Payment Analysis
636.00CAD/monthin Ottawa, ON
- 636.00 CAD/month
- 293.54 CAD/bi-weekly
- 146.77 CAD/week
- 7,632.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 718.68 CAD/month
- 331.70 CAD/bi-weekly
- 165.85 CAD/week
- 8,624.16 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:
13,592 ~ 13,992 CAD
compared to leasing a BRAND NEW:
- Lincoln MKZ
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year (this vehicle has more than 31,000+)
| Leasing New (CAD/month) | 892 |
|---|---|
| This Contract (CAD/month) | 636 |
| Monthly Difference | 256 CAD/month |
| Remaining Term | x 45 months |
| Total Monthly Difference | = 11,520 CAD |
| + Cash Incentive** (CAD) | + 1,272 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 13,592 ~ 13,992 |
| ** "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:
48,418 CAD
- Total Vehicle Debt: 50,962 CAD
- Paid so Far: 1,272 CAD (2% Paid)
- Remaining Lease Payments: 28,620 CAD
- Residual Value: 21,070 CAD
- Cash Incentive: 1,272 CAD
Vehicle Debt & Value
Paid so far: 1,272 CAD Total Vehicle Value: 50,962 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 28,620 CAD
Term Paid so Far: 1,272 CAD Residual Value: 21,070 CAD
Cost to Own
Already Paid: 1,272 CAD (2%)
Cash Incentive: 1,272 CAD Buyout Price Today: 48,418 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: 48,418 CAD
- 4.9%Interest Rate x 48 months
- 1,113 CAD/month + tax
- Total Payable: 53,416 CAD
- Total Interest: 4,998 CAD
- 8.9%Interest Rate x 48 months
- 1,203 CAD/month + tax
- Total Payable: 57,724 CAD
- Total Interest: 9,306 CAD
- 14.9%Interest Rate x 48 months
- 1,345 CAD/month + tax
- Total Payable: 64,563 CAD
- Total Interest: 16,145 CAD
At the end of the Lease Contract
Residual Value: 21,070 CAD (in 45 months)
- 4.9%Interest Rate x 48 months
- 484 CAD/month + tax
- Total Payable: 23,245 CAD
- Total Interest: 2,175 CAD
- 8.9%Interest Rate x 48 months
- 523 CAD/month + tax
- Total Payable: 25,120 CAD
- Total Interest: 4,050 CAD
- 14.9%Interest Rate x 48 months
- 585 CAD/month + tax
- Total Payable: 28,096 CAD
- Total Interest: 7,026 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)
47.70
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
19.98
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
294.02
- km/week
- without any
- additional costs
Similar Listings in Ottawa
2022 Tesla
Model 3 Automatique 2WD
Payment Details
- Current Payment: 968 CAD/month + tax
- Original Downpayment: 1,192 CAD
- Months to End: 25 months (May, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 6,203 km total
- Available Now: 27,743 km/year (2,312 per month)
- Excess Km Cost: 0.15 CAD/km
