Payment Analysis
422.00CAD/monthin Toronto, ON
- 422.00 CAD/month
- 194.77 CAD/bi-weekly
- 97.38 CAD/week
- 5,064.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 476.86 CAD/month
- 220.09 CAD/bi-weekly
- 110.04 CAD/week
- 5,722.32 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:
9,263 ~ 10,163 CAD
compared to leasing a BRAND NEW:
- KIA Sportage SX Turbo
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 639 |
---|---|
This Contract (CAD/month) | 422 |
Monthly Difference | 217 CAD/month |
Remaining Term | x 39 months |
Total Monthly Difference | = 8,463 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 9,263 ~ 10,163 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
34,958 CAD
- Total Vehicle Debt: 43,158 CAD
- Paid so Far: 8,200 CAD (18% Paid)
- Remaining Lease Payments: 16,458 CAD
- Residual Value: 18,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,200 CAD Total Vehicle Value: 43,158 CAD
Vehicle Debt Breakdown
Downpayment: 8,200 CAD Remaining Term: 16,458 CAD
Term Paid so Far: 0 CAD Residual Value: 18,500 CAD
Cost to Own
Already Paid: 8,200 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 34,958 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: 34,958 CAD
- 4.9%Interest Rate x 48 months
- 803 CAD/month + tax
- Total Payable: 38,567 CAD
- Total Interest: 3,609 CAD
- 8.9%Interest Rate x 48 months
- 868 CAD/month + tax
- Total Payable: 41,677 CAD
- Total Interest: 6,719 CAD
- 14.9%Interest Rate x 48 months
- 971 CAD/month + tax
- Total Payable: 46,615 CAD
- Total Interest: 11,657 CAD
At the end of the Lease Contract
Residual Value: 18,500 CAD (in 39 months)
- 4.9%Interest Rate x 48 months
- 425 CAD/month + tax
- Total Payable: 20,410 CAD
- Total Interest: 1,910 CAD
- 8.9%Interest Rate x 48 months
- 459 CAD/month + tax
- Total Payable: 22,056 CAD
- Total Interest: 3,556 CAD
- 14.9%Interest Rate x 48 months
- 514 CAD/month + tax
- Total Payable: 24,669 CAD
- Total Interest: 6,169 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)
23.08
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
13.87
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
421.89
- km/week
- without any
- additional costs
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