Payment Analysis
448.00CAD/monthin Hamilton, ON
- 448.00 CAD/month
- 206.77 CAD/bi-weekly
- 103.38 CAD/week
- 5,376.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 506.24 CAD/month
- 233.65 CAD/bi-weekly
- 116.82 CAD/week
- 6,074.88 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:
5,404 CAD
compared to leasing a BRAND NEW:
- KIA Sportage SX AWD (financing with Extended Warranty)
- for 60 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 502 |
|---|---|
| This Contract (CAD/month) | 448 |
| Monthly Difference | 54 CAD/month |
| Remaining Term | x 26 months |
| Total Monthly Difference | = 1,404 CAD |
| + Cash Incentive** (CAD) | + 4,000 |
| Total Savings (CAD) | = 5,404 |
| ** "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:
7,649 CAD
- Total Vehicle Debt: 37,633 CAD
- Paid so Far: 25,984 CAD (69% Paid)
- Remaining Lease Payments: 11,648 CAD
- Residual Value: 1 CAD
- Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 25,984 CAD Total Vehicle Value: 37,633 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,648 CAD
Term Paid so Far: 25,984 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 25,984 CAD (69%)
Cash Incentive: 4,000 CAD Buyout Price Today: 7,649 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: 7,649 CAD
- 4.9%Interest Rate x 48 months
- 176 CAD/month + tax
- Total Payable: 8,439 CAD
- Total Interest: 790 CAD
- 8.9%Interest Rate x 48 months
- 190 CAD/month + tax
- Total Payable: 9,119 CAD
- Total Interest: 1,470 CAD
- 14.9%Interest Rate x 48 months
- 212 CAD/month + tax
- Total Payable: 10,200 CAD
- Total Interest: 2,551 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 26 months)
- 4.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 8.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 14.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 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)
5.75
- + tax
- + fuel
- + insurance
- 8.76CAD/100km (TODAY without the Cash Incentive)
- 13.44CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
9.67
- + tax
- + insurance
- + km driven & fuel
- 14.73CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
1,180.47
- km/week
- without any
- additional costs
- 769.23km/week (Contract Original back in Jul, 2019)
Seller Contact Info
This Contract was Already Transferred.
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