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: 41,572 CAD
  • Total Vehicle Debt: 57,906 CAD
  • Paid so Far: 14,834 CAD (25% Paid)
  • Remaining Lease Payments: 19,072 CAD
  • Residual Value: 24,000 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 14,834 CAD Total Vehicle Value: 57,906 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,072 CAD
Term Paid so Far: 14,834 CAD Residual Value: 24,000 CAD
0%
25%
33%
42%
Cost to Own
Already Paid: 14,834 CAD (25%)
Cash Incentive: 1,500 CAD Buyout Price Today: 41,572 CAD
25% Paid
2%
73%
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: 41,572 CAD

  • 4.9%Interest Rate x 48 months
  • 955 CAD/month + tax
  • Total Payable: 45,864 CAD
  • Total Interest: 4,292 CAD
  • 8.9%Interest Rate x 48 months
  • 1,033 CAD/month + tax
  • Total Payable: 49,562 CAD
  • Total Interest: 7,990 CAD
  • 14.9%Interest Rate x 48 months
  • 1,155 CAD/month + tax
  • Total Payable: 55,434 CAD
  • Total Interest: 13,862 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 27 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)
41.15
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 44.67CAD/100km (TODAY without the Cash Incentive)
  • 52.98CAD/100km (Original Contract back in Apr, 2024)
Time Analysis
Cost per day: (CAD)
21.40
  • + 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:
364.96
  • 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:
  • Date Contract Ends:

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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!

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