This Vehicle is Sold
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Vehicle Photos
Transfer Details
SAVE ~1,000 CAD
CAD/month x 7 months
Transferred/Sold
2022 Hyundai Elantra (ID: #42478)
225
Ottawa, ON
2022 Hyundai
Elantra Automatic 2WD Preferred
Payment Details
- Current Payment: 225 CAD/month + tax
- Residual Value: 9,000 CAD
- Months to End: 7 months (Mar, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 75,429 km/year (6,286 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.12 CAD/km
Payment Analysis
225.00CAD/monthin Ottawa, ON
- 225.00 CAD/month
- 103.85 CAD/bi-weekly
- 51.92 CAD/week
- 2,700.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 254.25 CAD/month
- 117.35 CAD/bi-weekly
- 58.67 CAD/week
- 3,051.00 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:
1,015 CAD
compared to leasing a BRAND NEW:
- 2022 Hyundai Elantra Prefered
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 370 |
|---|---|
| This Contract (CAD/month) | 225 |
| Monthly Difference | 145 CAD/month |
| Remaining Term | x 7 months |
| Total Monthly Difference | = 1,015 CAD |
| Total Savings (CAD) | = 1,015 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
10,575 CAD
- Total Vehicle Debt: 17,100 CAD
- Paid so Far: 6,525 CAD (38% Paid)
- Remaining Lease Payments: 1,575 CAD
- Residual Value: 9,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,525 CAD Total Vehicle Value: 17,100 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,575 CAD
Term Paid so Far: 6,525 CAD Residual Value: 9,000 CAD
Cost to Own
Already Paid: 6,525 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 10,575 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: 10,575 CAD
- 4.9%Interest Rate x 48 months
- 243 CAD/month + tax
- Total Payable: 11,667 CAD
- Total Interest: 1,092 CAD
- 8.9%Interest Rate x 48 months
- 263 CAD/month + tax
- Total Payable: 12,608 CAD
- Total Interest: 2,033 CAD
- 14.9%Interest Rate x 48 months
- 294 CAD/month + tax
- Total Payable: 14,101 CAD
- Total Interest: 3,526 CAD
At the end of the Lease Contract
Residual Value: 9,000 CAD (in 7 months)
- 4.9%Interest Rate x 48 months
- 207 CAD/month + tax
- Total Payable: 9,929 CAD
- Total Interest: 929 CAD
- 8.9%Interest Rate x 48 months
- 224 CAD/month + tax
- Total Payable: 10,730 CAD
- Total Interest: 1,730 CAD
- 14.9%Interest Rate x 48 months
- 250 CAD/month + tax
- Total Payable: 12,001 CAD
- Total Interest: 3,001 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)
3.58
- + tax
- + fuel
- + insurance
- 13.50CAD/100km (Original Contract back in Mar, 2022)
Time Analysis
Cost per day: (CAD)
7.40
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,450.55
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2022)
Seller Contact Info
This Contract was Already Transferred.
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