Payment Analysis
270.28CAD/monthin Mississauga, ON
- 270.28 CAD/month
- 124.74 CAD/bi-weekly
- 62.37 CAD/week
- 3,243.36 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 305.42 CAD/month
- 140.96 CAD/bi-weekly
- 70.48 CAD/week
- 3,665.00 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:
1,680 CAD
compared to leasing a BRAND NEW:
- KIA LX
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 300 |
|---|---|
| This Contract (CAD/month) | 270 |
| Monthly Difference | 30 CAD/month |
| Remaining Term | x 56 months |
| Total Monthly Difference | = 1,680 CAD |
| Total Savings (CAD) | = 1,680 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
25,062 CAD
- Total Vehicle Debt: 20,197 CAD
- Paid so Far: -4,865 CAD (-25% Paid)
- Remaining Lease Payments: 15,136 CAD
- Residual Value: 9,927 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -4,865 CAD Total Vehicle Value: 20,197 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,136 CAD
Term Paid so Far: -4,865 CAD Residual Value: 9,927 CAD
Cost to Own
Already Paid: -4,865 CAD (-25%)
Cash Incentive: 0 CAD Buyout Price Today: 25,062 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: 25,062 CAD
- 4.9%Interest Rate x 48 months
- 576 CAD/month + tax
- Total Payable: 27,650 CAD
- Total Interest: 2,587 CAD
- 8.9%Interest Rate x 48 months
- 622 CAD/month + tax
- Total Payable: 29,880 CAD
- Total Interest: 4,817 CAD
- 14.9%Interest Rate x 48 months
- 696 CAD/month + tax
- Total Payable: 33,419 CAD
- Total Interest: 8,357 CAD
At the end of the Lease Contract
Residual Value: 9,927 CAD (in 56 months)
- 4.9%Interest Rate x 48 months
- 228 CAD/month + tax
- Total Payable: 10,952 CAD
- Total Interest: 1,025 CAD
- 8.9%Interest Rate x 48 months
- 247 CAD/month + tax
- Total Payable: 11,835 CAD
- Total Interest: 1,908 CAD
- 14.9%Interest Rate x 48 months
- 276 CAD/month + tax
- Total Payable: 13,237 CAD
- Total Interest: 3,310 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)
44.08
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
8.89
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
141.48
- km/week
- without any
- additional costs
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