Payment Analysis
627.00CAD/monthin Toronto, ON
- 627.00 CAD/month
- 289.38 CAD/bi-weekly
- 144.69 CAD/week
- 7,524.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 708.51 CAD/month
- 327.00 CAD/bi-weekly
- 163.50 CAD/week
- 8,502.12 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:
1,072 CAD
compared to leasing a BRAND NEW:
- FORD EXPLORER XLT AWD
- for 48 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 639 |
|---|---|
| This Contract (CAD/month) | 627 |
| Monthly Difference | 12 CAD/month |
| Remaining Term | x 6 months |
| Total Monthly Difference | = 72 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| Total Savings (CAD) | = 1,072 |
| ** "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:
4,362 CAD
- Total Vehicle Debt: 40,093 CAD
- Paid so Far: 34,731 CAD (86% Paid)
- Remaining Lease Payments: 3,762 CAD
- Residual Value: 1,600 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 34,731 CAD Total Vehicle Value: 40,093 CAD
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 3,762 CAD
Term Paid so Far: 33,231 CAD Residual Value: 1,600 CAD
Cost to Own
Already Paid: 34,731 CAD (86%)
Cash Incentive: 1,000 CAD Buyout Price Today: 4,362 CAD
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: 4,362 CAD
- 4.9%Interest Rate x 48 months
- 100 CAD/month + tax
- Total Payable: 4,812 CAD
- Total Interest: 450 CAD
- 8.9%Interest Rate x 48 months
- 108 CAD/month + tax
- Total Payable: 5,200 CAD
- Total Interest: 838 CAD
- 14.9%Interest Rate x 48 months
- 121 CAD/month + tax
- Total Payable: 5,816 CAD
- Total Interest: 1,454 CAD
At the end of the Lease Contract
Residual Value: 1,600 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 37 CAD/month + tax
- Total Payable: 1,765 CAD
- Total Interest: 165 CAD
- 8.9%Interest Rate x 48 months
- 40 CAD/month + tax
- Total Payable: 1,908 CAD
- Total Interest: 308 CAD
- 14.9%Interest Rate x 48 months
- 44 CAD/month + tax
- Total Payable: 2,134 CAD
- Total Interest: 534 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)
3.69
- + tax
- + fuel
- + insurance
- 5.03CAD/100km (TODAY without the Cash Incentive)
- 37.62CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
15.13
- + tax
- + insurance
- + km driven & fuel
- 20.61CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
2,878.78
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2020)
Seller Contact Info
This Contract was Already Transferred.
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