Payment Analysis

325.00CAD/monthin Toronto, ON
    Before Taxes:
  • 325.00 CAD/month
  • 150.00 CAD/bi-weekly
  • 75.00 CAD/week
  • 3,900.00 CAD/year
Incl. Ontario Taxes (13%):
  • 367.25 CAD/month
  • 169.50 CAD/bi-weekly
  • 84.75 CAD/week
  • 4,407.00 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: 644 CAD

compared to leasing a BRAND NEW:

  • KONA Preferred Automatic 2WD Remote starter
  • for 36 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 353
This Contract (CAD/month) 325
Monthly Difference 28 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 644 CAD
Total Savings (CAD) = 644

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,159 CAD
  • Total Vehicle Debt: 27,284 CAD
  • Paid so Far: 8,125 CAD (29% Paid)
  • Remaining Lease Payments: 7,475 CAD
  • Residual Value: 11,684 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,125 CAD Total Vehicle Value: 27,284 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,475 CAD
Term Paid so Far: 8,125 CAD Residual Value: 11,684 CAD
0%
29%
27%
44%
Cost to Own
Already Paid: 8,125 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 19,159 CAD
29% Paid
0%
71%
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: 19,159 CAD

  • 4.9%Interest Rate x 48 months
  • 440 CAD/month + tax
  • Total Payable: 21,137 CAD
  • Total Interest: 1,978 CAD
  • 8.9%Interest Rate x 48 months
  • 476 CAD/month + tax
  • Total Payable: 22,841 CAD
  • Total Interest: 3,682 CAD
  • 14.9%Interest Rate x 48 months
  • 532 CAD/month + tax
  • Total Payable: 25,547 CAD
  • Total Interest: 6,388 CAD

At the end of the Lease Contract

Residual Value: 11,684 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,890 CAD
  • Total Interest: 1,206 CAD
  • 8.9%Interest Rate x 48 months
  • 290 CAD/month + tax
  • Total Payable: 13,929 CAD
  • Total Interest: 2,246 CAD
  • 14.9%Interest Rate x 48 months
  • 325 CAD/month + tax
  • Total Payable: 15,580 CAD
  • Total Interest: 3,896 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)
9.76
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 19.50CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
10.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
768.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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