Payment Analysis
296.00CAD/monthin Toronto, ON
- 296.00 CAD/month
- 136.62 CAD/bi-weekly
- 68.31 CAD/week
- 3,552.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 334.48 CAD/month
- 154.38 CAD/bi-weekly
- 77.19 CAD/week
- 4,013.76 CAD/year
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:
4,012 ~ 5,312 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra GLS Automatic 2WD
- for 33 months
- in Ontario
- $0 down payment
- 28,000 km/year
| Leasing New (CAD/month) | 363 |
|---|---|
| This Contract (CAD/month) | 296 |
| Monthly Difference | 67 CAD/month |
| Remaining Term | x 36 months |
| Total Monthly Difference | = 2,412 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 4,012 ~ 5,312 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
18,188 CAD
- Total Vehicle Debt: 24,996 CAD
- Paid so Far: 6,808 CAD (27% Paid)
- Remaining Lease Payments: 10,656 CAD
- Residual Value: 7,532 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,808 CAD Total Vehicle Value: 24,996 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,656 CAD
Term Paid so Far: 6,808 CAD Residual Value: 7,532 CAD
Cost to Own
Already Paid: 6,808 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 18,188 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: 18,188 CAD
- 4.9%Interest Rate x 48 months
- 418 CAD/month + tax
- Total Payable: 20,066 CAD
- Total Interest: 1,878 CAD
- 8.9%Interest Rate x 48 months
- 452 CAD/month + tax
- Total Payable: 21,684 CAD
- Total Interest: 3,496 CAD
- 14.9%Interest Rate x 48 months
- 505 CAD/month + tax
- Total Payable: 24,253 CAD
- Total Interest: 6,065 CAD
At the end of the Lease Contract
Residual Value: 7,532 CAD (in 36 months)
- 4.9%Interest Rate x 48 months
- 173 CAD/month + tax
- Total Payable: 8,310 CAD
- Total Interest: 778 CAD
- 8.9%Interest Rate x 48 months
- 187 CAD/month + tax
- Total Payable: 8,980 CAD
- Total Interest: 1,448 CAD
- 14.9%Interest Rate x 48 months
- 209 CAD/month + tax
- Total Payable: 10,044 CAD
- Total Interest: 2,512 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)
16.06
- + tax
- + fuel
- + insurance
- 17.76CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
9.73
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
425.21
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2018)
Seller Contact Info
This Contract was Already Transferred.
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