Payment Analysis
281.42CAD/monthin Ottawa, ON
- 281.42 CAD/month
- 129.89 CAD/bi-weekly
- 64.94 CAD/week
- 3,377.04 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 318.00 CAD/month
- 146.77 CAD/bi-weekly
- 73.39 CAD/week
- 3,816.06 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:
11,092 ~ 12,392 CAD
compared to leasing a BRAND NEW:
- Hyundai ELANTRA Preferred
- for 12 months
- in Ontario
- $0 down payment
- 32,000 km/year
| Leasing New (CAD/month) | 667 |
|---|---|
| This Contract (CAD/month) | 281 |
| Monthly Difference | 386 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 8,492 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 11,092 ~ 12,392 |
| ** "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:
15,581 CAD
- Total Vehicle Debt: 20,521 CAD
- Paid so Far: 3,940 CAD (19% Paid)
- Remaining Lease Payments: 6,191 CAD
- Residual Value: 10,390 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 3,940 CAD Total Vehicle Value: 20,521 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,191 CAD
Term Paid so Far: 3,940 CAD Residual Value: 10,390 CAD
Cost to Own
Already Paid: 3,940 CAD (19%)
Cash Incentive: 1,000 CAD Buyout Price Today: 15,581 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: 15,581 CAD
- 4.9%Interest Rate x 48 months
- 358 CAD/month + tax
- Total Payable: 17,190 CAD
- Total Interest: 1,608 CAD
- 8.9%Interest Rate x 48 months
- 387 CAD/month + tax
- Total Payable: 18,576 CAD
- Total Interest: 2,995 CAD
- 14.9%Interest Rate x 48 months
- 433 CAD/month + tax
- Total Payable: 20,777 CAD
- Total Interest: 5,195 CAD
At the end of the Lease Contract
Residual Value: 10,390 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 239 CAD/month + tax
- Total Payable: 11,463 CAD
- Total Interest: 1,073 CAD
- 8.9%Interest Rate x 48 months
- 258 CAD/month + tax
- Total Payable: 12,387 CAD
- Total Interest: 1,997 CAD
- 14.9%Interest Rate x 48 months
- 289 CAD/month + tax
- Total Payable: 13,854 CAD
- Total Interest: 3,464 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)
10.04
- + tax
- + fuel
- + insurance
- 11.97CAD/100km (TODAY without the Cash Incentive)
- 14.07CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
7.76
- + tax
- + insurance
- + km driven & fuel
- 9.25CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
542.59
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in May, 2019)
Seller Contact Info
This Contract was Already Transferred.
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Payment Details
- Current Payment: 968 CAD/month + tax
- Original Downpayment: 1,192 CAD
- Months to End: 25 months (May, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 6,203 km total
- Available Now: 27,743 km/year (2,312 per month)
- Excess Km Cost: 0.15 CAD/km
