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: 8,984 ~ 9,884 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 33 months
Total Monthly Difference = 8,184 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,984 ~ 9,884

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,496 CAD
  • Total Vehicle Debt: 23,421 CAD
  • Paid so Far: 925 CAD (3% Paid)
  • Remaining Lease Payments: 10,175 CAD
  • Residual Value: 12,321 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 925 CAD Total Vehicle Value: 23,421 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,175 CAD
Term Paid so Far: 925 CAD Residual Value: 12,321 CAD
0%
3%
43%
54%
Cost to Own
Already Paid: 925 CAD (3%)
Cash Incentive: 0 CAD Buyout Price Today: 22,496 CAD
3% Paid
0%
97%
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: 22,496 CAD

  • 4.9%Interest Rate x 48 months
  • 517 CAD/month + tax
  • Total Payable: 24,818 CAD
  • Total Interest: 2,322 CAD
  • 8.9%Interest Rate x 48 months
  • 559 CAD/month + tax
  • Total Payable: 26,819 CAD
  • Total Interest: 4,324 CAD
  • 14.9%Interest Rate x 48 months
  • 625 CAD/month + tax
  • Total Payable: 29,997 CAD
  • Total Interest: 7,501 CAD

At the end of the Lease Contract

Residual Value: 12,321 CAD (in 33 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)
17.13
  • + tax
  • + fuel
  • + insurance
(or 0.17CAD per km)
Time Analysis
Cost per day: (CAD)
10.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
415.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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