Payment Analysis
797.33CAD/monthin Ottawa, ON
- 797.33 CAD/month
- 368.00 CAD/bi-weekly
- 184.00 CAD/week
- 9,567.96 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 900.98 CAD/month
- 415.84 CAD/bi-weekly
- 207.92 CAD/week
- 10,811.79 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:
24,106 CAD
compared to leasing a BRAND NEW:
- Lincoln
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 1,506 |
---|---|
This Contract (CAD/month) | 797 |
Monthly Difference | 709 CAD/month |
Remaining Term | x 34 months |
Total Monthly Difference | = 24,106 CAD |
Total Savings (CAD) | = 24,106 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
54,557 CAD
- Total Vehicle Debt: 56,952 CAD
- Paid so Far: 2,395 CAD (4% Paid)
- Remaining Lease Payments: 27,109 CAD
- Residual Value: 27,448 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,395 CAD Total Vehicle Value: 56,952 CAD
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 27,109 CAD
Term Paid so Far: 1,595 CAD Residual Value: 27,448 CAD
Cost to Own
Already Paid: 2,395 CAD (4%)
Cash Incentive: 0 CAD Buyout Price Today: 54,557 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: 54,557 CAD
- 4.9%Interest Rate x 48 months
- 1,254 CAD/month + tax
- Total Payable: 60,189 CAD
- Total Interest: 5,632 CAD
- 8.9%Interest Rate x 48 months
- 1,355 CAD/month + tax
- Total Payable: 65,043 CAD
- Total Interest: 10,486 CAD
- 14.9%Interest Rate x 48 months
- 1,516 CAD/month + tax
- Total Payable: 72,749 CAD
- Total Interest: 18,192 CAD
At the end of the Lease Contract
Residual Value: 27,448 CAD (in 34 months)
- 4.9%Interest Rate x 48 months
- 631 CAD/month + tax
- Total Payable: 30,282 CAD
- Total Interest: 2,834 CAD
- 8.9%Interest Rate x 48 months
- 682 CAD/month + tax
- Total Payable: 32,724 CAD
- Total Interest: 5,276 CAD
- 14.9%Interest Rate x 48 months
- 763 CAD/month + tax
- Total Payable: 36,600 CAD
- Total Interest: 9,152 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)
40.60
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
26.21
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
453.25
- km/week
- without any
- additional costs
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