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Vehicle Photos

Transfer Details

Lease Transfer Hyundai Lease Takeover in Montréal, QC: 2020 Hyundai VENUE ULTIMATE Automatic 2WD
SAVE ~1,200 CAD
CAD/month x 7 months
2020 Hyundai VENUE ULTIMATE (ID: #22359)
291
Montréal, QC
2020 Hyundai

VENUE ULTIMATE Automatic 2WD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 291 CAD/month + tax
  • Residual Value: 13,512 CAD
  • Months to End: 7 months (Nov, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 1,100 km total
  • Available Now: 135,257 km/year (11,271 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km

Payment Analysis

291.27CAD/monthin Montréal, QC
    Before Taxes:
  • 291.27 CAD/month
  • 134.43 CAD/bi-weekly
  • 67.22 CAD/week
  • 3,495.24 CAD/year
Incl. Québec Taxes (14.98%):
  • 334.90 CAD/month
  • 154.57 CAD/bi-weekly
  • 77.29 CAD/week
  • 4,018.83 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: 1,003 ~ 1,403 CAD

compared to leasing a BRAND NEW:

  • Hyundai VENUE ULTIMATE Automatic 2WD
  • for 48 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 320
This Contract (CAD/month) 291
Monthly Difference 29 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 203 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,003 ~ 1,403

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,551 CAD
  • Total Vehicle Debt: 27,493 CAD
  • Paid so Far: 11,942 CAD (43% Paid)
  • Remaining Lease Payments: 2,039 CAD
  • Residual Value: 13,512 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,942 CAD Total Vehicle Value: 27,493 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,039 CAD
Term Paid so Far: 11,942 CAD Residual Value: 13,512 CAD
0%
43%
7%
50%
Cost to Own
Already Paid: 11,942 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 15,551 CAD
43% Paid
0%
57%
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: 15,551 CAD

  • 4.9%Interest Rate x 48 months
  • 357 CAD/month + tax
  • Total Payable: 17,156 CAD
  • Total Interest: 1,605 CAD
  • 8.9%Interest Rate x 48 months
  • 386 CAD/month + tax
  • Total Payable: 18,540 CAD
  • Total Interest: 2,989 CAD
  • 14.9%Interest Rate x 48 months
  • 432 CAD/month + tax
  • Total Payable: 20,736 CAD
  • Total Interest: 5,185 CAD

At the end of the Lease Contract

Residual Value: 13,512 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 311 CAD/month + tax
  • Total Payable: 14,907 CAD
  • Total Interest: 1,395 CAD
  • 8.9%Interest Rate x 48 months
  • 336 CAD/month + tax
  • Total Payable: 16,109 CAD
  • Total Interest: 2,597 CAD
  • 14.9%Interest Rate x 48 months
  • 375 CAD/month + tax
  • Total Payable: 18,017 CAD
  • Total Interest: 4,505 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)
2.58
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 17.48CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
9.58
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,601.10
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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