This Vehicle is Sold


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Vehicle Photos

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Transfer Details

+ 6,000 cash
Lease Takeover in Maple, ON: 2017 Lincoln MKZ Reserve Hybrid Automatic 2WD
SAVE ~24,600 CAD
CAD/month x 44 months
2017 Lincoln MKZ Reserve Hybrid (ID: #4021)
726
Maple, ON
2017 Lincoln

MKZ Reserve Hybrid Automatic 2WD w/ Technology Package + Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 726 CAD/month + tax
  • Cash Incentive: 6,000 CAD
  • Payment After Incentive: 589 CAD/month + tax
  • Original Downpayment: 1,130 CAD
  • Residual Value: 21,257 CAD
  • Months to End: 44 months (Jun, 2021)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 27,800 km total
  • Available Now: 19,691 km/year (1,641 per month)
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

725.62CAD/monthin Maple, ON
    Before Taxes:
  • 725.62 CAD/month
  • 334.90 CAD/bi-weekly
  • 167.45 CAD/week
  • 8,707.44 CAD/year
Incl. Ontario Taxes (13%):
  • 819.95 CAD/month
  • 378.44 CAD/bi-weekly
  • 189.22 CAD/week
  • 9,839.41 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: 24,180 ~ 25,080 CAD

compared to leasing a BRAND NEW:

  • LINCOLN MKZ RESERVE HYBRID, 2.0L Hybrid Engine, Continuously Variable Powersplit Transmission
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,120
This Contract (CAD/month) 726
Monthly Difference 395 CAD/month
Remaining Term x 44 months
Total Monthly Difference = 17,380 CAD
+ Cash Incentive** (CAD) + 6,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 24,180 ~ 25,080
** "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: 47,184 CAD
  • Total Vehicle Debt: 57,216 CAD
  • Paid so Far: 4,032 CAD (7% Paid)
  • Remaining Lease Payments: 31,927 CAD
  • Residual Value: 21,257 CAD
  • Cash Incentive: 6,000 CAD
Vehicle Debt & Value
Paid so far: 4,032 CAD Total Vehicle Value: 57,216 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 1,130 CAD Remaining Term: 31,927 CAD
Term Paid so Far: 2,902 CAD Residual Value: 21,257 CAD
1%
6%
55%
38%
Cost to Own
Already Paid: 4,032 CAD (7%)
Cash Incentive: 6,000 CAD Buyout Price Today: 47,184 CAD
7% Paid
10%
83%
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: 47,184 CAD

  • 4.9%Interest Rate x 48 months
  • 1,084 CAD/month + tax
  • Total Payable: 52,055 CAD
  • Total Interest: 4,871 CAD
  • 8.9%Interest Rate x 48 months
  • 1,172 CAD/month + tax
  • Total Payable: 56,253 CAD
  • Total Interest: 9,069 CAD
  • 14.9%Interest Rate x 48 months
  • 1,311 CAD/month + tax
  • Total Payable: 62,917 CAD
  • Total Interest: 15,733 CAD

At the end of the Lease Contract

Residual Value: 21,257 CAD (in 44 months)

  • 4.9%Interest Rate x 48 months
  • 489 CAD/month + tax
  • Total Payable: 23,451 CAD
  • Total Interest: 2,194 CAD
  • 8.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,342 CAD
  • Total Interest: 4,086 CAD
  • 14.9%Interest Rate x 48 months
  • 591 CAD/month + tax
  • Total Payable: 28,344 CAD
  • Total Interest: 7,088 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)
35.91
  • + tax
  • + fuel
  • + insurance
(inlcuding the 6,000CAD incentive)
Time Analysis
Cost per day: (CAD)
19.37
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 6,000CAD incentive)
Remaining Km
Can be driven up to:
378.67
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Seller Contact Info

This Contract was Already Transferred.

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