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 ~4,400 CAD
CAD/month x 38 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: 312 CAD/month + tax
- Residual Value: 14,853 CAD
- Months to End: 38 months (Aug, 2022)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 9,600 km total
- Available Now: 13,811 km/year (1,151 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
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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:
4,150 ~ 4,550 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 38 months |
| Total Monthly Difference | = 2,850 CAD |
| + Cash Incentive** (CAD) | + 500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 4,150 ~ 4,550 |
| ** "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:
26,703 CAD
- Total Vehicle Debt: 25,253 CAD
- Paid so Far: -1,950 CAD (-8% Paid)
- Remaining Lease Payments: 12,350 CAD
- Residual Value: 14,853 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -1,950 CAD Total Vehicle Value: 25,253 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,350 CAD
Term Paid so Far: -1,950 CAD Residual Value: 14,853 CAD
Cost to Own
Already Paid: -1,950 CAD (-8%)
Cash Incentive: 500 CAD Buyout Price Today: 26,703 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: 26,703 CAD
- 4.9%Interest Rate x 48 months
- 614 CAD/month + tax
- Total Payable: 29,460 CAD
- Total Interest: 2,757 CAD
- 8.9%Interest Rate x 48 months
- 663 CAD/month + tax
- Total Payable: 31,835 CAD
- Total Interest: 5,132 CAD
- 14.9%Interest Rate x 48 months
- 742 CAD/month + tax
- Total Payable: 35,607 CAD
- Total Interest: 8,904 CAD
At the end of the Lease Contract
Residual Value: 14,853 CAD (in 38 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)
27.10
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
10.25
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
265.59
- km/week
- without any
- additional costs
