This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer Hyundai Lease Takeover in Toronto, ON: 2020 Hyundai KONA Preferred Automatic 2WD
SAVE ~400 CAD
CAD/month x 16 months
2020 Hyundai KONA Preferred (ID: #18245)
325
Toronto, ON
2020 Hyundai

KONA Preferred Automatic 2WD w/ Remote starter

Payment Details
  • Current Payment: 325 CAD/month + tax
  • Residual Value: 11,684 CAD
  • Months to End: 16 months (Oct, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,400 km total
  • Available Now: 57,450 km/year (4,788 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

325.00CAD/monthin Toronto, ON
    Before Taxes:
  • 325.00 CAD/month
  • 150.00 CAD/bi-weekly
  • 75.00 CAD/week
  • 3,900.00 CAD/year
Incl. Ontario Taxes (13%):
  • 367.25 CAD/month
  • 169.50 CAD/bi-weekly
  • 84.75 CAD/week
  • 4,407.00 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: 448 CAD

compared to leasing a BRAND NEW:

  • KONA Preferred Automatic 2WD Remote starter
  • for 36 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 353
This Contract (CAD/month) 325
Monthly Difference 28 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 448 CAD
Total Savings (CAD) = 448

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,884 CAD
  • Total Vehicle Debt: 27,284 CAD
  • Paid so Far: 10,400 CAD (38% Paid)
  • Remaining Lease Payments: 5,200 CAD
  • Residual Value: 11,684 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,400 CAD Total Vehicle Value: 27,284 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,200 CAD
Term Paid so Far: 10,400 CAD Residual Value: 11,684 CAD
0%
38%
19%
43%
Cost to Own
Already Paid: 10,400 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 16,884 CAD
38% Paid
0%
62%
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: 16,884 CAD

  • 4.9%Interest Rate x 48 months
  • 388 CAD/month + tax
  • Total Payable: 18,627 CAD
  • Total Interest: 1,743 CAD
  • 8.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,129 CAD
  • Total Interest: 3,245 CAD
  • 14.9%Interest Rate x 48 months
  • 469 CAD/month + tax
  • Total Payable: 22,513 CAD
  • Total Interest: 5,630 CAD

At the end of the Lease Contract

Residual Value: 11,684 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,890 CAD
  • Total Interest: 1,206 CAD
  • 8.9%Interest Rate x 48 months
  • 290 CAD/month + tax
  • Total Payable: 13,929 CAD
  • Total Interest: 2,246 CAD
  • 14.9%Interest Rate x 48 months
  • 325 CAD/month + tax
  • Total Payable: 15,580 CAD
  • Total Interest: 3,896 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)
6.79
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 19.50CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
10.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,104.81
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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