This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 2,000 cash
Lease Transfer Hyundai Lease Takeover in Vancouver, BC: 2020 Hyundai Ultimate Automatic 2WD
SAVE ~6,100 CAD
CAD/month x 13 months
2020 Hyundai Elantra Ultimate (ID: #13827)
432
Vancouver, BC
2020 Hyundai

Elantra Ultimate Automatic 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 432 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 278 CAD/month + tax
  • Original Downpayment: 1,576 CAD
  • Residual Value: 11,558 CAD
  • Months to End: 13 months (Jan, 2023)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 2,000 km total
  • Available Now: 64,615 km/year (5,385 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

431.60CAD/monthin Vancouver, BC
    Before Taxes:
  • 431.60 CAD/month
  • 199.20 CAD/bi-weekly
  • 99.60 CAD/week
  • 5,179.20 CAD/year
Incl. B.C. Taxes (12%):
  • 483.39 CAD/month
  • 223.10 CAD/bi-weekly
  • 111.55 CAD/week
  • 5,800.70 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: 5,660 ~ 6,560 CAD

compared to leasing a BRAND NEW:

  • Hyundai ELANTRA Ultimate
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 651
This Contract (CAD/month) 432
Monthly Difference 220 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 2,860 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,660 ~ 6,560
** "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: 15,169 CAD
  • Total Vehicle Debt: 28,672 CAD
  • Paid so Far: 11,503 CAD (40% Paid)
  • Remaining Lease Payments: 5,611 CAD
  • Residual Value: 11,558 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 11,503 CAD Total Vehicle Value: 28,672 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 1,576 CAD Remaining Term: 5,611 CAD
Term Paid so Far: 9,927 CAD Residual Value: 11,558 CAD
5%
35%
19%
41%
Cost to Own
Already Paid: 11,503 CAD (40%)
Cash Incentive: 2,000 CAD Buyout Price Today: 15,169 CAD
40% Paid
6%
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: 15,169 CAD

  • 4.9%Interest Rate x 48 months
  • 349 CAD/month + tax
  • Total Payable: 16,735 CAD
  • Total Interest: 1,566 CAD
  • 8.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,084 CAD
  • Total Interest: 2,916 CAD
  • 14.9%Interest Rate x 48 months
  • 421 CAD/month + tax
  • Total Payable: 20,227 CAD
  • Total Interest: 5,058 CAD

At the end of the Lease Contract

Residual Value: 11,558 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 266 CAD/month + tax
  • Total Payable: 12,751 CAD
  • Total Interest: 1,193 CAD
  • 8.9%Interest Rate x 48 months
  • 287 CAD/month + tax
  • Total Payable: 13,779 CAD
  • Total Interest: 2,221 CAD
  • 14.9%Interest Rate x 48 months
  • 321 CAD/month + tax
  • Total Payable: 15,412 CAD
  • Total Interest: 3,854 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)
5.16
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 8.02CAD/100km (TODAY without the Cash Incentive)
  • 21.58CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
9.13
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 14.19CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
1,242.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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