Hyundai Lease Takeover in Burnaby, BC: 2023 Hyundai Elantra N-Line Automatique 2WD ID:#52169 • LeaseCosts Canada

Payment Analysis

599.10CAD/monthin Burnaby, BC

Before Taxes:

599.10 CAD/month
276.51 CAD/bi-weekly
138.25 CAD/week
7,189.20 CAD/year

Incl. B.C. Taxes (12%):

670.99 CAD/month
309.69 CAD/bi-weekly
154.84 CAD/week
8,051.90 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: 3,660 CAD

compared to leasing a BRAND NEW:

2023 ELANTRA N DCT
for 36 months
in B.C.
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	675
This Contract (CAD/month)	599
Monthly Difference	76 CAD/month
Remaining Term	x 35 months
Total Monthly Difference	= 2,660 CAD
+ Cash Incentive** (CAD)	+ 1,000
Total Savings (CAD)	= 3,660
	** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,419 CAD

Total Vehicle Debt: 49,396 CAD
Paid so Far: 14,978 CAD (30% Paid)
Remaining Lease Payments: 20,969 CAD
Residual Value: 13,450 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 14,978 CAD Total Vehicle Value: 49,396 CAD

30% Paid

70%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 20,969 CAD

Term Paid so Far: 14,978 CAD Residual Value: 13,450 CAD

30%

42%

28%

Cost to Own

Already Paid: 14,978 CAD (30%)

Cash Incentive: 1,000 CAD Buyout Price Today: 33,419 CAD

30% Paid

68%

Additional Financing Details

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: 33,419 CAD

4.9%Interest Rate x 48 months
768 CAD/month + tax
Total Payable: 36,869 CAD
Total Interest: 3,450 CAD

8.9%Interest Rate x 48 months
830 CAD/month + tax
Total Payable: 39,842 CAD
Total Interest: 6,423 CAD

14.9%Interest Rate x 48 months
928 CAD/month + tax
Total Payable: 44,562 CAD
Total Interest: 11,143 CAD

At the end of the Lease Contract

Residual Value: 13,450 CAD (in 35 months)

4.9%Interest Rate x 48 months
309 CAD/month + tax
Total Payable: 14,839 CAD
Total Interest: 1,388 CAD

8.9%Interest Rate x 48 months
334 CAD/month + tax
Total Payable: 16,035 CAD
Total Interest: 2,585 CAD

14.9%Interest Rate x 48 months
374 CAD/month + tax
Total Payable: 17,935 CAD
Total Interest: 4,485 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)

30.80

+ tax
+ fuel
+ insurance

(inlcuding the 1,000CAD incentive)

32.34CAD/100km (TODAY without the Cash Incentive)
44.93CAD/100km (Original Contract back in Feb, 2023)

Time Analysis

Cost per day: (CAD)

18.76

+ tax
+ insurance
+ km driven & fuel

(inlcuding the 1,000CAD incentive)

19.70CAD/day (Original Contract back in Feb, 2023)

Remaining Km

Can be driven up to:

427.52

km/week
without any
additional costs

Excess km cost: 0.12CAD

307.69km/week (Contract Original back in Feb, 2023)

Seller Contact Info

Name: Jeremiah Okwuolisa
Location: Burnaby, BC
Date Contract Started: 2023-02-11
Date Contract Ends: 2028-02-11

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2023 Hyundai Elantra N-Line Lease Take Over

Take over this lease for 47 months for $671 per month with no money down. It currently has 15,160 km and you can drive it up to 64,850 km at no extra cost; which gives you 16,200 free kms per year.

Vehicle information
Year: 2023
Make: Hyundai
Model: Elantra N-Line

This vehicle comes with:
Heated front seats
Blind spot monitoring
Leather interior
Heated steering wheel
Remote start
Apple Car Play
Navigation system
sunroof
Collision warning system
Active brake assist
Sport mode
Lane detection system

Leasing Company;
Hyundai Motor finance

Monthly Payment;
$671

Car does not have any damage and is immaculate in showroom condition

You wont find a better deal and as a gift, I will cover the transfer fee