Payment Analysis
550.00CAD/monthin Milton, ON
- 550.00 CAD/month
- 253.85 CAD/bi-weekly
- 126.92 CAD/week
- 6,600.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 621.50 CAD/month
- 286.85 CAD/bi-weekly
- 143.42 CAD/week
- 7,458.00 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:
3,996 ~ 4,896 CAD
compared to leasing a BRAND NEW:
- 2023 KIA Sportage X-Line Limited w/ Wear & Tear Coverage
- for 48 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 644 |
---|---|
This Contract (CAD/month) | 550 |
Monthly Difference | 94 CAD/month |
Remaining Term | x 34 months |
Total Monthly Difference | = 3,196 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,996 ~ 4,896 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
41,700 CAD
- Total Vehicle Debt: 61,000 CAD
- Paid so Far: 19,300 CAD (31% Paid)
- Remaining Lease Payments: 18,700 CAD
- Residual Value: 23,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,300 CAD Total Vehicle Value: 61,000 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 18,700 CAD
Term Paid so Far: 14,300 CAD Residual Value: 23,000 CAD
Cost to Own
Already Paid: 19,300 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 41,700 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: 41,700 CAD
- 4.9%Interest Rate x 48 months
- 958 CAD/month + tax
- Total Payable: 46,005 CAD
- Total Interest: 4,305 CAD
- 8.9%Interest Rate x 48 months
- 1,036 CAD/month + tax
- Total Payable: 49,715 CAD
- Total Interest: 8,015 CAD
- 14.9%Interest Rate x 48 months
- 1,158 CAD/month + tax
- Total Payable: 55,605 CAD
- Total Interest: 13,905 CAD
At the end of the Lease Contract
Residual Value: 23,000 CAD (in 34 months)
- 4.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,374 CAD
- Total Interest: 2,374 CAD
- 8.9%Interest Rate x 48 months
- 571 CAD/month + tax
- Total Payable: 27,421 CAD
- Total Interest: 4,421 CAD
- 14.9%Interest Rate x 48 months
- 639 CAD/month + tax
- Total Payable: 30,669 CAD
- Total Interest: 7,669 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)
20.99
- + tax
- + fuel
- + insurance
- 33.00CAD/100km (Original Contract back in Sep, 2022)
Time Analysis
Cost per day: (CAD)
18.08
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
604.72
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2022)
Seller Contact Info
This Contract was Already Transferred.
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