Payment Analysis
563.06CAD/monthin Toronto, ON
- 563.06 CAD/month
- 259.87 CAD/bi-weekly
- 129.94 CAD/week
- 6,756.72 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 636.26 CAD/month
- 293.66 CAD/bi-weekly
- 146.83 CAD/week
- 7,635.09 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:
1,340 ~ 2,240 CAD
compared to leasing a BRAND NEW:
- KIA Stinger GT 2020
- for 60 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 590 |
|---|---|
| This Contract (CAD/month) | 563 |
| Monthly Difference | 27 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 540 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,340 ~ 2,240 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
60,755 CAD
- Total Vehicle Debt: 101,227 CAD
- Paid so Far: 40,473 CAD (39% Paid)
- Remaining Lease Payments: 11,261 CAD
- Residual Value: 49,493 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 40,473 CAD Total Vehicle Value: 101,227 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 11,261 CAD
Term Paid so Far: 35,473 CAD Residual Value: 49,493 CAD
Cost to Own
Already Paid: 40,473 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 60,755 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: 60,755 CAD
- 4.9%Interest Rate x 48 months
- 1,396 CAD/month + tax
- Total Payable: 67,026 CAD
- Total Interest: 6,272 CAD
- 8.9%Interest Rate x 48 months
- 1,509 CAD/month + tax
- Total Payable: 72,432 CAD
- Total Interest: 11,677 CAD
- 14.9%Interest Rate x 48 months
- 1,688 CAD/month + tax
- Total Payable: 81,013 CAD
- Total Interest: 20,258 CAD
At the end of the Lease Contract
Residual Value: 49,493 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 1,138 CAD/month + tax
- Total Payable: 54,603 CAD
- Total Interest: 5,109 CAD
- 8.9%Interest Rate x 48 months
- 1,229 CAD/month + tax
- Total Payable: 59,006 CAD
- Total Interest: 9,513 CAD
- 14.9%Interest Rate x 48 months
- 1,375 CAD/month + tax
- Total Payable: 65,997 CAD
- Total Interest: 16,503 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)
9.96
- + tax
- + fuel
- + insurance
- 33.78CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
18.51
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,304.23
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2019)
Seller Contact Info
This Contract was Already Transferred.
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