Vehicle Photos
Transfer Details
SAVE ~6,000 CAD
CAD/month x 51 months
2023 KIA Sportage X Line Limited (ID: #45196)
550
Milton, ON
2023 KIA
Sportage X Line Limited Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 550 CAD/month + tax
- Original Downpayment: 5,000 CAD
- Residual Value: 23,000 CAD
- Months to End: 51 months (Sep, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 3,650 km total
- Available Now: 22,671 km/year (1,889 per month)
Deal Special Perks
Payment Analysis
550.00CAD/monthin Milton, ON
- 550.00 CAD/month
- 253.85 CAD/bi-weekly
- 126.92 CAD/week
- 6,600.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 621.50 CAD/month
- 286.85 CAD/bi-weekly
- 143.42 CAD/week
- 7,458.00 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:
5,594 ~ 6,494 CAD
compared to leasing a BRAND NEW:
- 2023 KIA Sportage X-Line Limited w/ Wear & Tear Coverage
- for 48 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 644 |
|---|---|
| This Contract (CAD/month) | 550 |
| Monthly Difference | 94 CAD/month |
| Remaining Term | x 51 months |
| Total Monthly Difference | = 4,794 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,594 ~ 6,494 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
51,050 CAD
- Total Vehicle Debt: 61,000 CAD
- Paid so Far: 9,950 CAD (16% Paid)
- Remaining Lease Payments: 28,050 CAD
- Residual Value: 23,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,950 CAD Total Vehicle Value: 61,000 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 28,050 CAD
Term Paid so Far: 4,950 CAD Residual Value: 23,000 CAD
Cost to Own
Already Paid: 9,950 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 51,050 CAD
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: 51,050 CAD
- 4.9%Interest Rate x 48 months
- 1,173 CAD/month + tax
- Total Payable: 56,320 CAD
- Total Interest: 5,270 CAD
- 8.9%Interest Rate x 48 months
- 1,268 CAD/month + tax
- Total Payable: 60,862 CAD
- Total Interest: 9,812 CAD
- 14.9%Interest Rate x 48 months
- 1,418 CAD/month + tax
- Total Payable: 68,072 CAD
- Total Interest: 17,022 CAD
At the end of the Lease Contract
Residual Value: 23,000 CAD (in 51 months)
- 4.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,374 CAD
- Total Interest: 2,374 CAD
- 8.9%Interest Rate x 48 months
- 571 CAD/month + tax
- Total Payable: 27,421 CAD
- Total Interest: 4,421 CAD
- 14.9%Interest Rate x 48 months
- 639 CAD/month + tax
- Total Payable: 30,669 CAD
- Total Interest: 7,669 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)
29.11
- + tax
- + fuel
- + insurance
- 33.00CAD/100km (Original Contract back in Sep, 2022)
Time Analysis
Cost per day: (CAD)
18.08
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
435.97
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2022)
Seller Contact Info
- Name: Abid Azam
- Location: Milton, ON
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
The car's fuel pump malfunctioned and was effectively replaced March 22, 2023.
I leased the car in October, 2022 and drive it lightly (> 800 km/month). The car's body and inside are in mint condition and there were no other problems aside from the fuel pump issue. I am looking to get out of the lease because I have decided I do not want to lease.
I paid a $5000 down payment to lower the monthly payment for this fully loaded car. I would like to recoup 70-80% of my down payment since the car is just over 6 months driven and in great condition. No cash incentives as I'm not in a rush to sell and am looking for an ideal buyer who wants to make a fair deal.
Happy to answer any questions.
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