This Vehicle is Sold


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Vehicle Photos

Transfer Details

Hyundai Lease Takeover in Vaughan, ON: 2020 Hyundai Elantra Preferred SU Automatic AWD ID:#24399
SAVE ~7,000 CAD
CAD/month x 28 months
2020 Hyundai Elantra Preferred w/ Sun & Safety (ID: #24399)
336
Vaughan, ONCarFax Canada Accident Report
2020 Hyundai

Elantra Preferred w/ Sun & Safety Automatic AWD Wear & Tear Protect + 4 Installed Winter Tires and Warranty Complete Term

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 336 CAD/month + tax
  • Residual Value: 12,219 CAD
  • Months to End: 28 months (May, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 6,000 km total
  • Available Now: 23,143 km/year (1,929 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • 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

336.28CAD/monthin Vaughan, ON
    Before Taxes:
  • 336.28 CAD/month
  • 155.21 CAD/bi-weekly
  • 77.60 CAD/week
  • 4,035.36 CAD/year
Incl. Ontario Taxes (13%):
  • 380.00 CAD/month
  • 175.38 CAD/bi-weekly
  • 87.69 CAD/week
  • 4,559.96 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: 6,332 ~ 7,632 CAD

compared to leasing a BRAND NEW:

  • ELANTRA Preferred IVT with Sun and Tech Package ($1,500.00)
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 505
This Contract (CAD/month) 336
Monthly Difference 169 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 4,732 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,332 ~ 7,632

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,635 CAD
  • Total Vehicle Debt: 24,325 CAD
  • Paid so Far: 2,690 CAD (11% Paid)
  • Remaining Lease Payments: 9,416 CAD
  • Residual Value: 12,219 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,690 CAD Total Vehicle Value: 24,325 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,416 CAD
Term Paid so Far: 2,690 CAD Residual Value: 12,219 CAD
0%
11%
38%
51%
Cost to Own
Already Paid: 2,690 CAD (11%)
Cash Incentive: 0 CAD Buyout Price Today: 21,635 CAD
11% Paid
0%
89%
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: 21,635 CAD

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,868 CAD
  • Total Interest: 2,233 CAD
  • 8.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,793 CAD
  • Total Interest: 4,158 CAD
  • 14.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,849 CAD
  • Total Interest: 7,214 CAD

At the end of the Lease Contract

Residual Value: 12,219 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 281 CAD/month + tax
  • Total Payable: 13,480 CAD
  • Total Interest: 1,261 CAD
  • 8.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,568 CAD
  • Total Interest: 2,349 CAD
  • 14.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,293 CAD
  • Total Interest: 4,074 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)
17.44
  • + tax
  • + fuel
  • + insurance
(or 0.17CAD per km)
  • 20.18CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
11.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
445.05
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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