Payment Analysis

326.57CAD/monthin Cote St Luc (Montreal), QC
    Before Taxes:
  • 326.57 CAD/month
  • 150.72 CAD/bi-weekly
  • 75.36 CAD/week
  • 3,918.84 CAD/year
Incl. Québec Taxes (14.98%):
  • 375.49 CAD/month
  • 173.30 CAD/bi-weekly
  • 86.65 CAD/week
  • 4,505.88 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: 8,680 ~ 9,080 CAD

compared to leasing a BRAND NEW:

  • Hyundai Elantra GL Automatic 2WD
  • for 12 months
  • in QC
  • $0 down payment
  • 32,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 523
This Contract (CAD/month) 327
Monthly Difference 197 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 7,880 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 8,680 ~ 9,080

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,430 CAD
  • Total Vehicle Debt: 25,043 CAD
  • Paid so Far: 2,613 CAD (10% Paid)
  • Remaining Lease Payments: 13,063 CAD
  • Residual Value: 9,368 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,613 CAD Total Vehicle Value: 25,043 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,063 CAD
Term Paid so Far: 2,613 CAD Residual Value: 9,368 CAD
0%
10%
52%
38%
Cost to Own
Already Paid: 2,613 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 22,430 CAD
10% Paid
0%
90%
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: 22,430 CAD

  • 4.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,746 CAD
  • Total Interest: 2,316 CAD
  • 8.9%Interest Rate x 48 months
  • 557 CAD/month + tax
  • Total Payable: 26,742 CAD
  • Total Interest: 4,311 CAD
  • 14.9%Interest Rate x 48 months
  • 623 CAD/month + tax
  • Total Payable: 29,910 CAD
  • Total Interest: 7,479 CAD

At the end of the Lease Contract

Residual Value: 9,368 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 215 CAD/month + tax
  • Total Payable: 10,335 CAD
  • Total Interest: 967 CAD
  • 8.9%Interest Rate x 48 months
  • 233 CAD/month + tax
  • Total Payable: 11,168 CAD
  • Total Interest: 1,801 CAD
  • 14.9%Interest Rate x 48 months
  • 260 CAD/month + tax
  • Total Payable: 12,491 CAD
  • Total Interest: 3,124 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)
27.40
  • + tax
  • + fuel
  • + insurance
(or 0.27CAD per km)
Time Analysis
Cost per day: (CAD)
10.74
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
275.02
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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