Payment Analysis
725.62CAD/monthin Maple, ON
- 725.62 CAD/month
- 334.90 CAD/bi-weekly
- 167.45 CAD/week
- 8,707.44 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 819.95 CAD/month
- 378.44 CAD/bi-weekly
- 189.22 CAD/week
- 9,839.41 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:
24,180 ~ 25,080 CAD
compared to leasing a BRAND NEW:
- LINCOLN MKZ RESERVE HYBRID, 2.0L Hybrid Engine, Continuously Variable Powersplit Transmission
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 1,120 |
|---|---|
| This Contract (CAD/month) | 726 |
| Monthly Difference | 395 CAD/month |
| Remaining Term | x 44 months |
| Total Monthly Difference | = 17,380 CAD |
| + Cash Incentive** (CAD) | + 6,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 24,180 ~ 25,080 |
| ** "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:
47,184 CAD
- Total Vehicle Debt: 57,216 CAD
- Paid so Far: 4,032 CAD (7% Paid)
- Remaining Lease Payments: 31,927 CAD
- Residual Value: 21,257 CAD
- Cash Incentive: 6,000 CAD
Vehicle Debt & Value
Paid so far: 4,032 CAD Total Vehicle Value: 57,216 CAD
Vehicle Debt Breakdown
Downpayment: 1,130 CAD Remaining Term: 31,927 CAD
Term Paid so Far: 2,902 CAD Residual Value: 21,257 CAD
Cost to Own
Already Paid: 4,032 CAD (7%)
Cash Incentive: 6,000 CAD Buyout Price Today: 47,184 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: 47,184 CAD
- 4.9%Interest Rate x 48 months
- 1,084 CAD/month + tax
- Total Payable: 52,055 CAD
- Total Interest: 4,871 CAD
- 8.9%Interest Rate x 48 months
- 1,172 CAD/month + tax
- Total Payable: 56,253 CAD
- Total Interest: 9,069 CAD
- 14.9%Interest Rate x 48 months
- 1,311 CAD/month + tax
- Total Payable: 62,917 CAD
- Total Interest: 15,733 CAD
At the end of the Lease Contract
Residual Value: 21,257 CAD (in 44 months)
- 4.9%Interest Rate x 48 months
- 489 CAD/month + tax
- Total Payable: 23,451 CAD
- Total Interest: 2,194 CAD
- 8.9%Interest Rate x 48 months
- 528 CAD/month + tax
- Total Payable: 25,342 CAD
- Total Interest: 4,086 CAD
- 14.9%Interest Rate x 48 months
- 591 CAD/month + tax
- Total Payable: 28,344 CAD
- Total Interest: 7,088 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)
35.91
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
19.37
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
378.67
- km/week
- without any
- additional costs
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