“Fusion's lease payment is $444 incl. tax
Camry's lease payment is $412 incl. Tax” – Cord
Thank you for the information. Very interesting.
To many Canadians leasing a car is like making a payment for apartment rent. It’s their cash flow that’s concerns them most. So, by combining the lease payment and gas payment they calculate the monthly cost of commuting. The question is not the long-term economy such as we often discuss how soon we can recoup the hybrid premium by the saving made with lower consumption of gas. Therefore, in the above case, if Fusion consumes less fuel in a given mileage a month it may look better especially when the gas price is high. (Although this is unlikely since the difference in fuel consumption betwee them is small and gas is still below $1/litre)
This argument can be applied to the comparison between a hybrid and a regular car. Even if the monthly lease payment for a hybrid is higher if overall commuting cost comes to about the same, I think many people will choose a hybrid because of its greener image.
Thank you for the information. Very interesting.If it was correct
2009 Fusion SE 2.3 I4 in auto ...... LEASE: $423.00 per mth includes AC tax and Freight only
13.19% interest rate 48 mths
http://www.ford.ca/app/fo/index.do2009 Camry LE 2.4 I4 in auto ...... LEASE: $364.00 per mth includes AC tax and Freight only
3.9 % 48 mths.
http://www.toyota.caYa, I boobed on the Freight and AC tax for the Fusion
, Ford includes it, but excludes sales tax. Toyota bundles Freight, AC tax and all sales taxes together and since quoting sales tax is useless I omitted it and did not compensate for the additional Freight and AC tax. There is also the fuel guzzler tax, but again that is province specific.
More truth:
Fusion's 60 month finance payment is $422 including everything.
Camry's 60 month finance payment is $517 including everything.
Worthless number on the Ford without a link. Why post "including everything" when all provinces have different tax rates.
Camry 60 mth finance is ... $463.00 AC tax and Freight in (no sales taxes) @ 3.9%
Paying cash?
Fusion's price including tax is $20578.
Camry's price including tax is $28187.Again, without knowing what province and without knowing value of trades, which effects tax payable, please just stick to the retail price of the car.
Same Fusion as above .... $19,599. AC tax and Freight in.
http://www.ford.ca/app/fo/index.doSame Camry as above .... $26323. AC tax and Freight in
Difference = $6724.00 in favour of Fusion. This is not news and is a significant difference until it gets financed at a minimum of 8.5% and that brings us back to whatever we were arguing about
; Ford's inability to finance their stuff coherently and consistently. Essentially all vehicles are either leased or financed. The odd guy like Ovr walks in and plunks down 80 large, but those dudes don't buy Fusions or Camrys.