Payment Analysis

412.00CAD/monthin Toronto, ON
    Before Taxes:
  • 412.00 CAD/month
  • 190.15 CAD/bi-weekly
  • 95.08 CAD/week
  • 4,944.00 CAD/year
Incl. Ontario Taxes (13%):
  • 465.56 CAD/month
  • 214.87 CAD/bi-weekly
  • 107.44 CAD/week
  • 5,586.72 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: 2,003 ~ 3,303 CAD

compared to leasing a BRAND NEW:

  • KiaSorento LX+
  • for 60 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 443
This Contract (CAD/month) 412
Monthly Difference 31 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 403 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,003 ~ 3,303

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)
4.14
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 24.72CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
13.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,295.86
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Feb, 2019)

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