Payment Analysis

281.42CAD/monthin Ottawa, ON
    Before Taxes:
  • 281.42 CAD/month
  • 129.89 CAD/bi-weekly
  • 64.94 CAD/week
  • 3,377.04 CAD/year
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: 16,882 ~ 18,182 CAD

compared to leasing a BRAND NEW:

  • Hyundai ELANTRA Preferred
  • for 12 months
  • in Ontario
  • $0 down payment
  • 32,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 667
This Contract (CAD/month) 281
Monthly Difference 386 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 14,282 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 16,882 ~ 18,182
** "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: 19,803 CAD
  • Total Vehicle Debt: 20,521 CAD
  • Paid so Far: -281 CAD (-2% Paid)
  • Remaining Lease Payments: 10,413 CAD
  • Residual Value: 10,390 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -281 CAD Total Vehicle Value: 20,521 CAD
-2% Paid
102%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,413 CAD
Term Paid so Far: -281 CAD Residual Value: 10,390 CAD
0%
-2%
51%
51%
Cost to Own
Already Paid: -281 CAD (-2%)
Cash Incentive: 1,000 CAD Buyout Price Today: 19,803 CAD
-2% Paid
4%
98%
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: 19,803 CAD

  • 4.9%Interest Rate x 48 months
  • 455 CAD/month + tax
  • Total Payable: 21,847 CAD
  • Total Interest: 2,044 CAD
  • 8.9%Interest Rate x 48 months
  • 492 CAD/month + tax
  • Total Payable: 23,609 CAD
  • Total Interest: 3,806 CAD
  • 14.9%Interest Rate x 48 months
  • 550 CAD/month + tax
  • Total Payable: 26,406 CAD
  • Total Interest: 6,603 CAD

At the end of the Lease Contract

Residual Value: 10,390 CAD (in 37 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)
18.20
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
8.36
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
322.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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