Vehicle Photos

Transfer Details

+ 2,500 cash
Lease Takeover Temporary Image
CAD/month x 55 months
2023 KIA Sportage EX Premium (ID: #47277)
582
Markham
2023 KIA

Sportage EX Premium Automatic AWD Premium

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 582 CAD/month + tax
  • Cash Incentive: 2,500 CAD
  • Payment After Incentive: 537 CAD/month + tax
  • Original Downpayment: 2,500 CAD
  • Residual Value: 20,733 CAD
  • Months to End: 55 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 750 km total
  • Available Now: 17,291 km/year (1,441 per month)

Payment Analysis

582.36CAD/monthin Markham
    Before Taxes:
  • 582.36 CAD/month
  • 268.78 CAD/bi-weekly
  • 134.39 CAD/week
  • 6,988.32 CAD/year
Incl. Ontario Taxes (13%):
  • 658.07 CAD/month
  • 303.72 CAD/bi-weekly
  • 151.86 CAD/week
  • 7,896.80 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 50,263 CAD
  • Total Vehicle Debt: 58,175 CAD
  • Paid so Far: 5,412 CAD (9% Paid)
  • Remaining Lease Payments: 32,030 CAD
  • Residual Value: 20,733 CAD
  • Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 5,412 CAD Total Vehicle Value: 58,175 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 32,030 CAD
Term Paid so Far: 2,912 CAD Residual Value: 20,733 CAD
4%
5%
55%
36%
Cost to Own
Already Paid: 5,412 CAD (9%)
Cash Incentive: 2,500 CAD Buyout Price Today: 50,263 CAD
9% Paid
4%
87%
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: 50,263 CAD

  • 4.9%Interest Rate x 48 months
  • 1,155 CAD/month + tax
  • Total Payable: 55,452 CAD
  • Total Interest: 5,189 CAD
  • 8.9%Interest Rate x 48 months
  • 1,248 CAD/month + tax
  • Total Payable: 59,924 CAD
  • Total Interest: 9,661 CAD
  • 14.9%Interest Rate x 48 months
  • 1,396 CAD/month + tax
  • Total Payable: 67,023 CAD
  • Total Interest: 16,760 CAD

At the end of the Lease Contract

Residual Value: 20,733 CAD (in 55 months)

  • 4.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,874 CAD
  • Total Interest: 2,140 CAD
  • 8.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,718 CAD
  • Total Interest: 3,985 CAD
  • 14.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,647 CAD
  • Total Interest: 6,913 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)
37.26
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,500CAD incentive)
  • 40.42CAD/100km (TODAY without the Cash Incentive)
  • 43.68CAD/100km (Original Contract back in Apr, 2023)
Time Analysis
Cost per day: (CAD)
17.65
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,500CAD incentive)
  • 19.15CAD/day (Original Contract back in Apr, 2023)
Remaining Km
Can be driven up to:
332.52
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Apr, 2023)

Seller Contact Info

  • Name: Ajay Kumar
  • Location: Markham
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to Make an OFFER

Brand new car just leased 2 months ago and need to get out of lease as I'm moving to US. please reach out and ready to negotiate with potential buyer. offering incentive to waive off down payment of $2500.

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