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Transfer Details

Hyundai Lease Takeover in Ottawa: 2022 Hyundai Elantra 2022 Automatic 2WD ID:#42478
SAVE ~100 CAD
CAD/month x 1 months
2022 Hyundai Elantra (ID: #42478)
225
Ottawa, ON
2022 Hyundai

Elantra Automatic 2WD Preferred

  • Warranty Complete Term
Payment Details
  • Current Payment: 225 CAD/month + tax
  • Residual Value: 9,000 CAD
  • Months to End: 1 months (Mar, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 528,000 km/year (44,000 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km

Payment Analysis

225.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 225.00 CAD/month
  • 103.85 CAD/bi-weekly
  • 51.92 CAD/week
  • 2,700.00 CAD/year
Incl. Ontario Taxes (13%):
  • 254.25 CAD/month
  • 117.35 CAD/bi-weekly
  • 58.67 CAD/week
  • 3,051.00 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: 145 CAD

compared to leasing a BRAND NEW:

  • 2022 Hyundai Elantra Prefered
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 370
This Contract (CAD/month) 225
Monthly Difference 145 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 145 CAD
Total Savings (CAD) = 145

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 9,225 CAD
  • Total Vehicle Debt: 17,100 CAD
  • Paid so Far: 7,875 CAD (46% Paid)
  • Remaining Lease Payments: 225 CAD
  • Residual Value: 9,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,875 CAD Total Vehicle Value: 17,100 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 225 CAD
Term Paid so Far: 7,875 CAD Residual Value: 9,000 CAD
0%
46%
1%
53%
Cost to Own
Already Paid: 7,875 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 9,225 CAD
46% Paid
0%
54%
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: 9,225 CAD

  • 4.9%Interest Rate x 48 months
  • 212 CAD/month + tax
  • Total Payable: 10,177 CAD
  • Total Interest: 952 CAD
  • 8.9%Interest Rate x 48 months
  • 229 CAD/month + tax
  • Total Payable: 10,998 CAD
  • Total Interest: 1,773 CAD
  • 14.9%Interest Rate x 48 months
  • 256 CAD/month + tax
  • Total Payable: 12,301 CAD
  • Total Interest: 3,076 CAD

At the end of the Lease Contract

Residual Value: 9,000 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 207 CAD/month + tax
  • Total Payable: 9,929 CAD
  • Total Interest: 929 CAD
  • 8.9%Interest Rate x 48 months
  • 224 CAD/month + tax
  • Total Payable: 10,730 CAD
  • Total Interest: 1,730 CAD
  • 14.9%Interest Rate x 48 months
  • 250 CAD/month + tax
  • Total Payable: 12,001 CAD
  • Total Interest: 3,001 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)
0.51
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 13.50CAD/100km (Original Contract back in Mar, 2022)
Time Analysis
Cost per day: (CAD)
7.40
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
10,153.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Mar, 2022)

Seller Contact Info

This Contract was Already Transferred.

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