This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 2,000 cash
Ford Lease Takeover in Thorold, ON: 2020 Ford SEL Automatic 2WD ID:#27573
SAVE ~4,300 CAD
CAD/month x 0 months
2020 Ford EDGE SEL (ID: #27573)
529
Thorold, ON
2020 Ford

EDGE SEL Automatic 2WD w/ Ford Co-Pilot 360 Assist + package Panormaic Sunroof

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 529 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: -1,471 CAD/month + tax
  • Residual Value: 15,234 CAD
  • Months to End: 1 months (Apr, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 28,000 km total
  • Available Now: 608,000 km/year (50,667 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • All Main Coverages
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

528.52CAD/monthin Thorold, ON
    Before Taxes:
  • 528.52 CAD/month
  • 243.93 CAD/bi-weekly
  • 121.97 CAD/week
  • 6,342.24 CAD/year
Incl. Ontario Taxes (13%):
  • 597.23 CAD/month
  • 275.64 CAD/bi-weekly
  • 137.82 CAD/week
  • 7,166.73 CAD/year

Estimate Insurance Costs

 

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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: 3,600 ~ 4,900 CAD

compared to leasing a BRAND NEW:

  • FORD ESCAPE SEL
  • for 48 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 499
This Contract (CAD/month) 529
Monthly Difference -29 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,600 ~ 4,900
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,234 CAD
  • Total Vehicle Debt: 46,417 CAD
  • Paid so Far: 31,183 CAD (67% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 15,234 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 31,183 CAD Total Vehicle Value: 46,417 CAD
67% Paid
33%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 31,183 CAD Residual Value: 15,234 CAD
0%
67%
0%
33%
Cost to Own
Already Paid: 31,183 CAD (67%)
Cash Incentive: 2,000 CAD Buyout Price Today: 13,234 CAD
67% Paid
4%
29%
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: 13,234 CAD

  • 4.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,600 CAD
  • Total Interest: 1,366 CAD
  • 8.9%Interest Rate x 48 months
  • 329 CAD/month + tax
  • Total Payable: 15,778 CAD
  • Total Interest: 2,544 CAD
  • 14.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,647 CAD
  • Total Interest: 4,413 CAD

At the end of the Lease Contract

Residual Value: 15,234 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,807 CAD
  • Total Interest: 1,573 CAD
  • 8.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,162 CAD
  • Total Interest: 2,928 CAD
  • 14.9%Interest Rate x 48 months
  • 423 CAD/month + tax
  • Total Payable: 20,314 CAD
  • Total Interest: 5,080 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)
-2.90
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 1.04CAD/100km (TODAY without the Cash Incentive)
  • 39.64CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
-48.38
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 17.38CAD/day (Original Contract back in May, 2020)
Remaining Km
Can be driven up to:
11,692.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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