Payment Analysis
719.79CAD/monthin Edmonton, AB
- 719.79 CAD/month
- 332.21 CAD/bi-weekly
- 166.11 CAD/week
- 8,637.48 CAD/year
Before Taxes:
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:
2,990 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
| Leasing New (CAD/month) | 834 |
|---|---|
| This Contract (CAD/month) | 720 |
| Monthly Difference | 115 CAD/month |
| Remaining Term | x 26 months |
| Total Monthly Difference | = 2,990 CAD |
| Total Savings (CAD) | = 2,990 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
40,466 CAD
- Total Vehicle Debt: 56,302 CAD
- Paid so Far: 15,835 CAD (28% Paid)
- Remaining Lease Payments: 18,715 CAD
- Residual Value: 21,752 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,835 CAD Total Vehicle Value: 56,302 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,715 CAD
Term Paid so Far: 15,835 CAD Residual Value: 21,752 CAD
Cost to Own
Already Paid: 15,835 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 40,466 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: 40,466 CAD
- 4.9%Interest Rate x 48 months
- 930 CAD/month + tax
- Total Payable: 44,644 CAD
- Total Interest: 4,177 CAD
- 8.9%Interest Rate x 48 months
- 1,005 CAD/month + tax
- Total Payable: 48,244 CAD
- Total Interest: 7,778 CAD
- 14.9%Interest Rate x 48 months
- 1,124 CAD/month + tax
- Total Payable: 53,959 CAD
- Total Interest: 13,493 CAD
At the end of the Lease Contract
Residual Value: 21,752 CAD (in 26 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)
21.03
- + tax
- + fuel
- + insurance
- 34.55CAD/100km (Original Contract back in Jun, 2022)
Time Analysis
Cost per day: (CAD)
23.66
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
789.94
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Jun, 2022)
