Payment Analysis

336.28CAD/monthin Vaughan, ON
    Before Taxes:
  • 336.28 CAD/month
  • 155.21 CAD/bi-weekly
  • 77.60 CAD/week
  • 4,035.36 CAD/year
Incl. Ontario Taxes (13%):
  • 380.00 CAD/month
  • 175.38 CAD/bi-weekly
  • 87.69 CAD/week
  • 4,559.96 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: 7,853 ~ 9,153 CAD

compared to leasing a BRAND NEW:

  • ELANTRA Preferred IVT with Sun and Tech Package ($1,500.00)
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 505
This Contract (CAD/month) 336
Monthly Difference 169 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 6,253 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,853 ~ 9,153

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,661 CAD
  • Total Vehicle Debt: 24,325 CAD
  • Paid so Far: -336 CAD (-2% Paid)
  • Remaining Lease Payments: 12,442 CAD
  • Residual Value: 12,219 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -336 CAD Total Vehicle Value: 24,325 CAD
-2% Paid
102%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,442 CAD
Term Paid so Far: -336 CAD Residual Value: 12,219 CAD
0%
-2%
51%
51%
Cost to Own
Already Paid: -336 CAD (-2%)
Cash Incentive: 0 CAD Buyout Price Today: 24,661 CAD
-2% Paid
0%
102%
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: 24,661 CAD

  • 4.9%Interest Rate x 48 months
  • 567 CAD/month + tax
  • Total Payable: 27,207 CAD
  • Total Interest: 2,546 CAD
  • 8.9%Interest Rate x 48 months
  • 613 CAD/month + tax
  • Total Payable: 29,401 CAD
  • Total Interest: 4,740 CAD
  • 14.9%Interest Rate x 48 months
  • 685 CAD/month + tax
  • Total Payable: 32,885 CAD
  • Total Interest: 8,223 CAD

At the end of the Lease Contract

Residual Value: 12,219 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 281 CAD/month + tax
  • Total Payable: 13,480 CAD
  • Total Interest: 1,261 CAD
  • 8.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,568 CAD
  • Total Interest: 2,349 CAD
  • 14.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,293 CAD
  • Total Interest: 4,074 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)
23.04
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
Time Analysis
Cost per day: (CAD)
11.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
336.80
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

+ 800 cash
2024 Mazda

Mazda3 GT w/Turbo AWD Automatic Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 499 CAD/month + tax
  • Cash Incentive: 800 CAD
  • Payment After Incentive: 442 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 19,748 CAD
  • Months to End: 14 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 25,500 km total
  • Available Now: 29,571 km/year (2,464 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 1,000 cash
CAD/month x 18 months
2023 Hyundai KONA ESSENTIAL (ID: #53283)
440
Brampton, ON
2023 Hyundai

KONA ESSENTIAL Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 440 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 384 CAD/month + tax
  • Original Downpayment: 500 CAD
  • Months to End: 18 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 50,000 km/year (4,167 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 5,000 cash
CAD/month x 11 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatique AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 1,061 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 11 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,951 km total
  • Available Now: 82,235 km/year (6,853 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
See all Details
+ 3,000 cash
CAD/month x 17 months
2024 Audi S3 Komfort (ID: #55233)
731
Stouffville
2024 Audi

S3 Komfort Automatique AWD Pre Paid Maintenance package

  • Warranty Complete Term
Payment Details
  • Current Payment: 731 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 555 CAD/month + tax
  • Residual Value: 31,000 CAD
  • Months to End: 17 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 27,059 km/year (2,255 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 15 months
2023 Genesis G70 - 3.3T Sport (ID: #55850)
793
Scarborough
2023 Genesis

G70 - 3.3T Sport Automatique AWD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 793 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 29,939 CAD
  • Months to End: 15 months (Oct, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 36,500 km total
  • Available Now: 47,600 km/year (3,967 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
CAD/month x 17 months
2021 Mazda Mazda3 GT Auto FWD (ID: #45347)
352
Toronto, ON
2021 Mazda

Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 352 CAD/month + tax
  • Months to End: 17 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 19,765 km/year (1,647 per month)
See all Details