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Transfer Details

Lease Takeover Temporary Image
CAD/month x 7 months
2023 Hyundai Elantra N (ID: #55242)
490
Burlington
2023 Hyundai

Elantra N Automatic 2WD

Payment Details
  • Current Payment: 490 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 26,926 CAD
  • Months to End: 7 months (Sep, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 11,000 km total
  • Available Now: 63,429 km/year (5,286 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km

Payment Analysis

490.12CAD/monthin Burlington
    Before Taxes:
  • 490.12 CAD/month
  • 226.21 CAD/bi-weekly
  • 113.10 CAD/week
  • 5,881.44 CAD/year
Incl. Ontario Taxes (13%):
  • 553.84 CAD/month
  • 255.62 CAD/bi-weekly
  • 127.81 CAD/week
  • 6,646.03 CAD/year

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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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,356 CAD
  • Total Vehicle Debt: 47,570 CAD
  • Paid so Far: 17,213 CAD (36% Paid)
  • Remaining Lease Payments: 3,431 CAD
  • Residual Value: 26,926 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,213 CAD Total Vehicle Value: 47,570 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 3,431 CAD
Term Paid so Far: 14,213 CAD Residual Value: 26,926 CAD
6%
30%
7%
57%
Cost to Own
Already Paid: 17,213 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 30,356 CAD
36% Paid
0%
64%
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: 30,356 CAD

  • 4.9%Interest Rate x 48 months
  • 698 CAD/month + tax
  • Total Payable: 33,490 CAD
  • Total Interest: 3,134 CAD
  • 8.9%Interest Rate x 48 months
  • 754 CAD/month + tax
  • Total Payable: 36,191 CAD
  • Total Interest: 5,835 CAD
  • 14.9%Interest Rate x 48 months
  • 843 CAD/month + tax
  • Total Payable: 40,479 CAD
  • Total Interest: 10,122 CAD

At the end of the Lease Contract

Residual Value: 26,926 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,705 CAD
  • Total Interest: 2,780 CAD
  • 8.9%Interest Rate x 48 months
  • 669 CAD/month + tax
  • Total Payable: 32,101 CAD
  • Total Interest: 5,175 CAD
  • 14.9%Interest Rate x 48 months
  • 748 CAD/month + tax
  • Total Payable: 35,904 CAD
  • Total Interest: 8,978 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)
9.27
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 36.76CAD/100km (Original Contract back in Sep, 2023)
Time Analysis
Cost per day: (CAD)
16.11
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,219.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in Sep, 2023)

Seller Contact Info

  • Name: Jack
  • Location: Burlington
  • Date Contract Started:
  • Date Contract Ends:

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Payments due biweekly. $245.06
Tint+Front PPF done at dealer
$3,000 down
Intense blue
DCT Automatic

Two ate 9ine too 3 zero 7648
Text with inquiries

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