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Transfer Details

Hyundai Lease Takeover in Ottawa: 2022 Hyundai Elantra 2022 Automatic 2WD ID:#42478
SAVE ~4,200 CAD
CAD/month x 29 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: 29 months (Mar, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 18,207 km/year (1,517 per month)
  • 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

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: 4,205 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 29 months
Total Monthly Difference = 4,205 CAD
Total Savings (CAD) = 4,205

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,525 CAD
  • Total Vehicle Debt: 17,100 CAD
  • Paid so Far: 1,575 CAD (9% Paid)
  • Remaining Lease Payments: 6,525 CAD
  • Residual Value: 9,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 1,575 CAD Total Vehicle Value: 17,100 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,525 CAD
Term Paid so Far: 1,575 CAD Residual Value: 9,000 CAD
0%
9%
38%
53%
Cost to Own
Already Paid: 1,575 CAD (9%)
Cash Incentive: 0 CAD Buyout Price Today: 15,525 CAD
9% Paid
0%
91%
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: 15,525 CAD

  • 4.9%Interest Rate x 48 months
  • 357 CAD/month + tax
  • Total Payable: 17,128 CAD
  • Total Interest: 1,603 CAD
  • 8.9%Interest Rate x 48 months
  • 386 CAD/month + tax
  • Total Payable: 18,509 CAD
  • Total Interest: 2,984 CAD
  • 14.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,702 CAD
  • Total Interest: 5,177 CAD

At the end of the Lease Contract

Residual Value: 9,000 CAD (in 29 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)
14.83
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
Time Analysis
Cost per day: (CAD)
7.40
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
350.13
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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