Payment Analysis

326.24CAD/monthin Gatineau, QC
    Before Taxes:
  • 326.24 CAD/month
  • 150.57 CAD/bi-weekly
  • 75.29 CAD/week
  • 3,914.88 CAD/year
Incl. Québec Taxes (14.98%):
  • 375.11 CAD/month
  • 173.13 CAD/bi-weekly
  • 86.56 CAD/week
  • 4,501.33 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: 4,440 ~ 5,740 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla Hatchback CVT
  • for 24 months
  • in QC
  • $0 down payment
  • 33,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 546
This Contract (CAD/month) 326
Monthly Difference 220 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 4,840 CAD
- Required Payment** (CAD) - 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,440 ~ 5,740
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,432 CAD
  • Total Vehicle Debt: 32,482 CAD
  • Paid so Far: 17,050 CAD (52% Paid)
  • Remaining Lease Payments: 7,177 CAD
  • Residual Value: 8,255 CAD
  • Required Payment: 2,000 CAD
Vehicle Debt & Value
Paid so far: 17,050 CAD Total Vehicle Value: 32,482 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 7,177 CAD
Term Paid so Far: 13,050 CAD Residual Value: 8,255 CAD
12%
40%
22%
26%
Cost to Own
Already Paid: 17,050 CAD (52%)
Required Payment: 2,000 CAD (6%)Buyout Price Today: 17,432 CAD
46% Paid
6%
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: 17,432 CAD

  • 4.9%Interest Rate x 48 months
  • 401 CAD/month + tax
  • Total Payable: 19,232 CAD
  • Total Interest: 1,800 CAD
  • 8.9%Interest Rate x 48 months
  • 433 CAD/month + tax
  • Total Payable: 20,783 CAD
  • Total Interest: 3,351 CAD
  • 14.9%Interest Rate x 48 months
  • 484 CAD/month + tax
  • Total Payable: 23,245 CAD
  • Total Interest: 5,813 CAD

At the end of the Lease Contract

Residual Value: 8,255 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 190 CAD/month + tax
  • Total Payable: 9,107 CAD
  • Total Interest: 852 CAD
  • 8.9%Interest Rate x 48 months
  • 205 CAD/month + tax
  • Total Payable: 9,841 CAD
  • Total Interest: 1,587 CAD
  • 14.9%Interest Rate x 48 months
  • 229 CAD/month + tax
  • Total Payable: 11,007 CAD
  • Total Interest: 2,752 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)
12.12
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 9.48CAD/100km (TODAY without the Cash Incentive)
  • 16.31CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
13.71
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 10.73CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
794.37
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 461.54km/week (Contract Original back in Jun, 2018)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

+ 4,400 cash
CAD/month x 22 months
2023 Hyundai Kona Electric EV Ultimate (ID: #54407)
551
Val-des-Monts, QC
2023 Hyundai

Kona Electric EV Ultimate Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 551 CAD/month + tax
  • Cash Incentive: 4,400 CAD
  • Payment After Incentive: 351 CAD/month + tax
  • Residual Value: 31,184 CAD
  • Months to End: 22 months (May, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 45,000 km total
  • Available Now: 27,818 km/year (2,318 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details