Hyundai Lease Takeover in Laval, QC: 2018 Hyundai Elantra GT Automatique AWD ID:#6204 • LeaseCosts Canada

Payment Analysis

270.00CAD/monthin Laval, QC

Before Taxes:

270.00 CAD/month
124.62 CAD/bi-weekly
62.31 CAD/week
3,240.00 CAD/year

Incl. Québec Taxes (14.98%):

310.45 CAD/month
143.28 CAD/bi-weekly
71.64 CAD/week
3,725.35 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: 2,730 ~ 3,130 CAD

compared to leasing a BRAND NEW:

Hyundai Elantra GT
for 36 months
in Quebec
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	331
This Contract (CAD/month)	270
Monthly Difference	60 CAD/month
Remaining Term	x 28 months
Total Monthly Difference	= 1,680 CAD
+ Cash Incentive** (CAD)	+ 250
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 2,730 ~ 3,130
	** "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: 28,760 CAD

Total Vehicle Debt: 34,910 CAD
Paid so Far: 5,900 CAD (16% Paid)
Remaining Lease Payments: 7,560 CAD
Residual Value: 21,450 CAD
Cash Incentive: 250 CAD

Vehicle Debt & Value

Paid so far: 5,900 CAD Total Vehicle Value: 34,910 CAD

16% Paid

84%

Vehicle Debt Breakdown

Downpayment: 500 CAD Remaining Term: 7,560 CAD

Term Paid so Far: 5,400 CAD Residual Value: 21,450 CAD

15%

21%

63%

Cost to Own

Already Paid: 5,900 CAD (16%)

Cash Incentive: 250 CAD Buyout Price Today: 28,760 CAD

16% Paid

84%

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: 28,760 CAD

4.9%Interest Rate x 48 months
661 CAD/month + tax
Total Payable: 31,729 CAD
Total Interest: 2,969 CAD

8.9%Interest Rate x 48 months
714 CAD/month + tax
Total Payable: 34,288 CAD
Total Interest: 5,528 CAD

14.9%Interest Rate x 48 months
799 CAD/month + tax
Total Payable: 38,350 CAD
Total Interest: 9,590 CAD

At the end of the Lease Contract

Residual Value: 21,450 CAD (in 28 months)

4.9%Interest Rate x 48 months
493 CAD/month + tax
Total Payable: 23,664 CAD
Total Interest: 2,214 CAD

8.9%Interest Rate x 48 months
533 CAD/month + tax
Total Payable: 25,573 CAD
Total Interest: 4,123 CAD

14.9%Interest Rate x 48 months
596 CAD/month + tax
Total Payable: 28,602 CAD
Total Interest: 7,152 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)