Payment Analysis

1,050.00CAD/monthin Toronto, ON
    Before Taxes:
  • 1,050.00 CAD/month
  • 484.62 CAD/bi-weekly
  • 242.31 CAD/week
  • 12,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,186.50 CAD/month
  • 547.62 CAD/bi-weekly
  • 273.81 CAD/week
  • 14,238.00 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: -1,000 CAD

compared to leasing a BRAND NEW:

  • MUSTANG MACH-E Premium
  • for 48 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,243
This Contract (CAD/month) 1,050
Monthly Difference 193 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
- Required Payment** (CAD) - 1,000
Total Savings (CAD) = -1,000
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,417 CAD
  • Total Vehicle Debt: 85,417 CAD
  • Paid so Far: 63,000 CAD (73% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 22,417 CAD
  • Required Payment: 1,000 CAD
Vehicle Debt & Value
Paid so far: 63,000 CAD Total Vehicle Value: 85,417 CAD
73% Paid
27%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 63,000 CAD Residual Value: 22,417 CAD
0%
73%
0%
27%
Cost to Own
Already Paid: 63,000 CAD (73%)
Required Payment: 1,000 CAD (1%)Buyout Price Today: 23,417 CAD
72% Paid
1%
27%
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: 23,417 CAD

  • 4.9%Interest Rate x 48 months
  • 538 CAD/month + tax
  • Total Payable: 25,834 CAD
  • Total Interest: 2,417 CAD
  • 8.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,918 CAD
  • Total Interest: 4,501 CAD
  • 14.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,225 CAD
  • Total Interest: 7,808 CAD

At the end of the Lease Contract

Residual Value: 22,417 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,731 CAD
  • Total Interest: 2,314 CAD
  • 8.9%Interest Rate x 48 months
  • 557 CAD/month + tax
  • Total Payable: 26,726 CAD
  • Total Interest: 4,309 CAD
  • 14.9%Interest Rate x 48 months
  • 623 CAD/month + tax
  • Total Payable: 29,892 CAD
  • Total Interest: 7,475 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)
1.86
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 0.95CAD/100km (TODAY without the Cash Incentive)
  • 50.40CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
67.40
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 34.52CAD/day (Original Contract back in May, 2021)
Remaining Km
Can be driven up to:
25,384.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 480.77km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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