This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 9,000 cash
SAVE ~11,000 CAD
CAD/month x 6 months
Transferred/Sold
2020 KIA Sedona LX (ID: #23947)
447
Toronto, ON
2020 KIA
Sedona LX Automatic 2WD w/ Winter Tires | FINANCE TAKEOVER | You own the vehicle at the end of the term
Payment Details
- Current Payment: 447 CAD/month + tax
- Cash Incentive: 9,000 CAD
- Payment After Incentive: -1,053 CAD/month + tax
- Residual Value: 1 CAD
- Months to End: 6 months (Oct, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 16,958 km total
- Available Now: 246,084 km/year (20,507 per month)
- Please note that this contract ends in less than a year.
Deal Special Perks
Payment Analysis
447.00CAD/monthin Toronto, ON
- 447.00 CAD/month
- 206.31 CAD/bi-weekly
- 103.15 CAD/week
- 5,364.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 505.11 CAD/month
- 233.13 CAD/bi-weekly
- 116.56 CAD/week
- 6,061.32 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:
10,802 ~ 11,202 CAD
compared to leasing a BRAND NEW:
- KIA Sedona LX (FINANCE TAKEOVER)
- for 60 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 614 |
|---|---|
| This Contract (CAD/month) | 447 |
| Monthly Difference | 167 CAD/month |
| Remaining Term | x 6 months |
| Total Monthly Difference | = 1,002 CAD |
| + Cash Incentive** (CAD) | + 9,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 10,802 ~ 11,202 |
| ** "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:
-6,317 CAD
- Total Vehicle Debt: 37,549 CAD
- Paid so Far: 34,866 CAD (92% Paid)
- Remaining Lease Payments: 2,682 CAD
- Residual Value: 1 CAD
- Cash Incentive: 9,000 CAD
Vehicle Debt & Value
Paid so far: 34,866 CAD Total Vehicle Value: 37,549 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,682 CAD
Term Paid so Far: 34,866 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 34,866 CAD (92%)
Cash Incentive: 9,000 CAD Buyout Price Today: -6,317 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: -6,317 CAD
- 4.9%Interest Rate x 48 months
- -145 CAD/month + tax
- Total Payable: -6,969 CAD
- Total Interest: -652 CAD
- 8.9%Interest Rate x 48 months
- -157 CAD/month + tax
- Total Payable: -7,531 CAD
- Total Interest: -1,214 CAD
- 14.9%Interest Rate x 48 months
- -175 CAD/month + tax
- Total Payable: -8,423 CAD
- Total Interest: -2,106 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 8.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 14.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 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)
-5.13
- + tax
- + fuel
- + insurance
- 2.18CAD/100km (TODAY without the Cash Incentive)
- 26.82CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
-34.62
- + tax
- + insurance
- + km driven & fuel
- 14.70CAD/day (Original Contract back in Oct, 2019)
Remaining Km
Can be driven up to:
4,732.38
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2019)
Seller Contact Info
This Contract was Already Transferred.
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