Payment Analysis

700.00CAD/monthin Ottawa
    Before Taxes:
  • 700.00 CAD/month
  • 323.08 CAD/bi-weekly
  • 161.54 CAD/week
  • 8,400.00 CAD/year
Incl. Ontario Taxes (13%):
  • 791.00 CAD/month
  • 365.08 CAD/bi-weekly
  • 182.54 CAD/week
  • 9,492.00 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: 2,086 ~ 3,386 CAD

compared to leasing a BRAND NEW:

  • Kia Stinger GT Limited Neon Orange
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 781
This Contract (CAD/month) 700
Monthly Difference 81 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 486 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,086 ~ 3,386

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,200 CAD
  • Total Vehicle Debt: 54,900 CAD
  • Paid so Far: 28,700 CAD (52% Paid)
  • Remaining Lease Payments: 4,200 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,700 CAD Total Vehicle Value: 54,900 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,200 CAD
Term Paid so Far: 28,700 CAD Residual Value: 22,000 CAD
0%
52%
7%
41%
Cost to Own
Already Paid: 28,700 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 26,200 CAD
52% Paid
0%
48%
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: 26,200 CAD

  • 4.9%Interest Rate x 48 months
  • 602 CAD/month + tax
  • Total Payable: 28,905 CAD
  • Total Interest: 2,705 CAD
  • 8.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,236 CAD
  • Total Interest: 5,036 CAD
  • 14.9%Interest Rate x 48 months
  • 728 CAD/month + tax
  • Total Payable: 34,936 CAD
  • Total Interest: 8,736 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,271 CAD
  • Total Interest: 2,271 CAD
  • 8.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,228 CAD
  • Total Interest: 4,228 CAD
  • 14.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,336 CAD
  • Total Interest: 7,336 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)
5.73
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 42.00CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
23.01
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,820.51
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 664 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 612 CAD/month + tax
  • Original Downpayment: 5,753 CAD
  • Months to End: 39 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,776 km total
  • Available Now: 23,454 km/year (1,954 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details