Payment Analysis

308.32CAD/monthin Oshawa, ON
    Before Taxes:
  • 308.32 CAD/month
  • 142.30 CAD/bi-weekly
  • 71.15 CAD/week
  • 3,699.84 CAD/year
Incl. Ontario Taxes (13%):
  • 348.40 CAD/month
  • 160.80 CAD/bi-weekly
  • 80.40 CAD/week
  • 4,180.82 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: 9,728 ~ 10,628 CAD

compared to leasing a BRAND NEW:

  • HYUNDAI ELANTRA Preferred CVT 2WD
  • for 24 months
  • in ON
  • $0 down payment
  • 36,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 556
This Contract (CAD/month) 308
Monthly Difference 248 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 8,928 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,728 ~ 10,628

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,421 CAD
  • Total Vehicle Debt: 23,421 CAD
  • Paid so Far: 0 CAD (0% Paid)
  • Remaining Lease Payments: 11,100 CAD
  • Residual Value: 12,321 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 0 CAD Total Vehicle Value: 23,421 CAD
0% Paid
100%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,100 CAD
Term Paid so Far: 0 CAD Residual Value: 12,321 CAD
0%
0%
47%
53%
Cost to Own
Already Paid: 0 CAD (0%)
Cash Incentive: 0 CAD Buyout Price Today: 23,421 CAD
0% Paid
0%
100%
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: 23,421 CAD

  • 4.9%Interest Rate x 48 months
  • 538 CAD/month + tax
  • Total Payable: 25,838 CAD
  • Total Interest: 2,418 CAD
  • 8.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,922 CAD
  • Total Interest: 4,502 CAD
  • 14.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,230 CAD
  • Total Interest: 7,809 CAD

At the end of the Lease Contract

Residual Value: 12,321 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 283 CAD/month + tax
  • Total Payable: 13,593 CAD
  • Total Interest: 1,272 CAD
  • 8.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,689 CAD
  • Total Interest: 2,368 CAD
  • 14.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,429 CAD
  • Total Interest: 4,108 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)
18.69
  • + tax
  • + fuel
  • + insurance
(or 0.19CAD per km)
Time Analysis
Cost per day: (CAD)
10.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
380.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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