Payment Analysis

502.24CAD/monthin Montreal, QC
    Before Taxes:
  • 502.24 CAD/month
  • 231.80 CAD/bi-weekly
  • 115.90 CAD/week
  • 6,026.88 CAD/year
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: 6,335 ~ 7,235 CAD

compared to leasing a BRAND NEW:

  • Ford Edge Platinum
  • for 36 months
  • in Quebec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 637
This Contract (CAD/month) 502
Monthly Difference 135 CAD/month
Remaining Term x 41 months
Total Monthly Difference = 5,535 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,335 ~ 7,235

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,759 CAD
  • Total Vehicle Debt: 45,297 CAD
  • Paid so Far: 8,538 CAD (18% Paid)
  • Remaining Lease Payments: 20,592 CAD
  • Residual Value: 16,167 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,538 CAD Total Vehicle Value: 45,297 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,592 CAD
Term Paid so Far: 8,538 CAD Residual Value: 16,167 CAD
0%
18%
45%
37%
Cost to Own
Already Paid: 8,538 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 36,759 CAD
18% Paid
0%
82%
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: 36,759 CAD

  • 4.9%Interest Rate x 48 months
  • 845 CAD/month + tax
  • Total Payable: 40,554 CAD
  • Total Interest: 3,795 CAD
  • 8.9%Interest Rate x 48 months
  • 913 CAD/month + tax
  • Total Payable: 43,824 CAD
  • Total Interest: 7,065 CAD
  • 14.9%Interest Rate x 48 months
  • 1,021 CAD/month + tax
  • Total Payable: 49,016 CAD
  • Total Interest: 12,257 CAD

At the end of the Lease Contract

Residual Value: 16,167 CAD (in 41 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)
35.24
  • + tax
  • + fuel
  • + insurance
(or 0.35CAD per km)
  • 37.67CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
16.51
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
328.89
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Jul, 2017)

Similar Listings in Montreal

+ 6,000 cash
CAD/month x 13 months
2023 BMW iX Xdrive50 (ID: #59145)
1,500
Montreal
2023 BMW

iX Xdrive50 CVT AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 1,500 CAD/month + tax
  • Cash Incentive: 6,000 CAD
  • Payment After Incentive: 1,038 CAD/month + tax
  • Original Downpayment: 6,150 CAD
  • Residual Value: 51,350 CAD
  • Months to End: 13 months (Jan, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 12,850 km total
  • Available Now: 48,138 km/year (4,012 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
SAVE ~1,500 CAD
CAD/month x 20 months
2023 Jeep Grand Cherokee L Summit Reserve 4x4 (ID: #52261)
1,200
Brossard, QC
2023 Jeep

Grand Cherokee L Summit Reserve 4x4 Automatique AWD Black accessories (Logo, door handle...)

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,200 CAD/month + tax
  • Residual Value: 50,432 CAD
  • Months to End: 20 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 22,000 km total
  • Available Now: 30,000 km/year (2,500 per month)
  • Excess Km Cost: 0.10 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 46 months
2024 Ford Mustang Mach-E (ID: #66432)
550
Laval
2024 Ford

Mustang Mach-E Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 550 CAD/month + tax
  • Months to End: 46 months (Oct, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 16,700 km total
  • Available Now: 21,730 km/year (1,811 per month)
See all Details
CAD/month x 29 months
2025 Nissan SL (ID: #65348)
528
Montreal
2025 Nissan

SL Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 528 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 27,700 CAD
  • Months to End: 29 months (Jun, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 700 km total
  • Available Now: 24,538 km/year (2,045 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 3,000 cash
CAD/month x 16 months
2023 Nissan Evolve eforce (ID: #61143)
796
Pincourt
2023 Nissan

Evolve eforce Automatique AWD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 796 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 608 CAD/month + tax
  • Original Downpayment: 10,437 CAD
  • Residual Value: 29,177 CAD
  • Months to End: 16 months (May, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 41,500 km total
  • Available Now: 28,875 km/year (2,406 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 4 months
2023 Porsche MACAN GTS (ID: #55087)
2,200
laval
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: 4 months (Apr, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 8,300 km total
  • Available Now: 90,100 km/year (7,508 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 1.00 CAD/km
See all Details