Payment Analysis

640.00CAD/monthin Brampton, ON
    Before Taxes:
  • 640.00 CAD/month
  • 295.38 CAD/bi-weekly
  • 147.69 CAD/week
  • 7,680.00 CAD/year
Incl. Ontario Taxes (13%):
  • 723.20 CAD/month
  • 333.78 CAD/bi-weekly
  • 166.89 CAD/week
  • 8,678.40 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: 4,176 CAD

compared to leasing a BRAND NEW:

  • FORD EDGE ST MANUAL AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 901
This Contract (CAD/month) 640
Monthly Difference 261 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 4,176 CAD
Total Savings (CAD) = 4,176

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,240 CAD
  • Total Vehicle Debt: 52,900 CAD
  • Paid so Far: 13,660 CAD (25% Paid)
  • Remaining Lease Payments: 10,240 CAD
  • Residual Value: 29,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,660 CAD Total Vehicle Value: 52,900 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 10,240 CAD
Term Paid so Far: 12,160 CAD Residual Value: 29,000 CAD
2%
23%
19%
56%
Cost to Own
Already Paid: 13,660 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 39,240 CAD
25% Paid
0%
75%
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: 39,240 CAD

  • 4.9%Interest Rate x 48 months
  • 902 CAD/month + tax
  • Total Payable: 43,291 CAD
  • Total Interest: 4,051 CAD
  • 8.9%Interest Rate x 48 months
  • 975 CAD/month + tax
  • Total Payable: 46,782 CAD
  • Total Interest: 7,542 CAD
  • 14.9%Interest Rate x 48 months
  • 1,090 CAD/month + tax
  • Total Payable: 52,324 CAD
  • Total Interest: 13,084 CAD

At the end of the Lease Contract

Residual Value: 29,000 CAD (in 16 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)
14.59
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
  • 30.72CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
21.04
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,012.02
  • 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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