Payment Analysis

306.74CAD/monthin Calgary, AB
    Before Taxes:
  • 306.74 CAD/month
  • 141.57 CAD/bi-weekly
  • 70.79 CAD/week
  • 3,680.88 CAD/year
Incl. Alberta Taxes (5%):
  • 322.08 CAD/month
  • 148.65 CAD/bi-weekly
  • 74.33 CAD/week
  • 3,864.92 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: 5,570 CAD

compared to leasing a BRAND NEW:

  • Hyundai ELANTRA Preferred with Sun and Safety package Auto IVT
  • for 24 months
  • in Alberta
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 511
This Contract (CAD/month) 307
Monthly Difference 205 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 4,920 CAD
+ Cash Incentive** (CAD) + 650
Total Savings (CAD) = 5,570
** "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: 20,576 CAD
  • Total Vehicle Debt: 23,987 CAD
  • Paid so Far: 2,761 CAD (11% Paid)
  • Remaining Lease Payments: 7,362 CAD
  • Residual Value: 13,864 CAD
  • Cash Incentive: 650 CAD
Vehicle Debt & Value
Paid so far: 2,761 CAD Total Vehicle Value: 23,987 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,362 CAD
Term Paid so Far: 2,761 CAD Residual Value: 13,864 CAD
0%
11%
30%
59%
Cost to Own
Already Paid: 2,761 CAD (11%)
Cash Incentive: 650 CAD Buyout Price Today: 20,576 CAD
11% Paid
2%
87%
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: 20,576 CAD

  • 4.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,700 CAD
  • Total Interest: 2,124 CAD
  • 8.9%Interest Rate x 48 months
  • 511 CAD/month + tax
  • Total Payable: 24,531 CAD
  • Total Interest: 3,955 CAD
  • 14.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,437 CAD
  • Total Interest: 6,861 CAD

At the end of the Lease Contract

Residual Value: 13,864 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,296 CAD
  • Total Interest: 1,431 CAD
  • 8.9%Interest Rate x 48 months
  • 344 CAD/month + tax
  • Total Payable: 16,529 CAD
  • Total Interest: 2,665 CAD
  • 14.9%Interest Rate x 48 months
  • 385 CAD/month + tax
  • Total Payable: 18,487 CAD
  • Total Interest: 4,623 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)
14.78
  • + tax
  • + fuel
  • + insurance
(inlcuding the 650CAD incentive)
Time Analysis
Cost per day: (CAD)
9.19
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 650CAD incentive)
Remaining Km
Can be driven up to:
436.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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