Payment Analysis

662.15CAD/monthin Surrey, BC
    Before Taxes:
  • 662.15 CAD/month
  • 305.61 CAD/bi-weekly
  • 152.80 CAD/week
  • 7,945.80 CAD/year
Incl. B.C. Taxes (12%):
  • 741.61 CAD/month
  • 342.28 CAD/bi-weekly
  • 171.14 CAD/week
  • 8,899.30 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: 260 CAD

compared to leasing a BRAND NEW:

  • FORD RANGER LARIAT AWD w/ Black Appearance + FX4
  • for 36 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 714
This Contract (CAD/month) 662
Monthly Difference 52 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 260 CAD
Total Savings (CAD) = 260

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,110 CAD
  • Total Vehicle Debt: 58,583 CAD
  • Paid so Far: 28,472 CAD (48% Paid)
  • Remaining Lease Payments: 3,311 CAD
  • Residual Value: 26,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,472 CAD Total Vehicle Value: 58,583 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,311 CAD
Term Paid so Far: 28,472 CAD Residual Value: 26,800 CAD
0%
48%
5%
47%
Cost to Own
Already Paid: 28,472 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 30,110 CAD
48% Paid
0%
52%
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: 30,110 CAD

  • 4.9%Interest Rate x 48 months
  • 692 CAD/month + tax
  • Total Payable: 33,219 CAD
  • Total Interest: 3,108 CAD
  • 8.9%Interest Rate x 48 months
  • 748 CAD/month + tax
  • Total Payable: 35,898 CAD
  • Total Interest: 5,787 CAD
  • 14.9%Interest Rate x 48 months
  • 836 CAD/month + tax
  • Total Payable: 40,150 CAD
  • Total Interest: 10,040 CAD

At the end of the Lease Contract

Residual Value: 26,800 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 616 CAD/month + tax
  • Total Payable: 29,566 CAD
  • Total Interest: 2,767 CAD
  • 8.9%Interest Rate x 48 months
  • 666 CAD/month + tax
  • Total Payable: 31,950 CAD
  • Total Interest: 5,151 CAD
  • 14.9%Interest Rate x 48 months
  • 744 CAD/month + tax
  • Total Payable: 35,736 CAD
  • Total Interest: 8,936 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)
4.39
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 39.73CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
21.77
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,484.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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