This Vehicle is Sold


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Vehicle Photos

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Transfer Details

+ 400 cash
ease Transfer Hyundai Lease Takeover in Halifax, NS: 2020 Hyundai Elantra Ultimate Automatic 2WD
SAVE ~4,500 CAD
CAD/month x 29 months
2020 Hyundai Elantra Ultimate (ID: #23301)
328
Halifax, NS
2020 Hyundai

Elantra Ultimate Automatic 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 328 CAD/month + tax
  • Cash Incentive: 400 CAD
  • Payment After Incentive: 314 CAD/month + tax
  • Residual Value: 13,597 CAD
  • Months to End: 29 months (Nov, 2023)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 6,350 km total
  • Available Now: 23,303 km/year (1,942 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • All Main Coverages
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

328.24CAD/monthin Halifax, NS
    Before Taxes:
  • 328.24 CAD/month
  • 151.50 CAD/bi-weekly
  • 75.75 CAD/week
  • 3,938.88 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 377.48 CAD/month
  • 174.22 CAD/bi-weekly
  • 87.11 CAD/week
  • 4,529.71 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

With this deal, you are saving: 3,885 ~ 5,185 CAD

compared to leasing a BRAND NEW:

  • Hyundai Elantra Ultimate Automatic 2WD
  • for 33 months
  • in NS
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 393
This Contract (CAD/month) 328
Monthly Difference 65 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 1,885 CAD
+ Cash Incentive** (CAD) + 400
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,885 ~ 5,185
** "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: 22,716 CAD
  • Total Vehicle Debt: 29,024 CAD
  • Paid so Far: 5,908 CAD (20% Paid)
  • Remaining Lease Payments: 9,519 CAD
  • Residual Value: 13,597 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 5,908 CAD Total Vehicle Value: 29,024 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,519 CAD
Term Paid so Far: 5,908 CAD Residual Value: 13,597 CAD
0%
20%
32%
48%
Cost to Own
Already Paid: 5,908 CAD (20%)
Cash Incentive: 400 CAD Buyout Price Today: 22,716 CAD
20% Paid
1%
79%
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: 22,716 CAD

  • 4.9%Interest Rate x 48 months
  • 522 CAD/month + tax
  • Total Payable: 25,061 CAD
  • Total Interest: 2,345 CAD
  • 8.9%Interest Rate x 48 months
  • 564 CAD/month + tax
  • Total Payable: 27,082 CAD
  • Total Interest: 4,366 CAD
  • 14.9%Interest Rate x 48 months
  • 631 CAD/month + tax
  • Total Payable: 30,291 CAD
  • Total Interest: 7,575 CAD

At the end of the Lease Contract

Residual Value: 13,597 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 313 CAD/month + tax
  • Total Payable: 15,001 CAD
  • Total Interest: 1,404 CAD
  • 8.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,211 CAD
  • Total Interest: 2,613 CAD
  • 14.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,131 CAD
  • Total Interest: 4,534 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)
16.19
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
  • 16.90CAD/100km (TODAY without the Cash Incentive)
  • 24.62CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
10.34
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
  • 10.79CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
448.14
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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