Payment Analysis

956.42CAD/monthin Burnaby, BC
    Before Taxes:
  • 956.42 CAD/month
  • 441.42 CAD/bi-weekly
  • 220.71 CAD/week
  • 11,477.04 CAD/year
Incl. B.C. Taxes (12%):
  • 1,071.19 CAD/month
  • 494.40 CAD/bi-weekly
  • 247.20 CAD/week
  • 12,854.28 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: 2,937 CAD

compared to leasing a BRAND NEW:

  • FORD MUSTANG MACH-E Details Premium AWD
  • for 45 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 949
This Contract (CAD/month) 956
Monthly Difference -7 CAD/month
Remaining Term x 9 months
Total Monthly Difference = -63 CAD
+ Cash Incentive** (CAD) + 3,000
Total Savings (CAD) = 2,937
** "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: 28,479 CAD
  • Total Vehicle Debt: 66,866 CAD
  • Paid so Far: 35,388 CAD (52% Paid)
  • Remaining Lease Payments: 8,608 CAD
  • Residual Value: 22,871 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 35,388 CAD Total Vehicle Value: 66,866 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,608 CAD
Term Paid so Far: 35,388 CAD Residual Value: 22,871 CAD
0%
52%
13%
35%
Cost to Own
Already Paid: 35,388 CAD (52%)
Cash Incentive: 3,000 CAD Buyout Price Today: 28,479 CAD
52% Paid
4%
44%
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: 28,479 CAD

  • 4.9%Interest Rate x 48 months
  • 655 CAD/month + tax
  • Total Payable: 31,419 CAD
  • Total Interest: 2,940 CAD
  • 8.9%Interest Rate x 48 months
  • 707 CAD/month + tax
  • Total Payable: 33,952 CAD
  • Total Interest: 5,474 CAD
  • 14.9%Interest Rate x 48 months
  • 791 CAD/month + tax
  • Total Payable: 37,975 CAD
  • Total Interest: 9,496 CAD

At the end of the Lease Contract

Residual Value: 22,871 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 526 CAD/month + tax
  • Total Payable: 25,232 CAD
  • Total Interest: 2,361 CAD
  • 8.9%Interest Rate x 48 months
  • 568 CAD/month + tax
  • Total Payable: 27,267 CAD
  • Total Interest: 4,396 CAD
  • 14.9%Interest Rate x 48 months
  • 635 CAD/month + tax
  • Total Payable: 30,497 CAD
  • Total Interest: 7,626 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)
7.02
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 10.78CAD/100km (TODAY without the Cash Incentive)
  • 45.91CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
20.49
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 31.44CAD/day (Original Contract back in Jul, 2021)
Remaining Km
Can be driven up to:
2,047.01
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 480.77km/week (Contract Original back in Jul, 2021)

Seller Contact Info

This Contract was Already Transferred.

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