Payment Analysis
225.00CAD/monthin Ottawa, ON
- 225.00 CAD/month
- 103.85 CAD/bi-weekly
- 51.92 CAD/week
- 2,700.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 254.25 CAD/month
- 117.35 CAD/bi-weekly
- 58.67 CAD/week
- 3,051.00 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:
580 CAD
compared to leasing a BRAND NEW:
- 2022 Hyundai Elantra Prefered
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 370 |
|---|---|
| This Contract (CAD/month) | 225 |
| Monthly Difference | 145 CAD/month |
| Remaining Term | x 4 months |
| Total Monthly Difference | = 580 CAD |
| Total Savings (CAD) | = 580 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
9,900 CAD
- Total Vehicle Debt: 17,100 CAD
- Paid so Far: 7,200 CAD (42% Paid)
- Remaining Lease Payments: 900 CAD
- Residual Value: 9,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,200 CAD Total Vehicle Value: 17,100 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 900 CAD
Term Paid so Far: 7,200 CAD Residual Value: 9,000 CAD
Cost to Own
Already Paid: 7,200 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 9,900 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: 9,900 CAD
- 4.9%Interest Rate x 48 months
- 228 CAD/month + tax
- Total Payable: 10,922 CAD
- Total Interest: 1,022 CAD
- 8.9%Interest Rate x 48 months
- 246 CAD/month + tax
- Total Payable: 11,803 CAD
- Total Interest: 1,903 CAD
- 14.9%Interest Rate x 48 months
- 275 CAD/month + tax
- Total Payable: 13,201 CAD
- Total Interest: 3,301 CAD
At the end of the Lease Contract
Residual Value: 9,000 CAD (in 4 months)
- 4.9%Interest Rate x 48 months
- 207 CAD/month + tax
- Total Payable: 9,929 CAD
- Total Interest: 929 CAD
- 8.9%Interest Rate x 48 months
- 224 CAD/month + tax
- Total Payable: 10,730 CAD
- Total Interest: 1,730 CAD
- 14.9%Interest Rate x 48 months
- 250 CAD/month + tax
- Total Payable: 12,001 CAD
- Total Interest: 3,001 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)
2.05
- + tax
- + fuel
- + insurance
- 13.50CAD/100km (Original Contract back in Mar, 2022)
Time Analysis
Cost per day: (CAD)
7.40
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
2,538.46
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2022)
Seller Contact Info
This Contract was Already Transferred.
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Payment Details
- Current Payment: 702 CAD/month + tax
- Months to End: 26 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 20,000 km total
- Available Now: 27,692 km/year (2,308 per month)
- Excess Km Cost: 0.15 CAD/km
