Ford Lease Takeover in Toronto: 2024 Ford Mustang Ecoboost Premium Automatique 2WD ID:#65282 • LeaseCosts Canada

Payment Analysis

706.37CAD/monthin Toronto

Before Taxes:

706.37 CAD/month
326.02 CAD/bi-weekly
163.01 CAD/week
8,476.44 CAD/year

Incl. Ontario Taxes (13%):

798.20 CAD/month
368.40 CAD/bi-weekly
184.20 CAD/week
9,578.38 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 38,747 CAD

Total Vehicle Debt: 57,906 CAD
Paid so Far: 17,659 CAD (30% Paid)
Remaining Lease Payments: 16,247 CAD
Residual Value: 24,000 CAD
Cash Incentive: 1,500 CAD

Vehicle Debt & Value

Paid so far: 17,659 CAD Total Vehicle Value: 57,906 CAD

30% Paid

70%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 16,247 CAD

Term Paid so Far: 17,659 CAD Residual Value: 24,000 CAD

30%

28%

42%

Cost to Own

Already Paid: 17,659 CAD (30%)

Cash Incentive: 1,500 CAD Buyout Price Today: 38,747 CAD

30% Paid

68%

Additional Financing Details

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: 38,747 CAD

4.9%Interest Rate x 48 months
891 CAD/month + tax
Total Payable: 42,746 CAD
Total Interest: 4,000 CAD

8.9%Interest Rate x 48 months
962 CAD/month + tax
Total Payable: 46,194 CAD
Total Interest: 7,447 CAD

14.9%Interest Rate x 48 months
1,076 CAD/month + tax
Total Payable: 51,666 CAD
Total Interest: 12,920 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 23 months)

4.9%Interest Rate x 48 months
552 CAD/month + tax
Total Payable: 26,478 CAD
Total Interest: 2,478 CAD

8.9%Interest Rate x 48 months
596 CAD/month + tax
Total Payable: 28,613 CAD
Total Interest: 4,613 CAD

14.9%Interest Rate x 48 months
667 CAD/month + tax
Total Payable: 32,003 CAD
Total Interest: 8,003 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)

34.54

+ tax
+ fuel
+ insurance

(inlcuding the 1,500CAD incentive)

38.05CAD/100km (TODAY without the Cash Incentive)
52.98CAD/100km (Original Contract back in Apr, 2024)

Time Analysis

Cost per day: (CAD)

21.08

+ tax
+ insurance
+ km driven & fuel

(inlcuding the 1,500CAD incentive)

23.22CAD/day (Original Contract back in Apr, 2024)

Remaining Km

Can be driven up to:

428.43

km/week
without any
additional costs

Excess km cost: Not Provided

307.69km/week (Contract Original back in Apr, 2024)

Seller Contact Info

Name: Josh
Location: Toronto
Date Contract Started: 2024-04-04
Date Contract Ends: 2028-04-04

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Beautiful like new 2024 Ford Mustang Ecoboost Premium. ACCIDENT FREE! Heated/Cooled seats, Active Valve Performance Exhaust, 360 Copilot assist, 401A high equipment package, B&O Upgraded surround sound! Available with winter tires and rims purchased new for 1 season! Take over for $368 bi-weekly tax in!