Payment Analysis

291.27CAD/monthin Montréal, QC
    Before Taxes:
  • 291.27 CAD/month
  • 134.43 CAD/bi-weekly
  • 67.22 CAD/week
  • 3,495.24 CAD/year
Incl. Québec Taxes (14.98%):
  • 334.90 CAD/month
  • 154.57 CAD/bi-weekly
  • 77.29 CAD/week
  • 4,018.83 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: 1,264 ~ 1,664 CAD

compared to leasing a BRAND NEW:

  • Hyundai VENUE ULTIMATE Automatic 2WD
  • for 48 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 320
This Contract (CAD/month) 291
Monthly Difference 29 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 464 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,264 ~ 1,664

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,172 CAD
  • Total Vehicle Debt: 27,493 CAD
  • Paid so Far: 9,321 CAD (33% Paid)
  • Remaining Lease Payments: 4,660 CAD
  • Residual Value: 13,512 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,321 CAD Total Vehicle Value: 27,493 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,660 CAD
Term Paid so Far: 9,321 CAD Residual Value: 13,512 CAD
0%
33%
17%
50%
Cost to Own
Already Paid: 9,321 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 18,172 CAD
33% Paid
0%
67%
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: 18,172 CAD

  • 4.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,048 CAD
  • Total Interest: 1,876 CAD
  • 8.9%Interest Rate x 48 months
  • 451 CAD/month + tax
  • Total Payable: 21,665 CAD
  • Total Interest: 3,493 CAD
  • 14.9%Interest Rate x 48 months
  • 505 CAD/month + tax
  • Total Payable: 24,232 CAD
  • Total Interest: 6,059 CAD

At the end of the Lease Contract

Residual Value: 13,512 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 311 CAD/month + tax
  • Total Payable: 14,907 CAD
  • Total Interest: 1,395 CAD
  • 8.9%Interest Rate x 48 months
  • 336 CAD/month + tax
  • Total Payable: 16,109 CAD
  • Total Interest: 2,597 CAD
  • 14.9%Interest Rate x 48 months
  • 375 CAD/month + tax
  • Total Payable: 18,017 CAD
  • Total Interest: 4,505 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)
5.91
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 17.48CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
9.58
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,137.98
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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