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: 1,322 ~ 1,722 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 18 months
Total Monthly Difference = 522 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,322 ~ 1,722

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,755 CAD
  • Total Vehicle Debt: 27,493 CAD
  • Paid so Far: 8,738 CAD (31% Paid)
  • Remaining Lease Payments: 5,243 CAD
  • Residual Value: 13,512 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,738 CAD Total Vehicle Value: 27,493 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,243 CAD
Term Paid so Far: 8,738 CAD Residual Value: 13,512 CAD
0%
31%
19%
50%
Cost to Own
Already Paid: 8,738 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 18,755 CAD
31% Paid
0%
69%
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: 18,755 CAD

  • 4.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,691 CAD
  • Total Interest: 1,936 CAD
  • 8.9%Interest Rate x 48 months
  • 466 CAD/month + tax
  • Total Payable: 22,360 CAD
  • Total Interest: 3,605 CAD
  • 14.9%Interest Rate x 48 months
  • 521 CAD/month + tax
  • Total Payable: 25,009 CAD
  • Total Interest: 6,254 CAD

At the end of the Lease Contract

Residual Value: 13,512 CAD (in 18 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)
6.64
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 17.48CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
9.58
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,011.54
  • 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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