Payment Analysis

209.00CAD/monthin Halifax, NS
    Before Taxes:
  • 209.00 CAD/month
  • 96.46 CAD/bi-weekly
  • 48.23 CAD/week
  • 2,508.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 240.35 CAD/month
  • 110.93 CAD/bi-weekly
  • 55.47 CAD/week
  • 2,884.20 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: -324 ~ 76 CAD

compared to leasing a BRAND NEW:

  • Hyundai Elantra Preferred Automatic 2WD
  • for 39 months
  • in NS
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 303
This Contract (CAD/month) 209
Monthly Difference 94 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 376 CAD
- Required Payment** (CAD) - 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = -324 ~ 76
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,341 CAD
  • Total Vehicle Debt: 26,037 CAD
  • Paid so Far: 14,196 CAD (54% Paid)
  • Remaining Lease Payments: 836 CAD
  • Residual Value: 11,005 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 14,196 CAD Total Vehicle Value: 26,037 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 836 CAD
Term Paid so Far: 9,196 CAD Residual Value: 11,005 CAD
19%
35%
3%
43%
Cost to Own
Already Paid: 14,196 CAD (54%)
Required Payment: 1,500 CAD (5%)Buyout Price Today: 13,341 CAD
49% Paid
5%
46%
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: 13,341 CAD

  • 4.9%Interest Rate x 48 months
  • 307 CAD/month + tax
  • Total Payable: 14,718 CAD
  • Total Interest: 1,377 CAD
  • 8.9%Interest Rate x 48 months
  • 331 CAD/month + tax
  • Total Payable: 15,905 CAD
  • Total Interest: 2,564 CAD
  • 14.9%Interest Rate x 48 months
  • 371 CAD/month + tax
  • Total Payable: 17,789 CAD
  • Total Interest: 4,448 CAD

At the end of the Lease Contract

Residual Value: 11,005 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,141 CAD
  • Total Interest: 1,136 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,120 CAD
  • Total Interest: 2,115 CAD
  • 14.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,675 CAD
  • Total Interest: 3,670 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)
3.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 1.16CAD/100km (TODAY without the Cash Incentive)
  • 12.54CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
19.20
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 6.87CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
4,153.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Halifax

CAD/month x 24 months
2023 Audi TFSI Technik quattro tiptronic (ID: #54703)
1,151
Halifax
2023 Audi

TFSI Technik quattro tiptronic Automatique AWD Mythos Black Metallic,19" 5-arm flag design, anthracite bi-colour wheels, red break Calipers, Seats: Magma Red, Blackout Package, Sound-enhancing exhaust, Carbon Atlas inlays, mechanical breakdown protection

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,151 CAD/month + tax
  • Residual Value: 33,154 CAD
  • Months to End: 24 months (May, 2027)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 25,000 km total
  • Available Now: 37,500 km/year (3,125 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 39 months
2024 Honda Civic Sport (ID: #59306)
518
Kentville, Nova Scotia
2024 Honda

Civic Sport Automatique 2WD

  • Winter Tires Included
Payment Details
  • Current Payment: 518 CAD/month + tax
  • Residual Value: 13,000 CAD
  • Months to End: 39 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 25,000 km total
  • Available Now: 28,615 km/year (2,385 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 17 months
2022 Honda Civic EX (ID: #52557)
380
Dartmouth NS
2022 Honda

Civic EX Automatique 2WD

Payment Details
  • Current Payment: 380 CAD/month + tax
  • Months to End: 17 months (Oct, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 65,000 km total
  • Available Now: 37,412 km/year (3,118 per month)
See all Details
CAD/month x 38 months
2023 Honda SPORT-B (ID: #52285)
225
Halifax, NS
2023 Honda

SPORT-B Automatique 2WD

Payment Details
  • Current Payment: 225 CAD/month + tax
  • Original Downpayment: 4,500 CAD
  • Months to End: 38 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 11,000 km total
  • Available Now: 36,000 km/year (3,000 per month)
See all Details
+ 2,500 cash
CAD/month x 15 months
2022 Honda civic touring (ID: #49567)
400
Halifax, NS
2022 Honda

civic touring CVT 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 400 CAD/month + tax
  • Required Payment: 2,500 CAD
  • Payment Including Incentive: 567 CAD/month + tax
  • Original Downpayment: 3,500 CAD
  • Residual Value: 15,600 CAD
  • Months to End: 15 months (Aug, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 15,000 km total
  • Available Now: 50,667 km/year (4,222 per month)
See all Details
CAD/month x 51 months
2019 Chevrolet Cruze LT Turbo (ID: #44684)
585
Halifax, NS
2019 Chevrolet

Cruze LT Turbo Automatique 2WD

Payment Details
  • Current Payment: 585 CAD/month + tax
  • Original Downpayment: 36,069 CAD
  • Months to End: 51 months (Aug, 2029)
Vehicle Status
  • Contract Allowance: 64,999 km/year
  • Current Odometer: 90,480 km total
  • Available Now: 85,768 km/year (7,147 per month)
See all Details