Payment Analysis
192.45CAD/monthin Vaughan, ON
- 192.45 CAD/month
- 88.82 CAD/bi-weekly
- 44.41 CAD/week
- 2,309.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 217.47 CAD/month
- 100.37 CAD/bi-weekly
- 50.19 CAD/week
- 2,609.62 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:
6,548 ~ 7,848 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra Prefered
- for 24 months
- in Ontario
- $0 down payment
- 32,000 km/year
| Leasing New (CAD/month) | 476 |
|---|---|
| This Contract (CAD/month) | 192 |
| Monthly Difference | 284 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 6,248 CAD |
| - Required Payment** (CAD) | - 1,300 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 6,548 ~ 7,848 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
14,902 CAD
- Total Vehicle Debt: 22,798 CAD
- Paid so Far: 9,196 CAD (40% Paid)
- Remaining Lease Payments: 4,234 CAD
- Residual Value: 9,368 CAD
- Required Payment: 1,300 CAD
Vehicle Debt & Value
Paid so far: 9,196 CAD Total Vehicle Value: 22,798 CAD
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 4,234 CAD
Term Paid so Far: 5,196 CAD Residual Value: 9,368 CAD
Cost to Own
Already Paid: 9,196 CAD (40%)
Required Payment: 1,300 CAD (5%)Buyout Price Today: 14,902 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: 14,902 CAD
- 4.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,440 CAD
- Total Interest: 1,538 CAD
- 8.9%Interest Rate x 48 months
- 370 CAD/month + tax
- Total Payable: 17,766 CAD
- Total Interest: 2,864 CAD
- 14.9%Interest Rate x 48 months
- 414 CAD/month + tax
- Total Payable: 19,870 CAD
- Total Interest: 4,969 CAD
At the end of the Lease Contract
Residual Value: 9,368 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 215 CAD/month + tax
- Total Payable: 10,335 CAD
- Total Interest: 967 CAD
- 8.9%Interest Rate x 48 months
- 233 CAD/month + tax
- Total Payable: 11,168 CAD
- Total Interest: 1,801 CAD
- 14.9%Interest Rate x 48 months
- 260 CAD/month + tax
- Total Payable: 12,491 CAD
- Total Interest: 3,124 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)
9.92
- + tax
- + fuel
- + insurance
- 7.59CAD/100km (TODAY without the Cash Incentive)
- 9.62CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
8.27
- + tax
- + insurance
- + km driven & fuel
- 6.33CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
585.31
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in May, 2018)
Seller Contact Info
This Contract was Already Transferred.
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