Payment Analysis
650.00CAD/monthin Ottawa, ON
- 650.00 CAD/month
- 300.00 CAD/bi-weekly
- 150.00 CAD/week
- 7,800.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 734.50 CAD/month
- 339.00 CAD/bi-weekly
- 169.50 CAD/week
- 8,814.00 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:
4,466 ~ 5,366 CAD
compared to leasing a BRAND NEW:
- Ford Mustang GT
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 728 |
|---|---|
| This Contract (CAD/month) | 650 |
| Monthly Difference | 78 CAD/month |
| Remaining Term | x 47 months |
| Total Monthly Difference | = 3,666 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 4,466 ~ 5,366 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
51,050 CAD
- Total Vehicle Debt: 39,100 CAD
- Paid so Far: -11,950 CAD (-31% Paid)
- Remaining Lease Payments: 30,550 CAD
- Residual Value: 20,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -11,950 CAD Total Vehicle Value: 39,100 CAD
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 30,550 CAD
Term Paid so Far: -14,950 CAD Residual Value: 20,500 CAD
Cost to Own
Already Paid: -11,950 CAD (-31%)
Cash Incentive: 0 CAD Buyout Price Today: 51,050 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: 51,050 CAD
- 4.9%Interest Rate x 48 months
- 1,173 CAD/month + tax
- Total Payable: 56,320 CAD
- Total Interest: 5,270 CAD
- 8.9%Interest Rate x 48 months
- 1,268 CAD/month + tax
- Total Payable: 60,862 CAD
- Total Interest: 9,812 CAD
- 14.9%Interest Rate x 48 months
- 1,418 CAD/month + tax
- Total Payable: 68,072 CAD
- Total Interest: 17,022 CAD
At the end of the Lease Contract
Residual Value: 20,500 CAD (in 47 months)
- 4.9%Interest Rate x 48 months
- 471 CAD/month + tax
- Total Payable: 22,616 CAD
- Total Interest: 2,116 CAD
- 8.9%Interest Rate x 48 months
- 509 CAD/month + tax
- Total Payable: 24,440 CAD
- Total Interest: 3,940 CAD
- 14.9%Interest Rate x 48 months
- 569 CAD/month + tax
- Total Payable: 27,336 CAD
- Total Interest: 6,836 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)
265.65
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
21.37
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
56.46
- km/week
- without any
- additional costs
