Payment Analysis
449.00CAD/monthin Ottawa, ON
- 449.00 CAD/month
- 207.23 CAD/bi-weekly
- 103.62 CAD/week
- 5,388.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 507.37 CAD/month
- 234.17 CAD/bi-weekly
- 117.09 CAD/week
- 6,088.44 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:
9,968 ~ 10,868 CAD
compared to leasing a BRAND NEW:
- Ford Mustang Ecoboost
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 640 |
|---|---|
| This Contract (CAD/month) | 449 |
| Monthly Difference | 191 CAD/month |
| Remaining Term | x 48 months |
| Total Monthly Difference | = 9,168 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,968 ~ 10,868 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
44,552 CAD
- Total Vehicle Debt: 45,664 CAD
- Paid so Far: 1,112 CAD (2% Paid)
- Remaining Lease Payments: 21,552 CAD
- Residual Value: 23,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 1,112 CAD Total Vehicle Value: 45,664 CAD
Vehicle Debt Breakdown
Downpayment: 6,500 CAD Remaining Term: 21,552 CAD
Term Paid so Far: -5,388 CAD Residual Value: 23,000 CAD
Cost to Own
Already Paid: 1,112 CAD (2%)
Cash Incentive: 0 CAD Buyout Price Today: 44,552 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: 44,552 CAD
- 4.9%Interest Rate x 48 months
- 1,024 CAD/month + tax
- Total Payable: 49,151 CAD
- Total Interest: 4,599 CAD
- 8.9%Interest Rate x 48 months
- 1,107 CAD/month + tax
- Total Payable: 53,115 CAD
- Total Interest: 8,563 CAD
- 14.9%Interest Rate x 48 months
- 1,238 CAD/month + tax
- Total Payable: 59,408 CAD
- Total Interest: 14,856 CAD
At the end of the Lease Contract
Residual Value: 23,000 CAD (in 48 months)
- 4.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,374 CAD
- Total Interest: 2,374 CAD
- 8.9%Interest Rate x 48 months
- 571 CAD/month + tax
- Total Payable: 27,421 CAD
- Total Interest: 4,421 CAD
- 14.9%Interest Rate x 48 months
- 639 CAD/month + tax
- Total Payable: 30,669 CAD
- Total Interest: 7,669 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)
61.58
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
14.76
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
168.27
- km/week
- without any
- additional costs
