Payment Analysis

500.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 500.00 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 6,000.00 CAD/year
Incl. Ontario Taxes (13%):
  • 565.00 CAD/month
  • 260.77 CAD/bi-weekly
  • 130.38 CAD/week
  • 6,780.00 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: 2,568 CAD

compared to leasing a BRAND NEW:

  • FORD F-150 XLT
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 607
This Contract (CAD/month) 500
Monthly Difference 107 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 2,568 CAD
Total Savings (CAD) = 2,568

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 41,888 CAD
  • Total Vehicle Debt: 48,538 CAD
  • Paid so Far: 6,650 CAD (13% Paid)
  • Remaining Lease Payments: 12,000 CAD
  • Residual Value: 29,888 CAD
  • Required Payment: 0 CAD
Vehicle Debt & Value
Paid so far: 6,650 CAD Total Vehicle Value: 48,538 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 650 CAD Remaining Term: 12,000 CAD
Term Paid so Far: 6,000 CAD Residual Value: 29,888 CAD
1%
12%
24%
63%
Cost to Own
Already Paid: 6,650 CAD (13%)
Required Payment: 0 CAD (0%)Buyout Price Today: 41,888 CAD
13% Paid
0%
87%
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: 41,888 CAD

  • 4.9%Interest Rate x 48 months
  • 963 CAD/month + tax
  • Total Payable: 46,212 CAD
  • Total Interest: 4,324 CAD
  • 8.9%Interest Rate x 48 months
  • 1,040 CAD/month + tax
  • Total Payable: 49,939 CAD
  • Total Interest: 8,051 CAD
  • 14.9%Interest Rate x 48 months
  • 1,164 CAD/month + tax
  • Total Payable: 55,855 CAD
  • Total Interest: 13,967 CAD

At the end of the Lease Contract

Residual Value: 29,888 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 687 CAD/month + tax
  • Total Payable: 32,973 CAD
  • Total Interest: 3,085 CAD
  • 8.9%Interest Rate x 48 months
  • 742 CAD/month + tax
  • Total Payable: 35,633 CAD
  • Total Interest: 5,745 CAD
  • 14.9%Interest Rate x 48 months
  • 830 CAD/month + tax
  • Total Payable: 39,854 CAD
  • Total Interest: 9,966 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)
22.34
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 30.00CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
16.44
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
516.48
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Jun, 2020)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

Ford Lease Takeover in Ottawa, ON: 2023 Ford Lightning Lariat Automatic AWD ID:#46846
CAD/month x 5 months
2023 Ford Lightning Lariat (ID: #46846)
1,550
Ottawa, ON
2023 Ford

Lightning Lariat Automatique AWD Extended Battery, 302a fully loaded package, leather, sunroof, 80A charger included

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 1,550 CAD/month + tax
  • Months to End: 5 months (Jan, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 19,000 km total
  • Available Now: 127,200 km/year (10,600 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 3,000 cash
Lease Takeover Temporary Image
CAD/month x 26 months
2024 Ford F-150 Tremor 402A (ID: #58925)
1,286
Ottawa
2024 Ford

F-150 Tremor 402A Automatique AWD moonroof

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,286 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 1,171 CAD/month + tax
  • Residual Value: 45,000 CAD
  • Months to End: 26 months (Oct, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 18,462 km/year (1,538 per month)
See all Details
Lease Takeover Temporary Image
CAD/month x 13 months
2020 Ford F150 (ID: #43208)
1,100
Ottawa
2020 Ford

F150 Automatique AWD Lift kit and monster exhaust , cat skin

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,100 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 36,000 CAD
  • Months to End: 13 months (Sep, 2026)
Vehicle Status
  • Contract Allowance: 15,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 50,769 km/year (4,231 per month)
  • Excess Km Cost: 0.16 CAD/km
See all Details
+ More similar deals