Payment Analysis
278.86CAD/monthin Toronto, ON
- 278.86 CAD/month
- 128.70 CAD/bi-weekly
- 64.35 CAD/week
- 3,346.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 315.11 CAD/month
- 145.44 CAD/bi-weekly
- 72.72 CAD/week
- 3,781.34 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:
6,794 ~ 7,694 CAD
compared to leasing a BRAND NEW:
- Kia Forte EX CVT
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 440 |
|---|---|
| This Contract (CAD/month) | 279 |
| Monthly Difference | 162 CAD/month |
| Remaining Term | x 37 months |
| Total Monthly Difference | = 5,994 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 6,794 ~ 7,694 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
22,476 CAD
- Total Vehicle Debt: 22,197 CAD
- Paid so Far: -279 CAD (-2% Paid)
- Remaining Lease Payments: 10,318 CAD
- Residual Value: 12,158 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -279 CAD Total Vehicle Value: 22,197 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,318 CAD
Term Paid so Far: -279 CAD Residual Value: 12,158 CAD
Cost to Own
Already Paid: -279 CAD (-2%)
Cash Incentive: 0 CAD Buyout Price Today: 22,476 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: 22,476 CAD
- 4.9%Interest Rate x 48 months
- 517 CAD/month + tax
- Total Payable: 24,796 CAD
- Total Interest: 2,320 CAD
- 8.9%Interest Rate x 48 months
- 558 CAD/month + tax
- Total Payable: 26,796 CAD
- Total Interest: 4,320 CAD
- 14.9%Interest Rate x 48 months
- 624 CAD/month + tax
- Total Payable: 29,971 CAD
- Total Interest: 7,494 CAD
At the end of the Lease Contract
Residual Value: 12,158 CAD (in 37 months)
- 4.9%Interest Rate x 48 months
- 279 CAD/month + tax
- Total Payable: 13,413 CAD
- Total Interest: 1,255 CAD
- 8.9%Interest Rate x 48 months
- 302 CAD/month + tax
- Total Payable: 14,495 CAD
- Total Interest: 2,337 CAD
- 14.9%Interest Rate x 48 months
- 338 CAD/month + tax
- Total Payable: 16,212 CAD
- Total Interest: 4,054 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)
28.35
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
9.17
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
227.03
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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