This Vehicle is Sold


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Vehicle Photos

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Transfer Details

+ 500 cash
Lease Takeover in Maple, ON: 2018 KIA Sedona LX Automatic 2WD
SAVE ~11,000 CAD
CAD/month x 40 months
2018 KIA Sedona LX (ID: #4267)
412
Maple, ON
2018 KIA

Sedona LX Automatic 2WD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 412 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 400 CAD/month + tax
  • Original Downpayment: 7,965 CAD
  • Residual Value: 13,462 CAD
  • Months to End: 40 months (Dec, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 23,403 km total
  • Available Now: 10,979 km/year (915 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Large Down Payment
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

412.29CAD/monthin Maple, ON
    Before Taxes:
  • 412.29 CAD/month
  • 190.29 CAD/bi-weekly
  • 95.14 CAD/week
  • 4,947.48 CAD/year
Incl. Ontario Taxes (13%):
  • 465.89 CAD/month
  • 215.03 CAD/bi-weekly
  • 107.51 CAD/week
  • 5,590.65 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

With this deal, you are saving: 10,340 ~ 11,640 CAD

compared to leasing a BRAND NEW:

  • KIA Sedona LX
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 619
This Contract (CAD/month) 412
Monthly Difference 206 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 8,240 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 10,340 ~ 11,640
** "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: 29,454 CAD
  • Total Vehicle Debt: 36,269 CAD
  • Paid so Far: 6,315 CAD (17% Paid)
  • Remaining Lease Payments: 16,492 CAD
  • Residual Value: 13,462 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 6,315 CAD Total Vehicle Value: 36,269 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 7,965 CAD Remaining Term: 16,492 CAD
Term Paid so Far: -1,649 CAD Residual Value: 13,462 CAD
21%
-4%
45%
38%
Cost to Own
Already Paid: 6,315 CAD (17%)
Cash Incentive: 500 CAD Buyout Price Today: 29,454 CAD
17% Paid
1%
82%
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: 29,454 CAD

  • 4.9%Interest Rate x 48 months
  • 677 CAD/month + tax
  • Total Payable: 32,495 CAD
  • Total Interest: 3,041 CAD
  • 8.9%Interest Rate x 48 months
  • 732 CAD/month + tax
  • Total Payable: 35,115 CAD
  • Total Interest: 5,661 CAD
  • 14.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,275 CAD
  • Total Interest: 9,821 CAD

At the end of the Lease Contract

Residual Value: 13,462 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 309 CAD/month + tax
  • Total Payable: 14,852 CAD
  • Total Interest: 1,390 CAD
  • 8.9%Interest Rate x 48 months
  • 334 CAD/month + tax
  • Total Payable: 16,050 CAD
  • Total Interest: 2,588 CAD
  • 14.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,951 CAD
  • Total Interest: 4,489 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)
43.70
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
13.14
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
211.14
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.