Payment Analysis
296.00CAD/monthin Toronto, ON
- 296.00 CAD/month
- 136.62 CAD/bi-weekly
- 68.31 CAD/week
- 3,552.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 334.48 CAD/month
- 154.38 CAD/bi-weekly
- 77.19 CAD/week
- 4,013.76 CAD/year
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:
3,074 ~ 4,374 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra GLS Automatic 2WD
- for 33 months
- in Ontario
- $0 down payment
- 28,000 km/year
Leasing New (CAD/month) | 363 |
---|---|
This Contract (CAD/month) | 296 |
Monthly Difference | 67 CAD/month |
Remaining Term | x 22 months |
Total Monthly Difference | = 1,474 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,074 ~ 4,374 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
14,044 CAD
- Total Vehicle Debt: 24,996 CAD
- Paid so Far: 10,952 CAD (43% Paid)
- Remaining Lease Payments: 6,512 CAD
- Residual Value: 7,532 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,952 CAD Total Vehicle Value: 24,996 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,512 CAD
Term Paid so Far: 10,952 CAD Residual Value: 7,532 CAD
Cost to Own
Already Paid: 10,952 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 14,044 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: 14,044 CAD
- 4.9%Interest Rate x 48 months
- 323 CAD/month + tax
- Total Payable: 15,494 CAD
- Total Interest: 1,450 CAD
- 8.9%Interest Rate x 48 months
- 349 CAD/month + tax
- Total Payable: 16,744 CAD
- Total Interest: 2,699 CAD
- 14.9%Interest Rate x 48 months
- 390 CAD/month + tax
- Total Payable: 18,727 CAD
- Total Interest: 4,683 CAD
At the end of the Lease Contract
Residual Value: 7,532 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 173 CAD/month + tax
- Total Payable: 8,310 CAD
- Total Interest: 778 CAD
- 8.9%Interest Rate x 48 months
- 187 CAD/month + tax
- Total Payable: 8,980 CAD
- Total Interest: 1,448 CAD
- 14.9%Interest Rate x 48 months
- 209 CAD/month + tax
- Total Payable: 10,044 CAD
- Total Interest: 2,512 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)
9.82
- + tax
- + fuel
- + insurance
- 17.76CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
9.73
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
695.80
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2018)
Seller Contact Info
This Contract was Already Transferred.
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