Payment Analysis

175.12CAD/monthin Winnipeg, MB
    Before Taxes:
  • 175.12 CAD/month
  • 80.82 CAD/bi-weekly
  • 40.41 CAD/week
  • 2,101.44 CAD/year
Incl. Manitoba Taxes (13%):
  • 197.89 CAD/month
  • 91.33 CAD/bi-weekly
  • 45.67 CAD/week
  • 2,374.63 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: 2,501 ~ 3,401 CAD

compared to leasing a BRAND NEW:

  • Hyundai ELANTRA Preferred 2WD Automatic
  • for 48 months
  • in MB
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 256
This Contract (CAD/month) 175
Monthly Difference 81 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 1,701 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,501 ~ 3,401

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,768 CAD
  • Total Vehicle Debt: 20,597 CAD
  • Paid so Far: 6,830 CAD (33% Paid)
  • Remaining Lease Payments: 3,678 CAD
  • Residual Value: 10,090 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,830 CAD Total Vehicle Value: 20,597 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,678 CAD
Term Paid so Far: 6,830 CAD Residual Value: 10,090 CAD
0%
33%
17%
50%
Cost to Own
Already Paid: 6,830 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 13,768 CAD
33% Paid
0%
67%
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: 13,768 CAD

  • 4.9%Interest Rate x 48 months
  • 316 CAD/month + tax
  • Total Payable: 15,189 CAD
  • Total Interest: 1,421 CAD
  • 8.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,414 CAD
  • Total Interest: 2,646 CAD
  • 14.9%Interest Rate x 48 months
  • 382 CAD/month + tax
  • Total Payable: 18,358 CAD
  • Total Interest: 4,591 CAD

At the end of the Lease Contract

Residual Value: 10,090 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,132 CAD
  • Total Interest: 1,042 CAD
  • 8.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,029 CAD
  • Total Interest: 1,939 CAD
  • 14.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,455 CAD
  • Total Interest: 3,364 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)
4.60
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 13.13CAD/100km (Original Contract back in Oct, 2021)
Time Analysis
Cost per day: (CAD)
5.76
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
878.68
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in Oct, 2021)

Seller Contact Info

This Contract was Already Transferred.

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