Hyundai Lease Takeover in Edmonton, AB: 2020 Hyundai Tucson Preferred Automatique AWD ID:#24400 • LeaseCosts Canada

Payment Analysis

371.34CAD/monthin Edmonton, AB

Before Taxes:

371.34 CAD/month
171.39 CAD/bi-weekly
85.69 CAD/week
4,456.08 CAD/year

Incl. Alberta Taxes (5%):

389.91 CAD/month
179.96 CAD/bi-weekly
89.98 CAD/week
4,678.88 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: 11,540 ~ 11,940 CAD

compared to leasing a BRAND NEW:

Hyundai Tucson Preferred Automatic AWD w/ Trend Package
for 12 months
in AB
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	603
This Contract (CAD/month)	371
Monthly Difference	232 CAD/month
Remaining Term	x 45 months
Total Monthly Difference	= 10,440 CAD
+ Cash Incentive** (CAD)	+ 300
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 11,540 ~ 11,940
	** "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: 38,088 CAD

Total Vehicle Debt: 29,476 CAD
Paid so Far: -8,912 CAD (-31% Paid)
Remaining Lease Payments: 16,710 CAD
Residual Value: 21,678 CAD
Cash Incentive: 300 CAD

Vehicle Debt & Value

Paid so far: -8,912 CAD Total Vehicle Value: 29,476 CAD

-31% Paid

131%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 16,710 CAD

Term Paid so Far: -8,912 CAD Residual Value: 21,678 CAD

-31%

57%

74%

Cost to Own

Already Paid: -8,912 CAD (-31%)

Cash Incentive: 300 CAD Buyout Price Today: 38,088 CAD

-31% Paid

130%

Additional Financing Details

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: 38,088 CAD

4.9%Interest Rate x 48 months
875 CAD/month + tax
Total Payable: 42,020 CAD
Total Interest: 3,932 CAD

8.9%Interest Rate x 48 months
946 CAD/month + tax
Total Payable: 45,409 CAD
Total Interest: 7,321 CAD

14.9%Interest Rate x 48 months
1,058 CAD/month + tax
Total Payable: 50,788 CAD
Total Interest: 12,700 CAD

At the end of the Lease Contract

Residual Value: 21,678 CAD (in 45 months)

4.9%Interest Rate x 48 months
498 CAD/month + tax
Total Payable: 23,916 CAD
Total Interest: 2,238 CAD

8.9%Interest Rate x 48 months
538 CAD/month + tax
Total Payable: 25,844 CAD
Total Interest: 4,167 CAD

14.9%Interest Rate x 48 months
602 CAD/month + tax
Total Payable: 28,906 CAD
Total Interest: 7,228 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)