Payment Analysis
291.38CAD/monthin Ottawa, ON
- 291.38 CAD/month
- 134.48 CAD/bi-weekly
- 67.24 CAD/week
- 3,496.56 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 329.26 CAD/month
- 151.97 CAD/bi-weekly
- 75.98 CAD/week
- 3,951.11 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:
2,205 ~ 3,505 CAD
compared to leasing a BRAND NEW:
- Kia Rio 5-door EX
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 346 |
|---|---|
| This Contract (CAD/month) | 291 |
| Monthly Difference | 55 CAD/month |
| Remaining Term | x 11 months |
| Total Monthly Difference | = 605 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,205 ~ 3,505 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,979 CAD
- Total Vehicle Debt: 23,760 CAD
- Paid so Far: 10,781 CAD (45% Paid)
- Remaining Lease Payments: 3,205 CAD
- Residual Value: 9,774 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,781 CAD Total Vehicle Value: 23,760 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,205 CAD
Term Paid so Far: 10,781 CAD Residual Value: 9,774 CAD
Cost to Own
Already Paid: 10,781 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 12,979 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: 12,979 CAD
- 4.9%Interest Rate x 48 months
- 298 CAD/month + tax
- Total Payable: 14,319 CAD
- Total Interest: 1,340 CAD
- 8.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,474 CAD
- Total Interest: 2,495 CAD
- 14.9%Interest Rate x 48 months
- 361 CAD/month + tax
- Total Payable: 17,307 CAD
- Total Interest: 4,328 CAD
At the end of the Lease Contract
Residual Value: 9,774 CAD (in 11 months)
- 4.9%Interest Rate x 48 months
- 225 CAD/month + tax
- Total Payable: 10,783 CAD
- Total Interest: 1,009 CAD
- 8.9%Interest Rate x 48 months
- 243 CAD/month + tax
- Total Payable: 11,652 CAD
- Total Interest: 1,879 CAD
- 14.9%Interest Rate x 48 months
- 272 CAD/month + tax
- Total Payable: 13,033 CAD
- Total Interest: 3,259 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)
5.72
- + tax
- + fuel
- + insurance
- 17.48CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
9.58
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,174.83
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2019)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Ottawa
2023 Tesla
Standard Range Plus Automatique 2WD
Payment Details
- Current Payment: 702 CAD/month + tax
- Months to End: 33 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 20,000 km total
- Available Now: 21,818 km/year (1,818 per month)
- Excess Km Cost: 0.15 CAD/km
