Payment Analysis
447.00CAD/monthin Toronto, ON
- 447.00 CAD/month
- 206.31 CAD/bi-weekly
- 103.15 CAD/week
- 5,364.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 505.11 CAD/month
- 233.13 CAD/bi-weekly
- 116.56 CAD/week
- 6,061.32 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:
12,138 ~ 12,538 CAD
compared to leasing a BRAND NEW:
- KIA Sedona LX (FINANCE TAKEOVER)
- for 60 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 614 |
|---|---|
| This Contract (CAD/month) | 447 |
| Monthly Difference | 167 CAD/month |
| Remaining Term | x 14 months |
| Total Monthly Difference | = 2,338 CAD |
| + Cash Incentive** (CAD) | + 9,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 12,138 ~ 12,538 |
| ** "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:
-2,741 CAD
- Total Vehicle Debt: 37,549 CAD
- Paid so Far: 31,290 CAD (83% Paid)
- Remaining Lease Payments: 6,258 CAD
- Residual Value: 1 CAD
- Cash Incentive: 9,000 CAD
Vehicle Debt & Value
Paid so far: 31,290 CAD Total Vehicle Value: 37,549 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,258 CAD
Term Paid so Far: 31,290 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 31,290 CAD (83%)
Cash Incentive: 9,000 CAD Buyout Price Today: -2,741 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: -2,741 CAD
- 4.9%Interest Rate x 48 months
- -63 CAD/month + tax
- Total Payable: -3,024 CAD
- Total Interest: -283 CAD
- 8.9%Interest Rate x 48 months
- -68 CAD/month + tax
- Total Payable: -3,268 CAD
- Total Interest: -527 CAD
- 14.9%Interest Rate x 48 months
- -76 CAD/month + tax
- Total Payable: -3,655 CAD
- Total Interest: -914 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 14 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)
-2.23
- + tax
- + fuel
- + insurance
- 5.09CAD/100km (TODAY without the Cash Incentive)
- 26.82CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
-6.44
- + tax
- + insurance
- + km driven & fuel
- 14.70CAD/day (Original Contract back in Oct, 2019)
Remaining Km
Can be driven up to:
2,028.16
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2019)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
2024 Mercedes-Benz
Sprinter 2500 Automatique 2WD
Payment Details
- Current Payment: 687 CAD/month + tax
- Original Downpayment: 23,700 CAD
- Months to End: 47 months (Jul, 2029)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 4,800 km total
- Available Now: 24,306 km/year (2,026 per month)
