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Transfer Details

Hyundai Lease Takeover in Ottawa, ON: 2018 Hyundai Sonata 2.4 sport Automatic 2WD
SAVE ~5,700 CAD
CAD/month x 25 months
2018 Hyundai Sonata 2.4 sport (ID: #13028)
302
Ottawa, ON
2018 Hyundai

Sonata 2.4 sport Automatic 2WD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 302 CAD/month + tax
  • Residual Value: 9,300 CAD
  • Months to End: 25 months (May, 2023)
Vehicle Status
  • Contract Allowance: 65,000 km/year
  • Current Odometer: 86,100 km total
  • Available Now: 114,672 km/year (9,556 per month)
Deal Special Perks
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

301.50CAD/monthin Ottawa, ON
    Before Taxes:
  • 301.50 CAD/month
  • 139.15 CAD/bi-weekly
  • 69.58 CAD/week
  • 3,618.00 CAD/year
Incl. Ontario Taxes (13%):
  • 340.70 CAD/month
  • 157.24 CAD/bi-weekly
  • 78.62 CAD/week
  • 4,088.34 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: 5,500 ~ 5,900 CAD

compared to leasing a BRAND NEW:

  • Hyundai Sonata
  • for 39 months
  • in Ontario
  • $0 down payment
  • 36,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 489
This Contract (CAD/month) 302
Monthly Difference 188 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 4,700 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,500 ~ 5,900

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,838 CAD
  • Total Vehicle Debt: 27,390 CAD
  • Paid so Far: 10,553 CAD (38% Paid)
  • Remaining Lease Payments: 7,538 CAD
  • Residual Value: 9,300 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,553 CAD Total Vehicle Value: 27,390 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,538 CAD
Term Paid so Far: 10,553 CAD Residual Value: 9,300 CAD
0%
38%
27%
35%
Cost to Own
Already Paid: 10,553 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 16,838 CAD
38% Paid
0%
62%
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: 16,838 CAD

  • 4.9%Interest Rate x 48 months
  • 387 CAD/month + tax
  • Total Payable: 18,576 CAD
  • Total Interest: 1,738 CAD
  • 8.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,074 CAD
  • Total Interest: 3,236 CAD
  • 14.9%Interest Rate x 48 months
  • 468 CAD/month + tax
  • Total Payable: 22,452 CAD
  • Total Interest: 5,614 CAD

At the end of the Lease Contract

Residual Value: 9,300 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 214 CAD/month + tax
  • Total Payable: 10,260 CAD
  • Total Interest: 960 CAD
  • 8.9%Interest Rate x 48 months
  • 231 CAD/month + tax
  • Total Payable: 11,087 CAD
  • Total Interest: 1,787 CAD
  • 14.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,401 CAD
  • Total Interest: 3,101 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)
3.16
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 5.57CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
9.91
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,205.23
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in May, 2018)

Seller Contact Info

This Contract was Already Transferred.

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