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: 2,329 ~ 3,629 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 9 months
Total Monthly Difference = 729 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,329 ~ 3,629

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,300 CAD
  • Total Vehicle Debt: 54,900 CAD
  • Paid so Far: 26,600 CAD (48% Paid)
  • Remaining Lease Payments: 6,300 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,600 CAD Total Vehicle Value: 54,900 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,300 CAD
Term Paid so Far: 26,600 CAD Residual Value: 22,000 CAD
0%
48%
11%
41%
Cost to Own
Already Paid: 26,600 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 28,300 CAD
48% Paid
0%
52%
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: 28,300 CAD

  • 4.9%Interest Rate x 48 months
  • 650 CAD/month + tax
  • Total Payable: 31,221 CAD
  • Total Interest: 2,921 CAD
  • 8.9%Interest Rate x 48 months
  • 703 CAD/month + tax
  • Total Payable: 33,739 CAD
  • Total Interest: 5,439 CAD
  • 14.9%Interest Rate x 48 months
  • 786 CAD/month + tax
  • Total Payable: 37,736 CAD
  • Total Interest: 9,436 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 9 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)
8.59
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 42.00CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
23.01
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,880.34
  • 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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Payment Details
  • Current Payment: 659 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 612 CAD/month + tax
  • Residual Value: 24,995 CAD
  • Months to End: 21 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 40,739 km total
  • Available Now: 22,435 km/year (1,870 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details