This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 2,000 cash
SAVE ~3,400 CAD
CAD/month x 7 months
Transferred/Sold
2021 Hyundai Elantra Preferred (ID: #27399)
316
Oshawa, ON
2021 Hyundai
Elantra Preferred Automatic 2WD w/ 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
Payment Analysis
316.16CAD/monthin Oshawa, ON
- 316.16 CAD/month
- 145.92 CAD/bi-weekly
- 72.96 CAD/week
- 3,793.92 CAD/year
Before Taxes:
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
| 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
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,213 CAD
Term Paid so Far: 16,756 CAD Residual Value: 8,433 CAD
Cost to Own
Already Paid: 16,756 CAD (61%)
Cash Incentive: 2,000 CAD Buyout Price Today: 8,646 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: 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
- 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
- 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
- 384.62km/week (Contract Original back in Nov, 2020)
Seller Contact Info
This Contract was Already Transferred.
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