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:
19,198 ~ 20,498 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 43 months |
| Total Monthly Difference | = 16,598 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 19,198 ~ 20,498 |
| ** "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:
21,491 CAD
- Total Vehicle Debt: 20,521 CAD
- Paid so Far: -1,970 CAD (-10% Paid)
- Remaining Lease Payments: 12,101 CAD
- Residual Value: 10,390 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -1,970 CAD Total Vehicle Value: 20,521 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,101 CAD
Term Paid so Far: -1,970 CAD Residual Value: 10,390 CAD
Cost to Own
Already Paid: -1,970 CAD (-10%)
Cash Incentive: 1,000 CAD Buyout Price Today: 21,491 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: 21,491 CAD
- 4.9%Interest Rate x 48 months
- 494 CAD/month + tax
- Total Payable: 23,710 CAD
- Total Interest: 2,219 CAD
- 8.9%Interest Rate x 48 months
- 534 CAD/month + tax
- Total Payable: 25,622 CAD
- Total Interest: 4,131 CAD
- 14.9%Interest Rate x 48 months
- 597 CAD/month + tax
- Total Payable: 28,657 CAD
- Total Interest: 7,166 CAD
At the end of the Lease Contract
Residual Value: 10,390 CAD (in 43 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)
21.46
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
8.49
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
277.60
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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