This Vehicle is Sold


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Vehicle Photos

Transfer Details

ease Transfer KIA Lease Takeover in Winnipeg, MB: 2020 KIA Forte GT Automatic 2WD
SAVE ~1,600 CAD
CAD/month x 16 months
2020 KIA Forte GT (ID: #13868)
446
Winnipeg, MB
2020 KIA

Forte GT Automatic 2WD

  • Winter Tires Included
Payment Details
  • Current Payment: 446 CAD/month + tax
  • Residual Value: 12,296 CAD
  • Months to End: 16 months (Oct, 2023)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 13,640 km total
  • Available Now: 61,770 km/year (5,148 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

446.00CAD/monthin Winnipeg, MB
    Before Taxes:
  • 446.00 CAD/month
  • 205.85 CAD/bi-weekly
  • 102.92 CAD/week
  • 5,352.00 CAD/year
Incl. Manitoba Taxes (13%):
  • 503.98 CAD/month
  • 232.61 CAD/bi-weekly
  • 116.30 CAD/week
  • 6,047.76 CAD/year

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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: 1,408 ~ 1,808 CAD

compared to leasing a BRAND NEW:

  • Forte GT Automatic 2WD
  • for 36 months
  • in MB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 484
This Contract (CAD/month) 446
Monthly Difference 38 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 608 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,408 ~ 1,808

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,432 CAD
  • Total Vehicle Debt: 33,704 CAD
  • Paid so Far: 14,272 CAD (42% Paid)
  • Remaining Lease Payments: 7,136 CAD
  • Residual Value: 12,296 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,272 CAD Total Vehicle Value: 33,704 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,136 CAD
Term Paid so Far: 14,272 CAD Residual Value: 12,296 CAD
0%
42%
21%
37%
Cost to Own
Already Paid: 14,272 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 19,432 CAD
42% Paid
0%
58%
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: 19,432 CAD

  • 4.9%Interest Rate x 48 months
  • 447 CAD/month + tax
  • Total Payable: 21,438 CAD
  • Total Interest: 2,006 CAD
  • 8.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,167 CAD
  • Total Interest: 3,735 CAD
  • 14.9%Interest Rate x 48 months
  • 540 CAD/month + tax
  • Total Payable: 25,911 CAD
  • Total Interest: 6,479 CAD

At the end of the Lease Contract

Residual Value: 12,296 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 283 CAD/month + tax
  • Total Payable: 13,565 CAD
  • Total Interest: 1,269 CAD
  • 8.9%Interest Rate x 48 months
  • 305 CAD/month + tax
  • Total Payable: 14,659 CAD
  • Total Interest: 2,363 CAD
  • 14.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,396 CAD
  • Total Interest: 4,100 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)
8.66
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 22.30CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
14.66
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,187.88
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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