Payment Analysis
355.51CAD/monthin Toronto, ON
- 355.51 CAD/month
- 164.08 CAD/bi-weekly
- 82.04 CAD/week
- 4,266.12 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 401.73 CAD/month
- 185.41 CAD/bi-weekly
- 92.71 CAD/week
- 4,820.72 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:
995 CAD
compared to leasing a BRAND NEW:
- HYUNDAI TUCSON Preferred
- for 48 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 400 |
---|---|
This Contract (CAD/month) | 356 |
Monthly Difference | 45 CAD/month |
Remaining Term | x 11 months |
Total Monthly Difference | = 495 CAD |
+ Cash Incentive** (CAD) | + 500 |
Total Savings (CAD) | = 995 |
** "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:
17,678 CAD
- Total Vehicle Debt: 35,598 CAD
- Paid so Far: 17,420 CAD (48% Paid)
- Remaining Lease Payments: 3,911 CAD
- Residual Value: 14,267 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 17,420 CAD Total Vehicle Value: 35,598 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,911 CAD
Term Paid so Far: 17,420 CAD Residual Value: 14,267 CAD
Cost to Own
Already Paid: 17,420 CAD (48%)
Cash Incentive: 500 CAD Buyout Price Today: 17,678 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: 17,678 CAD
- 4.9%Interest Rate x 48 months
- 406 CAD/month + tax
- Total Payable: 19,503 CAD
- Total Interest: 1,825 CAD
- 8.9%Interest Rate x 48 months
- 439 CAD/month + tax
- Total Payable: 21,075 CAD
- Total Interest: 3,398 CAD
- 14.9%Interest Rate x 48 months
- 491 CAD/month + tax
- Total Payable: 23,572 CAD
- Total Interest: 5,894 CAD
At the end of the Lease Contract
Residual Value: 14,267 CAD (in 11 months)
- 4.9%Interest Rate x 48 months
- 328 CAD/month + tax
- Total Payable: 15,740 CAD
- Total Interest: 1,473 CAD
- 8.9%Interest Rate x 48 months
- 354 CAD/month + tax
- Total Payable: 17,009 CAD
- Total Interest: 2,742 CAD
- 14.9%Interest Rate x 48 months
- 396 CAD/month + tax
- Total Payable: 19,024 CAD
- Total Interest: 4,757 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)
2.92
- + tax
- + fuel
- + insurance
- 3.35CAD/100km (TODAY without the Cash Incentive)
- 17.78CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
10.19
- + tax
- + insurance
- + km driven & fuel
- 11.69CAD/day (Original Contract back in Nov, 2020)
Remaining Km
Can be driven up to:
2,446.28
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Nov, 2020)
Seller Contact Info
This Contract was Already Transferred.
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