Payment Analysis
272.92CAD/monthin Mississauga, ON
- 272.92 CAD/month
- 125.96 CAD/bi-weekly
- 62.98 CAD/week
- 3,275.04 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 308.40 CAD/month
- 142.34 CAD/bi-weekly
- 71.17 CAD/week
- 3,700.80 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:
1,878 ~ 2,778 CAD
compared to leasing a BRAND NEW:
- Hyundai ELANTRA Preferred with Sun and Safety package Auto IVT
- for 39 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 321 |
|---|---|
| This Contract (CAD/month) | 273 |
| Monthly Difference | 49 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 1,078 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,878 ~ 2,778 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
17,956 CAD
- Total Vehicle Debt: 25,052 CAD
- Paid so Far: 7,096 CAD (28% Paid)
- Remaining Lease Payments: 6,004 CAD
- Residual Value: 11,952 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,096 CAD Total Vehicle Value: 25,052 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,004 CAD
Term Paid so Far: 7,096 CAD Residual Value: 11,952 CAD
Cost to Own
Already Paid: 7,096 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 17,956 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: 17,956 CAD
- 4.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,810 CAD
- Total Interest: 1,854 CAD
- 8.9%Interest Rate x 48 months
- 446 CAD/month + tax
- Total Payable: 21,408 CAD
- Total Interest: 3,451 CAD
- 14.9%Interest Rate x 48 months
- 499 CAD/month + tax
- Total Payable: 23,944 CAD
- Total Interest: 5,987 CAD
At the end of the Lease Contract
Residual Value: 11,952 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 275 CAD/month + tax
- Total Payable: 13,186 CAD
- Total Interest: 1,234 CAD
- 8.9%Interest Rate x 48 months
- 297 CAD/month + tax
- Total Payable: 14,249 CAD
- Total Interest: 2,297 CAD
- 14.9%Interest Rate x 48 months
- 332 CAD/month + tax
- Total Payable: 15,937 CAD
- Total Interest: 3,985 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)
8.18
- + tax
- + fuel
- + insurance
- 16.38CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
8.97
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
769.67
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2019)
Seller Contact Info
This Contract was Already Transferred.
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