Payment Analysis
238.61CAD/monthin Toronto, ON
- 238.61 CAD/month
- 110.13 CAD/bi-weekly
- 55.06 CAD/week
- 2,863.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 269.63 CAD/month
- 124.44 CAD/bi-weekly
- 62.22 CAD/week
- 3,235.55 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:
10,371 CAD
compared to leasing a BRAND NEW:
- Hyundai ELANTRA Luxury
- for 24 months
- in Ontario
- $0 down payment
- 36,000 km/year
| Leasing New (CAD/month) | 587 |
|---|---|
| This Contract (CAD/month) | 239 |
| Monthly Difference | 349 CAD/month |
| Remaining Term | x 29 months |
| Total Monthly Difference | = 10,121 CAD |
| + Cash Incentive** (CAD) | + 250 |
| Total Savings (CAD) | = 10,371 |
| ** "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:
16,417 CAD
- Total Vehicle Debt: 22,076 CAD
- Paid so Far: 5,408 CAD (24% Paid)
- Remaining Lease Payments: 6,920 CAD
- Residual Value: 9,748 CAD
- Cash Incentive: 250 CAD
Vehicle Debt & Value
Paid so far: 5,408 CAD Total Vehicle Value: 22,076 CAD
Vehicle Debt Breakdown
Downpayment: 875 CAD Remaining Term: 6,920 CAD
Term Paid so Far: 4,534 CAD Residual Value: 9,748 CAD
Cost to Own
Already Paid: 5,408 CAD (24%)
Cash Incentive: 250 CAD Buyout Price Today: 16,417 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: 16,417 CAD
- 4.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,112 CAD
- Total Interest: 1,695 CAD
- 8.9%Interest Rate x 48 months
- 408 CAD/month + tax
- Total Payable: 19,573 CAD
- Total Interest: 3,156 CAD
- 14.9%Interest Rate x 48 months
- 456 CAD/month + tax
- Total Payable: 21,892 CAD
- Total Interest: 5,474 CAD
At the end of the Lease Contract
Residual Value: 9,748 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 224 CAD/month + tax
- Total Payable: 10,754 CAD
- Total Interest: 1,006 CAD
- 8.9%Interest Rate x 48 months
- 242 CAD/month + tax
- Total Payable: 11,621 CAD
- Total Interest: 1,874 CAD
- 14.9%Interest Rate x 48 months
- 271 CAD/month + tax
- Total Payable: 12,998 CAD
- Total Interest: 3,250 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)
10.43
- + tax
- + fuel
- + insurance
- 10.82CAD/100km (TODAY without the Cash Incentive)
- 17.90CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
7.56
- + tax
- + insurance
- + km driven & fuel
- 7.84CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
509.08
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jun, 2018)
Seller Contact Info
This Contract was Already Transferred.
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