Payment Analysis

831.20CAD/monthin Nanaimo-Parksville, BC
    Before Taxes:
  • 831.20 CAD/month
  • 383.63 CAD/bi-weekly
  • 191.82 CAD/week
  • 9,974.40 CAD/year
Incl. B.C. Taxes (12%):
  • 930.94 CAD/month
  • 429.67 CAD/bi-weekly
  • 214.83 CAD/week
  • 11,171.33 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: 3,022 CAD

compared to leasing a BRAND NEW:

  • 2022 Ford F-150® XLT SuperCrew®, 5.5' Box, 3.3L + XLT HIGH Equipment Group ($6,040)
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 977
This Contract (CAD/month) 831
Monthly Difference 146 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 1,022 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 3,022
** "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: 35,418 CAD
  • Total Vehicle Debt: 73,498 CAD
  • Paid so Far: 36,079 CAD (49% Paid)
  • Remaining Lease Payments: 5,818 CAD
  • Residual Value: 31,600 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 36,079 CAD Total Vehicle Value: 73,498 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 5,818 CAD
Term Paid so Far: 34,079 CAD Residual Value: 31,600 CAD
2%
47%
7%
44%
Cost to Own
Already Paid: 36,079 CAD (49%)
Cash Incentive: 2,000 CAD Buyout Price Today: 35,418 CAD
49% Paid
2%
49%
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: 35,418 CAD

  • 4.9%Interest Rate x 48 months
  • 814 CAD/month + tax
  • Total Payable: 39,075 CAD
  • Total Interest: 3,656 CAD
  • 8.9%Interest Rate x 48 months
  • 880 CAD/month + tax
  • Total Payable: 42,226 CAD
  • Total Interest: 6,808 CAD
  • 14.9%Interest Rate x 48 months
  • 984 CAD/month + tax
  • Total Payable: 47,228 CAD
  • Total Interest: 11,810 CAD

At the end of the Lease Contract

Residual Value: 31,600 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 726 CAD/month + tax
  • Total Payable: 34,862 CAD
  • Total Interest: 3,262 CAD
  • 8.9%Interest Rate x 48 months
  • 785 CAD/month + tax
  • Total Payable: 37,674 CAD
  • Total Interest: 6,074 CAD
  • 14.9%Interest Rate x 48 months
  • 878 CAD/month + tax
  • Total Payable: 42,137 CAD
  • Total Interest: 10,537 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)
4.85
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 7.39CAD/100km (TODAY without the Cash Incentive)
  • 39.90CAD/100km (Original Contract back in Dec, 2021)
Time Analysis
Cost per day: (CAD)
17.93
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 27.33CAD/day (Original Contract back in Dec, 2021)
Remaining Km
Can be driven up to:
2,594.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 480.77km/week (Contract Original back in Dec, 2021)

Seller Contact Info

  • Name: Robert Harman
  • Location: Nanaimo-Parksville, BC
  • Date Contract Started:
  • Date Contract Ends:

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For more details about this contract, please contact the seller.

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