Ford Lease Takeover in Edmonton, AB: 2018 Ford Ecosport SES Automatique AWD ID:#20246 • LeaseCosts Canada

Payment Analysis

421.95CAD/monthin Edmonton, AB

Before Taxes:

421.95 CAD/month
194.75 CAD/bi-weekly
97.37 CAD/week
5,063.40 CAD/year

Incl. Alberta Taxes (5%):

443.05 CAD/month
204.48 CAD/bi-weekly
102.24 CAD/week
5,316.57 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: 2,826 ~ 3,226 CAD

compared to leasing a BRAND NEW:

Ford ECOSPORT SES AWD
for 36 months
in AB
$0 down payment
25,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	535
This Contract (CAD/month)	422
Monthly Difference	114 CAD/month
Remaining Term	x 9 months
Total Monthly Difference	= 1,026 CAD
+ Cash Incentive** (CAD)	+ 1,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 2,826 ~ 3,226
	** "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: 12,545 CAD

Total Vehicle Debt: 36,589 CAD
Paid so Far: 23,043 CAD (62% Paid)
Remaining Lease Payments: 3,798 CAD
Residual Value: 9,748 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 23,043 CAD Total Vehicle Value: 36,589 CAD

62% Paid

38%

Vehicle Debt Breakdown

Downpayment: 1,524 CAD Remaining Term: 3,798 CAD

Term Paid so Far: 21,519 CAD Residual Value: 9,748 CAD

58%

10%

28%

Cost to Own

Already Paid: 23,043 CAD (62%)

Cash Incentive: 1,000 CAD Buyout Price Today: 12,545 CAD

62% Paid

36%

Additional Financing Details

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: 12,545 CAD

4.9%Interest Rate x 48 months
288 CAD/month + tax
Total Payable: 13,840 CAD
Total Interest: 1,295 CAD

8.9%Interest Rate x 48 months
312 CAD/month + tax
Total Payable: 14,957 CAD
Total Interest: 2,411 CAD

14.9%Interest Rate x 48 months
349 CAD/month + tax
Total Payable: 16,729 CAD
Total Interest: 4,183 CAD

At the end of the Lease Contract

Residual Value: 9,748 CAD (in 9 months)

4.9%Interest Rate x 48 months
224 CAD/month + tax
Total Payable: 10,754 CAD
Total Interest: 1,006 CAD

8.9%Interest Rate x 48 months
242 CAD/month + tax
Total Payable: 11,621 CAD
Total Interest: 1,874 CAD

14.9%Interest Rate x 48 months
271 CAD/month + tax
Total Payable: 12,998 CAD
Total Interest: 3,250 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)