Payment Analysis

326.25CAD/monthin Windsor, ON
    Before Taxes:
  • 326.25 CAD/month
  • 150.58 CAD/bi-weekly
  • 75.29 CAD/week
  • 3,915.00 CAD/year
Incl. Ontario Taxes (13%):
  • 368.66 CAD/month
  • 170.15 CAD/bi-weekly
  • 85.08 CAD/week
  • 4,423.95 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: 14,478 CAD

compared to leasing a BRAND NEW:

  • Ford Escape SE, FWD, 1.5L EcoBoost® Engine w/ Appareance Package + 201A option
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 635
This Contract (CAD/month) 326
Monthly Difference 309 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 12,978 CAD
+ Cash Incentive** (CAD) + 1,500
Total Savings (CAD) = 14,478
** "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: 26,872 CAD
  • Total Vehicle Debt: 26,414 CAD
  • Paid so Far: -1,958 CAD (-8% Paid)
  • Remaining Lease Payments: 13,703 CAD
  • Residual Value: 14,669 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: -1,958 CAD Total Vehicle Value: 26,414 CAD
-8% Paid
108%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,703 CAD
Term Paid so Far: -1,958 CAD Residual Value: 14,669 CAD
0%
-8%
52%
56%
Cost to Own
Already Paid: -1,958 CAD (-8%)
Cash Incentive: 1,500 CAD Buyout Price Today: 26,872 CAD
-8% Paid
5%
103%
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: 26,872 CAD

  • 4.9%Interest Rate x 48 months
  • 618 CAD/month + tax
  • Total Payable: 29,646 CAD
  • Total Interest: 2,774 CAD
  • 8.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,036 CAD
  • Total Interest: 5,165 CAD
  • 14.9%Interest Rate x 48 months
  • 746 CAD/month + tax
  • Total Payable: 35,832 CAD
  • Total Interest: 8,960 CAD

At the end of the Lease Contract

Residual Value: 14,669 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 337 CAD/month + tax
  • Total Payable: 16,183 CAD
  • Total Interest: 1,514 CAD
  • 8.9%Interest Rate x 48 months
  • 364 CAD/month + tax
  • Total Payable: 17,488 CAD
  • Total Interest: 2,819 CAD
  • 14.9%Interest Rate x 48 months
  • 408 CAD/month + tax
  • Total Payable: 19,560 CAD
  • Total Interest: 4,891 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)
54.23
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
9.55
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
123.63
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD