Payment Analysis

946.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 946.00 CAD/month
  • 436.62 CAD/bi-weekly
  • 218.31 CAD/week
  • 11,352.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,059.52 CAD/month
  • 489.01 CAD/bi-weekly
  • 244.50 CAD/week
  • 12,714.24 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: -2,822 CAD

compared to leasing a BRAND NEW:

  • FORD Mustang Mach 1 Premium AWD
  • for 48 months
  • in BC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,188
This Contract (CAD/month) 946
Monthly Difference 242 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 2,178 CAD
- Required Payment** (CAD) - 5,000
Total Savings (CAD) = -2,822
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 37,726 CAD
  • Total Vehicle Debt: 70,174 CAD
  • Paid so Far: 37,448 CAD (53% Paid)
  • Remaining Lease Payments: 8,514 CAD
  • Residual Value: 24,212 CAD
  • Required Payment: 5,000 CAD
Vehicle Debt & Value
Paid so far: 37,448 CAD Total Vehicle Value: 70,174 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 8,514 CAD
Term Paid so Far: 35,948 CAD Residual Value: 24,212 CAD
2%
51%
12%
35%
Cost to Own
Already Paid: 37,448 CAD (53%)
Required Payment: 5,000 CAD (7%)Buyout Price Today: 37,726 CAD
46% Paid
7%
47%
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: 37,726 CAD

  • 4.9%Interest Rate x 48 months
  • 867 CAD/month + tax
  • Total Payable: 41,621 CAD
  • Total Interest: 3,895 CAD
  • 8.9%Interest Rate x 48 months
  • 937 CAD/month + tax
  • Total Payable: 44,977 CAD
  • Total Interest: 7,251 CAD
  • 14.9%Interest Rate x 48 months
  • 1,048 CAD/month + tax
  • Total Payable: 50,306 CAD
  • Total Interest: 12,580 CAD

At the end of the Lease Contract

Residual Value: 24,212 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,711 CAD
  • Total Interest: 2,499 CAD
  • 8.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,866 CAD
  • Total Interest: 4,654 CAD
  • 14.9%Interest Rate x 48 months
  • 673 CAD/month + tax
  • Total Payable: 32,285 CAD
  • Total Interest: 8,073 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)
19.39
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 12.21CAD/100km (TODAY without the Cash Incentive)
  • 56.76CAD/100km (Original Contract back in Nov, 2021)
Time Analysis
Cost per day: (CAD)
49.37
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 31.10CAD/day (Original Contract back in Nov, 2021)
Remaining Km
Can be driven up to:
1,787.39
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Nov, 2021)

Seller Contact Info

This Contract was Already Transferred.

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