Payment Analysis
600.00CAD/monthin Kitchener, ON
- 600.00 CAD/month
- 276.92 CAD/bi-weekly
- 138.46 CAD/week
- 7,200.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 678.00 CAD/month
- 312.92 CAD/bi-weekly
- 156.46 CAD/week
- 8,136.00 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:
2,584 CAD
compared to leasing a BRAND NEW:
- KIA Sorento EX+ AWD
- for 39 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 736 |
---|---|
This Contract (CAD/month) | 600 |
Monthly Difference | 136 CAD/month |
Remaining Term | x 19 months |
Total Monthly Difference | = 2,584 CAD |
Total Savings (CAD) | = 2,584 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
33,900 CAD
- Total Vehicle Debt: 50,700 CAD
- Paid so Far: 16,800 CAD (33% Paid)
- Remaining Lease Payments: 11,400 CAD
- Residual Value: 22,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,800 CAD Total Vehicle Value: 50,700 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,400 CAD
Term Paid so Far: 16,800 CAD Residual Value: 22,500 CAD
Cost to Own
Already Paid: 16,800 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 33,900 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: 33,900 CAD
- 4.9%Interest Rate x 48 months
- 779 CAD/month + tax
- Total Payable: 37,400 CAD
- Total Interest: 3,500 CAD
- 8.9%Interest Rate x 48 months
- 842 CAD/month + tax
- Total Payable: 40,416 CAD
- Total Interest: 6,516 CAD
- 14.9%Interest Rate x 48 months
- 942 CAD/month + tax
- Total Payable: 45,204 CAD
- Total Interest: 11,304 CAD
At the end of the Lease Contract
Residual Value: 22,500 CAD (in 19 months)
- 4.9%Interest Rate x 48 months
- 517 CAD/month + tax
- Total Payable: 24,823 CAD
- Total Interest: 2,323 CAD
- 8.9%Interest Rate x 48 months
- 559 CAD/month + tax
- Total Payable: 26,825 CAD
- Total Interest: 4,325 CAD
- 14.9%Interest Rate x 48 months
- 625 CAD/month + tax
- Total Payable: 30,002 CAD
- Total Interest: 7,502 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)
22.50
- + tax
- + fuel
- + insurance
- 45.00CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
19.73
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
615.38
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Dec, 2019)
Seller Contact Info
This Contract was Already Transferred.
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