This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer Ford Lease Takeover in Mississauga, ON: 2020 Ford XLT Automatic AWD
SAVE ~3,300 CAD
CAD/month x 7 months
2020 Hyundai Elantra Sport (ID: #24414)
308
Mississauga, ON
2020 Hyundai

Elantra Sport Automatic AWD 1.6 turbo

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 308 CAD/month + tax
  • Residual Value: 10,900 CAD
  • Months to End: 7 months (Sep, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 15,000 km total
  • Available Now: 111,429 km/year (9,286 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

308.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 308.00 CAD/month
  • 142.15 CAD/bi-weekly
  • 71.08 CAD/week
  • 3,696.00 CAD/year
Incl. Ontario Taxes (13%):
  • 348.04 CAD/month
  • 160.63 CAD/bi-weekly
  • 80.32 CAD/week
  • 4,176.48 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: 2,886 ~ 3,786 CAD

compared to leasing a BRAND NEW:

  • Ford XLT Automatic AWD Fx4 off-road
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 606
This Contract (CAD/month) 308
Monthly Difference 298 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 2,086 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,886 ~ 3,786

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,056 CAD
  • Total Vehicle Debt: 29,380 CAD
  • Paid so Far: 16,324 CAD (55% Paid)
  • Remaining Lease Payments: 2,156 CAD
  • Residual Value: 10,900 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,324 CAD Total Vehicle Value: 29,380 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,156 CAD
Term Paid so Far: 16,324 CAD Residual Value: 10,900 CAD
0%
55%
7%
38%
Cost to Own
Already Paid: 16,324 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 13,056 CAD
55% Paid
0%
45%
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: 13,056 CAD

  • 4.9%Interest Rate x 48 months
  • 300 CAD/month + tax
  • Total Payable: 14,404 CAD
  • Total Interest: 1,348 CAD
  • 8.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,565 CAD
  • Total Interest: 2,509 CAD
  • 14.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,409 CAD
  • Total Interest: 4,353 CAD

At the end of the Lease Contract

Residual Value: 10,900 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,025 CAD
  • Total Interest: 1,125 CAD
  • 8.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,995 CAD
  • Total Interest: 2,095 CAD
  • 14.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,535 CAD
  • Total Interest: 3,635 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)
3.32
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 23.10CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
10.13
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,142.86
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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