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

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: 3,484 ~ 4,784 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 4 months
Total Monthly Difference = -116 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,484 ~ 4,784
** "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: 15,348 CAD
  • Total Vehicle Debt: 46,417 CAD
  • Paid so Far: 29,069 CAD (62% Paid)
  • Remaining Lease Payments: 2,114 CAD
  • Residual Value: 15,234 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 29,069 CAD Total Vehicle Value: 46,417 CAD
62% Paid
38%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,114 CAD
Term Paid so Far: 29,069 CAD Residual Value: 15,234 CAD
0%
62%
4%
34%
Cost to Own
Already Paid: 29,069 CAD (62%)
Cash Incentive: 2,000 CAD Buyout Price Today: 15,348 CAD
62% Paid
4%
34%
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: 15,348 CAD

  • 4.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,933 CAD
  • Total Interest: 1,584 CAD
  • 8.9%Interest Rate x 48 months
  • 381 CAD/month + tax
  • Total Payable: 18,298 CAD
  • Total Interest: 2,950 CAD
  • 14.9%Interest Rate x 48 months
  • 426 CAD/month + tax
  • Total Payable: 20,466 CAD
  • Total Interest: 5,118 CAD

At the end of the Lease Contract

Residual Value: 15,234 CAD (in 4 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)
0.23
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 4.17CAD/100km (TODAY without the Cash Incentive)
  • 39.64CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
0.94
  • + 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:
2,923.08
  • 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.

Similar Listings in Hamilton

+ 3,000 cash
CAD/month x 23 months
2022 Mercedes-Benz GLC 43 AMG (ID: #53299)
1,463
Hamilton, ON
2022 Mercedes-Benz

GLC 43 AMG Automatique AWD 1) Premium package, AMG drivers package, midnight package, leather upholstery 2) Interior and exterior protection, paintless dent repair, windshield protection (48 months protection), 3) Extra rust module 4) 3 years oil change

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,463 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 1,332 CAD/month + tax
  • Original Downpayment: 7,207 CAD
  • Residual Value: 38,936 CAD
  • Months to End: 23 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 29,800 km total
  • Available Now: 30,365 km/year (2,530 per month)
  • Excess Km Cost: 0.15 CAD/km
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
CAD/month x 31 months
2023 Audi Q7 45 Komfort TFSI (ID: #46165)
1,157
Hamilton, ON
2023 Audi

Q7 45 Komfort TFSI Automatique AWD Vorsprung Edition, Driver Assistance Package, Bang and Olufsen Premium 3D Sound

  • Warranty Complete Term
Payment Details
  • Current Payment: 1,157 CAD/month + tax
  • Residual Value: 37,773 CAD
  • Months to End: 31 months (Jul, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 9,250 km total
  • Available Now: 15,000 km/year (1,250 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
CAD/month x 33 months
2024 Volkswagen Atlas 4motion SEL premium R-line (ID: #57262)
860
St. Catharines
2024 Volkswagen

Atlas 4motion SEL premium R-line Automatique AWD

Payment Details
  • Current Payment: 860 CAD/month + tax
  • Original Downpayment: 505 CAD
  • Residual Value: 31,613 CAD
  • Months to End: 33 months (Oct, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 14,909 km/year (1,242 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 0 months
2021 Toyota Highlander (ID: #55794)
739
Niagara Falls
2021 Toyota

Highlander Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 739 CAD/month + tax
  • Months to End: 1 months (Nov, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 67,000 km total
  • Available Now: -324,000 km/year (-27,000 per month)
  • Please note that this contract ends in less than a year.
See all Details
CAD/month x 34 months
2024 Subaru CrossTrek (ID: #54680)
595
Waterdown
2024 Subaru

CrossTrek Automatique AWD Limited

Payment Details
  • Current Payment: 595 CAD/month + tax
  • Residual Value: 21,101 CAD
  • Months to End: 34 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 7,977 km total
  • Available Now: 19,773 km/year (1,648 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details
2023 Hyundai

Palisade Ultimate Caligrapghy Automatique AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 827 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Months to End: 20 months (Aug, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 33,600 km/year (2,800 per month)
See all Details