This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
Transfer Details
+ 500 cash
SAVE ~4,600 CAD
CAD/month x 41 months
Transferred/Sold
2020 Hyundai Elantra Luxury (ID: #22284)
325
Mississauga, ON
2020 Hyundai
Elantra Luxury CVT 2WD
Payment Details
- Current Payment: 325 CAD/month + tax
- Cash Incentive: 500 CAD
- Payment After Incentive: 313 CAD/month + tax
- Residual Value: 14,853 CAD
- Months to End: 41 months (Aug, 2022)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 9,600 km total
- Available Now: 12,800 km/year (1,067 per month)
- Excess Km Cost: 0.12 CAD/km
Deal Special Perks
Payment Analysis
325.00CAD/monthin Mississauga, ON
- 325.00 CAD/month
- 150.00 CAD/bi-weekly
- 75.00 CAD/week
- 3,900.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 367.25 CAD/month
- 169.50 CAD/bi-weekly
- 84.75 CAD/week
- 4,407.00 CAD/year
Estimate Insurance Costs
Avoid surprises and lock your insurance offer now! Quote how much you will have to pay and get the best insurance company to bid for your contract.
powered by
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:
4,375 ~ 4,775 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra Luxury CVT 2WD
- for 33 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 400 |
|---|---|
| This Contract (CAD/month) | 325 |
| Monthly Difference | 75 CAD/month |
| Remaining Term | x 41 months |
| Total Monthly Difference | = 3,075 CAD |
| + Cash Incentive** (CAD) | + 500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 4,375 ~ 4,775 |
| ** "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:
27,678 CAD
- Total Vehicle Debt: 25,253 CAD
- Paid so Far: -2,925 CAD (-12% Paid)
- Remaining Lease Payments: 13,325 CAD
- Residual Value: 14,853 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -2,925 CAD Total Vehicle Value: 25,253 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,325 CAD
Term Paid so Far: -2,925 CAD Residual Value: 14,853 CAD
Cost to Own
Already Paid: -2,925 CAD (-12%)
Cash Incentive: 500 CAD Buyout Price Today: 27,678 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: 27,678 CAD
- 4.9%Interest Rate x 48 months
- 636 CAD/month + tax
- Total Payable: 30,535 CAD
- Total Interest: 2,857 CAD
- 8.9%Interest Rate x 48 months
- 687 CAD/month + tax
- Total Payable: 32,998 CAD
- Total Interest: 5,320 CAD
- 14.9%Interest Rate x 48 months
- 769 CAD/month + tax
- Total Payable: 36,907 CAD
- Total Interest: 9,229 CAD
At the end of the Lease Contract
Residual Value: 14,853 CAD (in 41 months)
- 4.9%Interest Rate x 48 months
- 341 CAD/month + tax
- Total Payable: 16,386 CAD
- Total Interest: 1,533 CAD
- 8.9%Interest Rate x 48 months
- 369 CAD/month + tax
- Total Payable: 17,708 CAD
- Total Interest: 2,855 CAD
- 14.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,806 CAD
- Total Interest: 4,953 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)
29.33
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
10.28
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
246.15
- km/week
- without any
- additional costs
