Payment Analysis

446.54CAD/monthin Montreal, Quebec
    Before Taxes:
  • 446.54 CAD/month
  • 206.10 CAD/bi-weekly
  • 103.05 CAD/week
  • 5,358.48 CAD/year
Incl. Québec Taxes (14.98%):
  • 513.43 CAD/month
  • 236.97 CAD/bi-weekly
  • 118.48 CAD/week
  • 6,161.18 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: 1,160 ~ 1,560 CAD

compared to leasing a BRAND NEW:

  • SANTA FE Preferred AWD
  • for 39 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 518
This Contract (CAD/month) 447
Monthly Difference 72 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 360 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,160 ~ 1,560

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,833 CAD
  • Total Vehicle Debt: 41,392 CAD
  • Paid so Far: 24,560 CAD (59% Paid)
  • Remaining Lease Payments: 2,233 CAD
  • Residual Value: 14,600 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,560 CAD Total Vehicle Value: 41,392 CAD
59% Paid
41%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,233 CAD
Term Paid so Far: 24,560 CAD Residual Value: 14,600 CAD
0%
59%
5%
36%
Cost to Own
Already Paid: 24,560 CAD (59%)
Cash Incentive: 0 CAD Buyout Price Today: 16,833 CAD
59% Paid
0%
41%
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: 16,833 CAD

  • 4.9%Interest Rate x 48 months
  • 387 CAD/month + tax
  • Total Payable: 18,570 CAD
  • Total Interest: 1,738 CAD
  • 8.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,068 CAD
  • Total Interest: 3,235 CAD
  • 14.9%Interest Rate x 48 months
  • 468 CAD/month + tax
  • Total Payable: 22,445 CAD
  • Total Interest: 5,613 CAD

At the end of the Lease Contract

Residual Value: 14,600 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 336 CAD/month + tax
  • Total Payable: 16,107 CAD
  • Total Interest: 1,507 CAD
  • 8.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,406 CAD
  • Total Interest: 2,806 CAD
  • 14.9%Interest Rate x 48 months
  • 406 CAD/month + tax
  • Total Payable: 19,468 CAD
  • Total Interest: 4,868 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)
2.79
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 26.79CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
14.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,692.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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