Payment Analysis
328.24CAD/monthin Halifax, NS
- 328.24 CAD/month
- 151.50 CAD/bi-weekly
- 75.75 CAD/week
- 3,938.88 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 377.48 CAD/month
- 174.22 CAD/bi-weekly
- 87.11 CAD/week
- 4,529.71 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:
3,430 ~ 4,730 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra Ultimate Automatic 2WD
- for 33 months
- in NS
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 393 |
|---|---|
| This Contract (CAD/month) | 328 |
| Monthly Difference | 65 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 1,430 CAD |
| + Cash Incentive** (CAD) | + 400 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,430 ~ 4,730 |
| ** "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:
20,418 CAD
- Total Vehicle Debt: 29,024 CAD
- Paid so Far: 8,206 CAD (28% Paid)
- Remaining Lease Payments: 7,221 CAD
- Residual Value: 13,597 CAD
- Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 8,206 CAD Total Vehicle Value: 29,024 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,221 CAD
Term Paid so Far: 8,206 CAD Residual Value: 13,597 CAD
Cost to Own
Already Paid: 8,206 CAD (28%)
Cash Incentive: 400 CAD Buyout Price Today: 20,418 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: 20,418 CAD
- 4.9%Interest Rate x 48 months
- 469 CAD/month + tax
- Total Payable: 22,526 CAD
- Total Interest: 2,108 CAD
- 8.9%Interest Rate x 48 months
- 507 CAD/month + tax
- Total Payable: 24,343 CAD
- Total Interest: 3,924 CAD
- 14.9%Interest Rate x 48 months
- 567 CAD/month + tax
- Total Payable: 27,227 CAD
- Total Interest: 6,808 CAD
At the end of the Lease Contract
Residual Value: 13,597 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 313 CAD/month + tax
- Total Payable: 15,001 CAD
- Total Interest: 1,404 CAD
- 8.9%Interest Rate x 48 months
- 338 CAD/month + tax
- Total Payable: 16,211 CAD
- Total Interest: 2,613 CAD
- 14.9%Interest Rate x 48 months
- 378 CAD/month + tax
- Total Payable: 18,131 CAD
- Total Interest: 4,534 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)
12.11
- + tax
- + fuel
- + insurance
- 12.82CAD/100km (TODAY without the Cash Incentive)
- 24.62CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
10.19
- + tax
- + insurance
- + km driven & fuel
- 10.79CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
590.73
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Nov, 2019)
Seller Contact Info
This Contract was Already Transferred.
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