Payment Analysis

619.72CAD/monthin Stratford, ON
    Before Taxes:
  • 619.72 CAD/month
  • 286.02 CAD/bi-weekly
  • 143.01 CAD/week
  • 7,436.64 CAD/year
Incl. Ontario Taxes (13%):
  • 700.28 CAD/month
  • 323.21 CAD/bi-weekly
  • 161.60 CAD/week
  • 8,403.40 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: 1,493 ~ 2,393 CAD

compared to leasing a BRAND NEW:

  • KIA Soul EV Limited Automatic AWD
  • for 48 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 696
This Contract (CAD/month) 620
Monthly Difference 77 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 693 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,493 ~ 2,393

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,815 CAD
  • Total Vehicle Debt: 65,420 CAD
  • Paid so Far: 36,606 CAD (55% Paid)
  • Remaining Lease Payments: 5,577 CAD
  • Residual Value: 23,237 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 36,606 CAD Total Vehicle Value: 65,420 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 5,577 CAD
Term Paid so Far: 31,606 CAD Residual Value: 23,237 CAD
7%
48%
8%
37%
Cost to Own
Already Paid: 36,606 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 28,815 CAD
55% Paid
0%
45%
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: 28,815 CAD

  • 4.9%Interest Rate x 48 months
  • 662 CAD/month + tax
  • Total Payable: 31,789 CAD
  • Total Interest: 2,975 CAD
  • 8.9%Interest Rate x 48 months
  • 716 CAD/month + tax
  • Total Payable: 34,353 CAD
  • Total Interest: 5,538 CAD
  • 14.9%Interest Rate x 48 months
  • 800 CAD/month + tax
  • Total Payable: 38,423 CAD
  • Total Interest: 9,608 CAD

At the end of the Lease Contract

Residual Value: 23,237 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 534 CAD/month + tax
  • Total Payable: 25,636 CAD
  • Total Interest: 2,399 CAD
  • 8.9%Interest Rate x 48 months
  • 577 CAD/month + tax
  • Total Payable: 27,703 CAD
  • Total Interest: 4,466 CAD
  • 14.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,986 CAD
  • Total Interest: 7,748 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)
7.37
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 46.48CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
20.37
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,941.03
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Hamilton

+ 500 cash
CAD/month x 15 months
2023 Mazda CX-30 GS (ID: #52597)
518
London, ON
2023 Mazda

CX-30 GS Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 518 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 484 CAD/month + tax
  • Residual Value: 20,440 CAD
  • Months to End: 15 months (Mar, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 10,800 km total
  • Available Now: 29,760 km/year (2,480 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details