Hyundai Lease Takeover in Montréal, QC: 2020 Hyundai VENUE ULTIMATE Automatique 2WD ID:#22359 • LeaseCosts Canada

Payment Analysis

291.27CAD/monthin Montréal, QC

Before Taxes:

291.27 CAD/month
134.43 CAD/bi-weekly
67.22 CAD/week
3,495.24 CAD/year

Incl. Québec Taxes (14.98%):

334.90 CAD/month
154.57 CAD/bi-weekly
77.29 CAD/week
4,018.83 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: 858 ~ 1,258 CAD

compared to leasing a BRAND NEW:

Hyundai VENUE ULTIMATE Automatic 2WD
for 48 months
in QC
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	320
This Contract (CAD/month)	291
Monthly Difference	29 CAD/month
Remaining Term	x 2 months
Total Monthly Difference	= 58 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 858 ~ 1,258

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,095 CAD

Total Vehicle Debt: 27,493 CAD
Paid so Far: 13,398 CAD (48% Paid)
Remaining Lease Payments: 583 CAD
Residual Value: 13,512 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 13,398 CAD Total Vehicle Value: 27,493 CAD

48% Paid

52%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 583 CAD

Term Paid so Far: 13,398 CAD Residual Value: 13,512 CAD

48%

50%

Cost to Own

Already Paid: 13,398 CAD (48%)

Cash Incentive: 0 CAD Buyout Price Today: 14,095 CAD

48% Paid

52%

Additional Financing Details

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: 14,095 CAD

4.9%Interest Rate x 48 months
324 CAD/month + tax
Total Payable: 15,550 CAD
Total Interest: 1,455 CAD

8.9%Interest Rate x 48 months
350 CAD/month + tax
Total Payable: 16,804 CAD
Total Interest: 2,709 CAD

14.9%Interest Rate x 48 months
392 CAD/month + tax
Total Payable: 18,794 CAD
Total Interest: 4,700 CAD

At the end of the Lease Contract

Residual Value: 13,512 CAD (in 2 months)

4.9%Interest Rate x 48 months
311 CAD/month + tax
Total Payable: 14,907 CAD
Total Interest: 1,395 CAD

8.9%Interest Rate x 48 months
336 CAD/month + tax
Total Payable: 16,109 CAD
Total Interest: 2,597 CAD

14.9%Interest Rate x 48 months
375 CAD/month + tax
Total Payable: 18,017 CAD
Total Interest: 4,505 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)