Payment Analysis

366.52CAD/monthin Brossard, Quebec
    Before Taxes:
  • 366.52 CAD/month
  • 169.16 CAD/bi-weekly
  • 84.58 CAD/week
  • 4,398.24 CAD/year
Incl. Québec Taxes (14.98%):
  • 421.42 CAD/month
  • 194.50 CAD/bi-weekly
  • 97.25 CAD/week
  • 5,057.10 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: 1,038 ~ 2,338 CAD

compared to leasing a BRAND NEW:

  • Hyundai KONA Luxury AWD
  • for 36 months
  • in Québec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 433
This Contract (CAD/month) 367
Monthly Difference 67 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 938 CAD
- Required Payment** (CAD) - 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,038 ~ 2,338
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,131 CAD
  • Total Vehicle Debt: 33,491 CAD
  • Paid so Far: 16,860 CAD (50% Paid)
  • Remaining Lease Payments: 5,131 CAD
  • Residual Value: 11,500 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 16,860 CAD Total Vehicle Value: 33,491 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,131 CAD
Term Paid so Far: 16,860 CAD Residual Value: 11,500 CAD
0%
50%
15%
35%
Cost to Own
Already Paid: 16,860 CAD (50%)
Required Payment: 1,500 CAD (4%)Buyout Price Today: 18,131 CAD
46% Paid
4%
50%
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: 18,131 CAD

  • 4.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,003 CAD
  • Total Interest: 1,872 CAD
  • 8.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,616 CAD
  • Total Interest: 3,485 CAD
  • 14.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,177 CAD
  • Total Interest: 6,046 CAD

At the end of the Lease Contract

Residual Value: 11,500 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,687 CAD
  • Total Interest: 1,187 CAD
  • 8.9%Interest Rate x 48 months
  • 286 CAD/month + tax
  • Total Payable: 13,710 CAD
  • Total Interest: 2,210 CAD
  • 14.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,335 CAD
  • Total Interest: 3,835 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)
9.41
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 7.28CAD/100km (TODAY without the Cash Incentive)
  • 27.49CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
15.57
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 12.05CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
1,162.09
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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