Vehicle Photos

Transfer Details

+ 473 cash
Lease Takeover in Montreal, QC: 2016 Hyundai Sonata Hybrid Automatic 2WD ID:#3626
SAVE ~26,600 CAD
CAD/month x 28 months
2016 Hyundai Sonata Hybrid (ID: #3626)
411
Montreal, QC
2016 Hyundai

Sonata Hybrid Automatic 2WD + Gold Service Plan

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 411 CAD/month + tax
  • Cash Incentive: 473 CAD
  • Payment After Incentive: 394 CAD/month + tax
  • Original Downpayment: 1,050 CAD
  • Residual Value: 16,403 CAD
  • Months to End: 28 months (Jun, 2019)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 48,500 km total
  • Available Now: 4,929 km/year (411 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Down Payment
  • Lots of FREE Available Km
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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Payment Analysis

411.00CAD/monthin Montreal, QC
    Before Taxes:
  • 411.00 CAD/month
  • 189.69 CAD/bi-weekly
  • 94.85 CAD/week
  • 4,932.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 472.57 CAD/month
  • 218.11 CAD/bi-weekly
  • 109.05 CAD/week
  • 5,670.81 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: 25,901 ~ 27,201 CAD

compared to leasing a BRAND NEW:

<ul>
<li>Sonata Hybrid Automatic 2WD</li>
<li>for 12 months</li> 
<li>in QC</li> 
<li>$0 down payment</li>
<li>16,000 km/year</li>
</ul>

Savings Breakdown:
Leasing New (CAD/month) 1,262
This Contract (CAD/month) 411
Monthly Difference 851 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 23,828 CAD
+ Cash Incentive** (CAD) + 473
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 25,901 ~ 27,201
** "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: 27,438 CAD
  • Total Vehicle Debt: 32,249 CAD
  • Paid so Far: 4,338 CAD (13% Paid)
  • Remaining Lease Payments: 11,508 CAD
  • Residual Value: 16,403 CAD
  • Cash Incentive: 473 CAD
Vehicle Debt & Value
Paid so far: 4,338 CAD Total Vehicle Value: 32,249 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 1,050 CAD Remaining Term: 11,508 CAD
Term Paid so Far: 3,288 CAD Residual Value: 16,403 CAD
3%
10%
35%
52%
Cost to Own
Already Paid: 4,338 CAD (13%)
Cash Incentive: 473 CAD Buyout Price Today: 27,438 CAD
13% Paid
1%
86%
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: 27,438 CAD

  • 4.9%Interest Rate x 48 months
  • 631 CAD/month + tax
  • Total Payable: 30,270 CAD
  • Total Interest: 2,832 CAD
  • 8.9%Interest Rate x 48 months
  • 681 CAD/month + tax
  • Total Payable: 32,712 CAD
  • Total Interest: 5,274 CAD
  • 14.9%Interest Rate x 48 months
  • 762 CAD/month + tax
  • Total Payable: 36,587 CAD
  • Total Interest: 9,149 CAD

At the end of the Lease Contract

Residual Value: 16,403 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,096 CAD
  • Total Interest: 1,693 CAD
  • 8.9%Interest Rate x 48 months
  • 407 CAD/month + tax
  • Total Payable: 19,556 CAD
  • Total Interest: 3,153 CAD
  • 14.9%Interest Rate x 48 months
  • 456 CAD/month + tax
  • Total Payable: 21,872 CAD
  • Total Interest: 5,469 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)
95.96
  • + tax
  • + fuel
  • + insurance
(inlcuding the 473CAD incentive)
Time Analysis
Cost per day: (CAD)
12.96
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 473CAD incentive)
Remaining Km
Can be driven up to:
94.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

  • Name: LaTasha Amisial
  • Location: Montreal, QC
  • Date Contract Started:
  • Date Contract Ends:
Wear and tear protection up to 5,000$. Winter tires provided. Purchase price at end of lease: 16,402.88$. Coverage plan: "Gold" (roadside assistance, paintless dent removal, paint repair, interior protection, car rental benefit, key & keyless remote replacement).
Free useable kilometers: 60,000. Excess kilometer charge: 12 cents/km.

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