Payment Analysis

719.79CAD/monthin Edmonton, AB
    Before Taxes:
  • 719.79 CAD/month
  • 332.21 CAD/bi-weekly
  • 166.11 CAD/week
  • 8,637.48 CAD/year
Incl. Alberta Taxes (5%):
  • 755.78 CAD/month
  • 348.82 CAD/bi-weekly
  • 174.41 CAD/week
  • 9,069.35 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: 805 CAD

compared to leasing a BRAND NEW:

  • 2022 Ford MAVERICK™ LARIAT w/ 4k Tow Package $800 + LARIAT Luxury Package $5,000 + 10 Oil Changes + FX4 package $1,120 + Moon roof of $800
  • for 36 months
  • in Alberta
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 834
This Contract (CAD/month) 720
Monthly Difference 115 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 805 CAD
Total Savings (CAD) = 805

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,790 CAD
  • Total Vehicle Debt: 56,302 CAD
  • Paid so Far: 29,511 CAD (52% Paid)
  • Remaining Lease Payments: 5,039 CAD
  • Residual Value: 21,752 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,511 CAD Total Vehicle Value: 56,302 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,039 CAD
Term Paid so Far: 29,511 CAD Residual Value: 21,752 CAD
0%
52%
9%
39%
Cost to Own
Already Paid: 29,511 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 26,790 CAD
52% Paid
0%
48%
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: 26,790 CAD

  • 4.9%Interest Rate x 48 months
  • 616 CAD/month + tax
  • Total Payable: 29,556 CAD
  • Total Interest: 2,766 CAD
  • 8.9%Interest Rate x 48 months
  • 665 CAD/month + tax
  • Total Payable: 31,939 CAD
  • Total Interest: 5,149 CAD
  • 14.9%Interest Rate x 48 months
  • 744 CAD/month + tax
  • Total Payable: 35,723 CAD
  • Total Interest: 8,933 CAD

At the end of the Lease Contract

Residual Value: 21,752 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 23,997 CAD
  • Total Interest: 2,245 CAD
  • 8.9%Interest Rate x 48 months
  • 540 CAD/month + tax
  • Total Payable: 25,932 CAD
  • Total Interest: 4,181 CAD
  • 14.9%Interest Rate x 48 months
  • 604 CAD/month + tax
  • Total Payable: 29,005 CAD
  • Total Interest: 7,253 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)
5.66
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 34.55CAD/100km (Original Contract back in Jun, 2022)
Time Analysis
Cost per day: (CAD)
23.66
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,934.07
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 480.77km/week (Contract Original back in Jun, 2022)

Seller Contact Info

This Contract was Already Transferred.

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