Payment Analysis
582.00CAD/monthin Sherwood Park, AB
- 582.00 CAD/month
- 268.62 CAD/bi-weekly
- 134.31 CAD/week
- 6,984.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 611.10 CAD/month
- 282.05 CAD/bi-weekly
- 141.02 CAD/week
- 7,333.20 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:
6,481 ~ 6,881 CAD
compared to leasing a BRAND NEW:
- Hyundai Veloster N Manual 2WD
- for 12 months
- in AB
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 881 |
---|---|
This Contract (CAD/month) | 582 |
Monthly Difference | 299 CAD/month |
Remaining Term | x 19 months |
Total Monthly Difference | = 5,681 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 6,481 ~ 6,881 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
28,058 CAD
- Total Vehicle Debt: 37,952 CAD
- Paid so Far: 9,894 CAD (26% Paid)
- Remaining Lease Payments: 11,058 CAD
- Residual Value: 17,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,894 CAD Total Vehicle Value: 37,952 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,058 CAD
Term Paid so Far: 9,894 CAD Residual Value: 17,000 CAD
Cost to Own
Already Paid: 9,894 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 28,058 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: 28,058 CAD
- 4.9%Interest Rate x 48 months
- 645 CAD/month + tax
- Total Payable: 30,955 CAD
- Total Interest: 2,897 CAD
- 8.9%Interest Rate x 48 months
- 697 CAD/month + tax
- Total Payable: 33,451 CAD
- Total Interest: 5,393 CAD
- 14.9%Interest Rate x 48 months
- 779 CAD/month + tax
- Total Payable: 37,414 CAD
- Total Interest: 9,356 CAD
At the end of the Lease Contract
Residual Value: 17,000 CAD (in 19 months)
- 4.9%Interest Rate x 48 months
- 391 CAD/month + tax
- Total Payable: 18,755 CAD
- Total Interest: 1,755 CAD
- 8.9%Interest Rate x 48 months
- 422 CAD/month + tax
- Total Payable: 20,267 CAD
- Total Interest: 3,267 CAD
- 14.9%Interest Rate x 48 months
- 472 CAD/month + tax
- Total Payable: 22,669 CAD
- Total Interest: 5,669 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)
26.97
- + tax
- + fuel
- + insurance
- 29.10CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
19.13
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
497.98
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Oct, 2019)