Payment Analysis
502.24CAD/monthin Montreal, QC
- 502.24 CAD/month
- 231.80 CAD/bi-weekly
- 115.90 CAD/week
- 6,026.88 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 577.48 CAD/month
- 266.53 CAD/bi-weekly
- 133.26 CAD/week
- 6,929.71 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:
5,660 ~ 6,560 CAD
compared to leasing a BRAND NEW:
- Ford Edge Platinum
- for 36 months
- in Quebec
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 637 |
|---|---|
| This Contract (CAD/month) | 502 |
| Monthly Difference | 135 CAD/month |
| Remaining Term | x 36 months |
| Total Monthly Difference | = 4,860 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,660 ~ 6,560 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
34,248 CAD
- Total Vehicle Debt: 45,297 CAD
- Paid so Far: 11,049 CAD (24% Paid)
- Remaining Lease Payments: 18,081 CAD
- Residual Value: 16,167 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,049 CAD Total Vehicle Value: 45,297 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,081 CAD
Term Paid so Far: 11,049 CAD Residual Value: 16,167 CAD
Cost to Own
Already Paid: 11,049 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 34,248 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: 34,248 CAD
- 4.9%Interest Rate x 48 months
- 787 CAD/month + tax
- Total Payable: 37,783 CAD
- Total Interest: 3,535 CAD
- 8.9%Interest Rate x 48 months
- 851 CAD/month + tax
- Total Payable: 40,830 CAD
- Total Interest: 6,583 CAD
- 14.9%Interest Rate x 48 months
- 951 CAD/month + tax
- Total Payable: 45,667 CAD
- Total Interest: 11,420 CAD
At the end of the Lease Contract
Residual Value: 16,167 CAD (in 36 months)
- 4.9%Interest Rate x 48 months
- 372 CAD/month + tax
- Total Payable: 17,836 CAD
- Total Interest: 1,669 CAD
- 8.9%Interest Rate x 48 months
- 402 CAD/month + tax
- Total Payable: 19,274 CAD
- Total Interest: 3,107 CAD
- 14.9%Interest Rate x 48 months
- 449 CAD/month + tax
- Total Payable: 21,558 CAD
- Total Interest: 5,391 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)
30.94
- + tax
- + fuel
- + insurance
- 37.67CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
16.51
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
374.57
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jul, 2017)
Similar Listings in Montreal
+ 1,200 cash
2024 Mazda
CX-50 GT 2.5T Automatique AWD
Payment Details
- Current Payment: 647 CAD/month + tax
- Cash Incentive: 1,200 CAD
- Payment After Incentive: 601 CAD/month + tax
- Residual Value: 29,607 CAD
- Months to End: 26 months (Sep, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 8,362 km total
- Available Now: 18,294 km/year (1,525 per month)
- Excess Km Cost: 0.08 CAD/km
Deal Special Perks
+ 3,000 cash
2023 Tesla
Model Y Automatique AWD Long Range All-Wheel Drive
Payment Details
- Current Payment: 1,023 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 865 CAD/month + tax
- Months to End: 19 months (Mar, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 40,000 km total
- Available Now: 25,263 km/year (2,105 per month)
- Excess Km Cost: 0.15 CAD/km
+ 6,000 cash
2023 BMW
iX Xdrive50 CVT AWD
Payment Details
- Current Payment: 1,500 CAD/month + tax
- Cash Incentive: 6,000 CAD
- Payment After Incentive: 1,166 CAD/month + tax
- Original Downpayment: 6,150 CAD
- Residual Value: 51,350 CAD
- Months to End: 18 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 12,850 km total
- Available Now: 34,767 km/year (2,897 per month)
- Excess Km Cost: 0.25 CAD/km
SAVE ~1,300 CAD
2023 Jeep
Grand Cherokee L Summit Reserve 4x4 Automatique AWD Black accessories (Logo, door handle...)
Payment Details
- Current Payment: 1,200 CAD/month + tax
- Residual Value: 50,432 CAD
- Months to End: 25 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 18,000 km/year
- Current Odometer: 22,000 km total
- Available Now: 24,000 km/year (2,000 per month)
- Excess Km Cost: 0.10 CAD/km
Deal Special Perks
+ 3,000 cash
2023 Nissan
Evolve eforce Automatique AWD
Payment Details
- Current Payment: 796 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 653 CAD/month + tax
- Original Downpayment: 10,437 CAD
- Residual Value: 29,177 CAD
- Months to End: 21 months (May, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 41,500 km total
- Available Now: 22,000 km/year (1,833 per month)
- Excess Km Cost: 0.08 CAD/km
2023 Porsche
MACAN GTS Automatique AWD Python Green
Payment Details
- Current Payment: 2,200 CAD/month + tax
- Residual Value: 70,000 CAD
- Months to End: 9 months (Apr, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 8,300 km total
- Available Now: 40,044 km/year (3,337 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 1.00 CAD/km
