Payment Analysis

798.00CAD/monthin Gatineau, QC
    Before Taxes:
  • 798.00 CAD/month
  • 368.31 CAD/bi-weekly
  • 184.15 CAD/week
  • 9,576.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 917.54 CAD/month
  • 423.48 CAD/bi-weekly
  • 211.74 CAD/week
  • 11,010.48 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: 6,030 CAD

compared to leasing a BRAND NEW:

  • Ford F150 Lariat 4X4 FX4
  • for 36 months
  • in Quebec
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 919
This Contract (CAD/month) 798
Monthly Difference 121 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 3,630 CAD
+ Cash Incentive** (CAD) + 2,400
Total Savings (CAD) = 6,030
** "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: 47,874 CAD
  • Total Vehicle Debt: 69,542 CAD
  • Paid so Far: 19,268 CAD (27% Paid)
  • Remaining Lease Payments: 23,940 CAD
  • Residual Value: 26,334 CAD
  • Cash Incentive: 2,400 CAD
Vehicle Debt & Value
Paid so far: 19,268 CAD Total Vehicle Value: 69,542 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 6,500 CAD Remaining Term: 23,940 CAD
Term Paid so Far: 12,768 CAD Residual Value: 26,334 CAD
9%
18%
34%
39%
Cost to Own
Already Paid: 19,268 CAD (27%)
Cash Incentive: 2,400 CAD Buyout Price Today: 47,874 CAD
27% Paid
3%
70%
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: 47,874 CAD

  • 4.9%Interest Rate x 48 months
  • 1,100 CAD/month + tax
  • Total Payable: 52,816 CAD
  • Total Interest: 4,942 CAD
  • 8.9%Interest Rate x 48 months
  • 1,189 CAD/month + tax
  • Total Payable: 57,075 CAD
  • Total Interest: 9,202 CAD
  • 14.9%Interest Rate x 48 months
  • 1,330 CAD/month + tax
  • Total Payable: 63,837 CAD
  • Total Interest: 15,963 CAD

At the end of the Lease Contract

Residual Value: 26,334 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 605 CAD/month + tax
  • Total Payable: 29,052 CAD
  • Total Interest: 2,719 CAD
  • 8.9%Interest Rate x 48 months
  • 654 CAD/month + tax
  • Total Payable: 31,395 CAD
  • Total Interest: 5,061 CAD
  • 14.9%Interest Rate x 48 months
  • 732 CAD/month + tax
  • Total Payable: 35,115 CAD
  • Total Interest: 8,781 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)
28.78
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,400CAD incentive)
  • 31.99CAD/100km (TODAY without the Cash Incentive)
  • 38.30CAD/100km (Original Contract back in Oct, 2017)
Time Analysis
Cost per day: (CAD)
23.61
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,400CAD incentive)
  • 26.24CAD/day (Original Contract back in Oct, 2017)
Remaining Km
Can be driven up to:
575.64
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 480.77km/week (Contract Original back in Oct, 2017)