Payment Analysis
295.75CAD/monthin Toronto, ON
- 295.75 CAD/month
- 136.50 CAD/bi-weekly
- 68.25 CAD/week
- 3,549.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 334.20 CAD/month
- 154.25 CAD/bi-weekly
- 77.12 CAD/week
- 4,010.37 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:
1,320 CAD
compared to leasing a BRAND NEW:
- KIA Forte LX Automatic
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 361 |
---|---|
This Contract (CAD/month) | 296 |
Monthly Difference | 66 CAD/month |
Remaining Term | x 20 months |
Total Monthly Difference | = 1,320 CAD |
Total Savings (CAD) | = 1,320 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
13,037 CAD
- Total Vehicle Debt: 26,667 CAD
- Paid so Far: 13,630 CAD (51% Paid)
- Remaining Lease Payments: 5,915 CAD
- Residual Value: 7,122 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,630 CAD Total Vehicle Value: 26,667 CAD
Vehicle Debt Breakdown
Downpayment: 1,800 CAD Remaining Term: 5,915 CAD
Term Paid so Far: 11,830 CAD Residual Value: 7,122 CAD
Cost to Own
Already Paid: 13,630 CAD (51%)
Cash Incentive: 0 CAD Buyout Price Today: 13,037 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: 13,037 CAD
- 4.9%Interest Rate x 48 months
- 300 CAD/month + tax
- Total Payable: 14,382 CAD
- Total Interest: 1,346 CAD
- 8.9%Interest Rate x 48 months
- 324 CAD/month + tax
- Total Payable: 15,542 CAD
- Total Interest: 2,506 CAD
- 14.9%Interest Rate x 48 months
- 362 CAD/month + tax
- Total Payable: 17,384 CAD
- Total Interest: 4,347 CAD
At the end of the Lease Contract
Residual Value: 7,122 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 164 CAD/month + tax
- Total Payable: 7,857 CAD
- Total Interest: 735 CAD
- 8.9%Interest Rate x 48 months
- 177 CAD/month + tax
- Total Payable: 8,490 CAD
- Total Interest: 1,369 CAD
- 14.9%Interest Rate x 48 months
- 198 CAD/month + tax
- Total Payable: 9,496 CAD
- Total Interest: 2,375 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)
8.45
- + tax
- + fuel
- + insurance
- 22.18CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
9.72
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
807.69
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Mar, 2018)
Seller Contact Info
This Contract was Already Transferred.
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