Payment Analysis
794.00CAD/monthin Oshawa, ON
- 794.00 CAD/month
- 366.46 CAD/bi-weekly
- 183.23 CAD/week
- 9,528.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 897.22 CAD/month
- 414.10 CAD/bi-weekly
- 207.05 CAD/week
- 10,766.64 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:
881 ~ 1,281 CAD
compared to leasing a BRAND NEW:
- Ford Explorer XLT
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 797 |
---|---|
This Contract (CAD/month) | 794 |
Monthly Difference | 3 CAD/month |
Remaining Term | x 27 months |
Total Monthly Difference | = 81 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 881 ~ 1,281 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
25,938 CAD
- Total Vehicle Debt: 47,612 CAD
- Paid so Far: 21,674 CAD (45% Paid)
- Remaining Lease Payments: 21,438 CAD
- Residual Value: 4,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,674 CAD Total Vehicle Value: 47,612 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 21,438 CAD
Term Paid so Far: 16,674 CAD Residual Value: 4,500 CAD
Cost to Own
Already Paid: 21,674 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 25,938 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: 25,938 CAD
- 4.9%Interest Rate x 48 months
- 596 CAD/month + tax
- Total Payable: 28,616 CAD
- Total Interest: 2,678 CAD
- 8.9%Interest Rate x 48 months
- 644 CAD/month + tax
- Total Payable: 30,923 CAD
- Total Interest: 4,985 CAD
- 14.9%Interest Rate x 48 months
- 721 CAD/month + tax
- Total Payable: 34,587 CAD
- Total Interest: 8,649 CAD
At the end of the Lease Contract
Residual Value: 4,500 CAD (in 27 months)
- 4.9%Interest Rate x 48 months
- 103 CAD/month + tax
- Total Payable: 4,965 CAD
- Total Interest: 465 CAD
- 8.9%Interest Rate x 48 months
- 112 CAD/month + tax
- Total Payable: 5,365 CAD
- Total Interest: 865 CAD
- 14.9%Interest Rate x 48 months
- 125 CAD/month + tax
- Total Payable: 6,000 CAD
- Total Interest: 1,500 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)
32.00
- + tax
- + fuel
- + insurance
- 47.64CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
26.10
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
572.65
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2018)
Similar Listings in Toronto
+ 3,000 cash
2022 BMW
Alpina XB7 Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 3,083 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 2,483 CAD/month + tax
- Original Downpayment: 3,416 CAD
- Months to End: 5 months (Apr, 2025)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 19,300 km total
- Available Now: 37,680 km/year (3,140 per month)
- Please note that this contract ends in less than a year.
Deal Special Perks
+ 1,500 cash
2022 Mercedes-Benz
GLC 43 AMG Automatique AWD Premium Package, AMG Package, Technology Package, Intelligent Drive Package
Payment Details
- Current Payment: 1,031 CAD/month + tax
- Cash Incentive: 1,500 CAD
- Payment After Incentive: 971 CAD/month + tax
- Original Downpayment: 12,983 CAD
- Residual Value: 39,797 CAD
- Months to End: 25 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 37,000 km total
- Available Now: 17,440 km/year (1,453 per month)
- Excess Km Cost: 0.30 CAD/km
Deal Special Perks
+ 2,000 cash
2023 Nissan
Rogue SV Automatique AWD Moonroof, Navigation, Android Auto/Apple Carplay, Sirius XM
Payment Details
- Current Payment: 494 CAD/month + tax
- Required Payment: 2,000 CAD
- Payment Including Incentive: 2,494 CAD/month + tax
- Original Downpayment: 2,168 CAD
- Residual Value: 28,748 CAD
- Months to End: 1 months (Dec, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 35,000 km total
- Available Now: 60,000 km/year (5,000 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.10 CAD/km
+ 4,000 cash
SAVE ~18,300 CAD
2022 BMW
X5 M50 Automatique AWD Premium Package, Technology Package
Payment Details
- Current Payment: 1,837 CAD/month + tax
- Cash Incentive: 4,000 CAD
- Payment After Incentive: 1,570 CAD/month + tax
- Residual Value: 45,448 CAD
- Months to End: 15 months (Feb, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 35,000 km total
- Available Now: 36,000 km/year (3,000 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
SAVE ~3,400 CAD
2022 Nissan
Rouge Platinum Automatique AWD Tricare Hazard Protect
Payment Details
- Current Payment: 745 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 16,707 CAD
- Months to End: 32 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 30,125 km/year (2,510 per month)
Deal Special Perks
+ 30,000 cash
SAVE ~-12,600 CAD
2022 Acura
MDX SH-AWD Platinum Elite Automatique AWD Acura 20” Wheel Glint Black Rims
Payment Details
- Current Payment: 478 CAD/month + tax
- Required Payment: 30,000 CAD
- Payment Including Incentive: 2,243 CAD/month + tax
- Original Downpayment: 32,000 CAD
- Residual Value: 18,720 CAD
- Months to End: 17 months (May, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 24,644 km total
- Available Now: 50,369 km/year (4,197 per month)