Payment Analysis

270.28CAD/monthin Brampton, ON
    Before Taxes:
  • 270.28 CAD/month
  • 124.74 CAD/bi-weekly
  • 62.37 CAD/week
  • 3,243.36 CAD/year
Incl. Ontario Taxes (13%):
  • 305.42 CAD/month
  • 140.96 CAD/bi-weekly
  • 70.48 CAD/week
  • 3,665.00 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: 9,534 CAD

compared to leasing a BRAND NEW:

  • ELANTRA Sport DCT 2WD
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 724
This Contract (CAD/month) 270
Monthly Difference 454 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 9,534 CAD
Total Savings (CAD) = 9,534

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,847 CAD
  • Total Vehicle Debt: 25,144 CAD
  • Paid so Far: 7,298 CAD (29% Paid)
  • Remaining Lease Payments: 5,676 CAD
  • Residual Value: 12,171 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,298 CAD Total Vehicle Value: 25,144 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,676 CAD
Term Paid so Far: 7,298 CAD Residual Value: 12,171 CAD
0%
29%
22%
49%
Cost to Own
Already Paid: 7,298 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 17,847 CAD
29% Paid
0%
71%
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: 17,847 CAD

  • 4.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,689 CAD
  • Total Interest: 1,842 CAD
  • 8.9%Interest Rate x 48 months
  • 443 CAD/month + tax
  • Total Payable: 21,277 CAD
  • Total Interest: 3,430 CAD
  • 14.9%Interest Rate x 48 months
  • 496 CAD/month + tax
  • Total Payable: 23,797 CAD
  • Total Interest: 5,951 CAD

At the end of the Lease Contract

Residual Value: 12,171 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,427 CAD
  • Total Interest: 1,256 CAD
  • 8.9%Interest Rate x 48 months
  • 302 CAD/month + tax
  • Total Payable: 14,510 CAD
  • Total Interest: 2,339 CAD
  • 14.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,229 CAD
  • Total Interest: 4,058 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)
15.77
  • + tax
  • + fuel
  • + insurance
(or 0.16CAD per km)
  • 20.27CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
8.89
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
395.60
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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