This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 2,000 cash
Hyundai Lease Takeover in Oshawa: 2021 Hyundai Elantra Preferred Manual 2WD ID:#27399
SAVE ~3,400 CAD
CAD/month x 7 months
2021 Hyundai Elantra Preferred (ID: #27399)
316
Oshawa, ONCarFax Canada Accident Report
2021 Hyundai

Elantra Preferred Automatic 2WD w/ Warranty Complete Term + Wear & Tear Coverage

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 316 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 30 CAD/month + tax
  • Residual Value: 8,433 CAD
  • Months to End: 7 months (Nov, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,000 km total
  • Available Now: 147,429 km/year (12,286 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

316.16CAD/monthin Oshawa, ON
    Before Taxes:
  • 316.16 CAD/month
  • 145.92 CAD/bi-weekly
  • 72.96 CAD/week
  • 3,793.92 CAD/year
Incl. Ontario Taxes (13%):
  • 357.26 CAD/month
  • 164.89 CAD/bi-weekly
  • 82.44 CAD/week
  • 4,287.13 CAD/year

Estimate Insurance Costs

 

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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: 2,989 ~ 3,889 CAD

compared to leasing a BRAND NEW:

  • Hyundai Elantra Preferred Manual 2WD
  • for 39 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 343
This Contract (CAD/month) 316
Monthly Difference 27 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 189 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,989 ~ 3,889
** "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: 8,646 CAD
  • Total Vehicle Debt: 27,403 CAD
  • Paid so Far: 16,756 CAD (61% Paid)
  • Remaining Lease Payments: 2,213 CAD
  • Residual Value: 8,433 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 16,756 CAD Total Vehicle Value: 27,403 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,213 CAD
Term Paid so Far: 16,756 CAD Residual Value: 8,433 CAD
0%
61%
8%
31%
Cost to Own
Already Paid: 16,756 CAD (61%)
Cash Incentive: 2,000 CAD Buyout Price Today: 8,646 CAD
61% Paid
7%
32%
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: 8,646 CAD

  • 4.9%Interest Rate x 48 months
  • 199 CAD/month + tax
  • Total Payable: 9,539 CAD
  • Total Interest: 893 CAD
  • 8.9%Interest Rate x 48 months
  • 215 CAD/month + tax
  • Total Payable: 10,308 CAD
  • Total Interest: 1,662 CAD
  • 14.9%Interest Rate x 48 months
  • 240 CAD/month + tax
  • Total Payable: 11,530 CAD
  • Total Interest: 2,883 CAD

At the end of the Lease Contract

Residual Value: 8,433 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 194 CAD/month + tax
  • Total Payable: 9,304 CAD
  • Total Interest: 871 CAD
  • 8.9%Interest Rate x 48 months
  • 209 CAD/month + tax
  • Total Payable: 10,054 CAD
  • Total Interest: 1,621 CAD
  • 14.9%Interest Rate x 48 months
  • 234 CAD/month + tax
  • Total Payable: 11,245 CAD
  • Total Interest: 2,812 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)
0.25
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 2.57CAD/100km (TODAY without the Cash Incentive)
  • 18.97CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
1.00
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 10.39CAD/day (Original Contract back in Nov, 2020)
Remaining Km
Can be driven up to:
2,835.16
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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