.98%):
  • 723.13 CAD/month
  • 333.75 CAD/bi-weekly
  • 166.88 CAD/week
  • 8,677.59 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: 5,816 ~ 6,216 CAD

compared to leasing a BRAND NEW:

  • FORD EDGE ST AWD
  • for 36 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 837
This Contract (CAD/month) 629
Monthly Difference 209 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 5,016 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,816 ~ 6,216

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,938 CAD
  • Total Vehicle Debt: 58,579 CAD
  • Paid so Far: 22,641 CAD (38% Paid)
  • Remaining Lease Payments: 15,094 CAD
  • Residual Value: 20,844 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,641 CAD Total Vehicle Value: 58,579 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,094 CAD
Term Paid so Far: 22,641 CAD Residual Value: 20,844 CAD
0%
38%
26%
36%
Cost to Own
Already Paid: 22,641 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 35,938 CAD
38% Paid
0%
62%
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: 35,938 CAD

  • 4.9%Interest Rate x 48 months
  • 826 CAD/month + tax
  • Total Payable: 39,648 CAD
  • Total Interest: 3,710 CAD
  • 8.9%Interest Rate x 48 months
  • 893 CAD/month + tax
  • Total Payable: 42,845 CAD
  • Total Interest: 6,907 CAD
  • 14.9%Interest Rate x 48 months
  • 998 CAD/month + tax
  • Total Payable: 47,921 CAD
  • Total Interest: 11,983 CAD

At the end of the Lease Contract

Residual Value: 20,844 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 479 CAD/month + tax
  • Total Payable: 22,995 CAD
  • Total Interest: 2,152 CAD
  • 8.9%Interest Rate x 48 months
  • 518 CAD/month + tax
  • Total Payable: 24,850 CAD
  • Total Interest: 4,006 CAD
  • 14.9%Interest Rate x 48 months
  • 579 CAD/month + tax
  • Total Payable: 27,794 CAD
  • Total Interest: 6,950 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)
27.44
  • + tax
  • + fuel
  • + insurance
(or 0.27CAD per km)
  • 47.17CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
20.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
528.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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