Payment Analysis
594.52CAD/monthin Mississauga, ON
- 594.52 CAD/month
- 274.39 CAD/bi-weekly
- 137.20 CAD/week
- 7,134.24 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 671.81 CAD/month
- 310.07 CAD/bi-weekly
- 155.03 CAD/week
- 8,061.69 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:
-295 ~ 1,005 CAD
compared to leasing a BRAND NEW:
- 2022 MUSTANG EcoBoost® Premium Fastback
- for 12 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 1,129 |
---|---|
This Contract (CAD/month) | 595 |
Monthly Difference | 535 CAD/month |
Remaining Term | x 3 months |
Total Monthly Difference | = 1,605 CAD |
- Required Payment** (CAD) | - 3,500 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = -295 ~ 1,005 |
** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
28,455 CAD
- Total Vehicle Debt: 61,708 CAD
- Paid so Far: 36,753 CAD (59% Paid)
- Remaining Lease Payments: 1,784 CAD
- Residual Value: 23,171 CAD
- Required Payment: 3,500 CAD
Vehicle Debt & Value
Paid so far: 36,753 CAD Total Vehicle Value: 61,708 CAD
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 1,784 CAD
Term Paid so Far: 26,753 CAD Residual Value: 23,171 CAD
Cost to Own
Already Paid: 36,753 CAD (59%)
Required Payment: 3,500 CAD (5%)Buyout Price Today: 28,455 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: 28,455 CAD
- 4.9%Interest Rate x 48 months
- 654 CAD/month + tax
- Total Payable: 31,392 CAD
- Total Interest: 2,937 CAD
- 8.9%Interest Rate x 48 months
- 707 CAD/month + tax
- Total Payable: 33,924 CAD
- Total Interest: 5,469 CAD
- 14.9%Interest Rate x 48 months
- 790 CAD/month + tax
- Total Payable: 37,943 CAD
- Total Interest: 9,488 CAD
At the end of the Lease Contract
Residual Value: 23,171 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 533 CAD/month + tax
- Total Payable: 25,563 CAD
- Total Interest: 2,392 CAD
- 8.9%Interest Rate x 48 months
- 576 CAD/month + tax
- Total Payable: 27,625 CAD
- Total Interest: 4,454 CAD
- 14.9%Interest Rate x 48 months
- 644 CAD/month + tax
- Total Payable: 30,897 CAD
- Total Interest: 7,726 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)
11.40
- + tax
- + fuel
- + insurance
- 3.85CAD/100km (TODAY without the Cash Incentive)
- 35.67CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
57.90
- + tax
- + insurance
- + km driven & fuel
- 19.55CAD/day (Original Contract back in Aug, 2020)
Remaining Km
Can be driven up to:
3,565.46
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2020)
Seller Contact Info
This Contract was Already Transferred.
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