Payment Analysis
209.00CAD/monthin Halifax, NS
- 209.00 CAD/month
- 96.46 CAD/bi-weekly
- 48.23 CAD/week
- 2,508.00 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 240.35 CAD/month
- 110.93 CAD/bi-weekly
- 55.47 CAD/week
- 2,884.20 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:
-42 ~ 358 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra Preferred Automatic 2WD
- for 39 months
- in NS
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 303 |
|---|---|
| This Contract (CAD/month) | 209 |
| Monthly Difference | 94 CAD/month |
| Remaining Term | x 7 months |
| Total Monthly Difference | = 658 CAD |
| - Required Payment** (CAD) | - 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = -42 ~ 358 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
13,968 CAD
- Total Vehicle Debt: 26,037 CAD
- Paid so Far: 13,569 CAD (52% Paid)
- Remaining Lease Payments: 1,463 CAD
- Residual Value: 11,005 CAD
- Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 13,569 CAD Total Vehicle Value: 26,037 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 1,463 CAD
Term Paid so Far: 8,569 CAD Residual Value: 11,005 CAD
Cost to Own
Already Paid: 13,569 CAD (52%)
Required Payment: 1,500 CAD (5%)Buyout Price Today: 13,968 CAD
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: 13,968 CAD
- 4.9%Interest Rate x 48 months
- 321 CAD/month + tax
- Total Payable: 15,410 CAD
- Total Interest: 1,442 CAD
- 8.9%Interest Rate x 48 months
- 347 CAD/month + tax
- Total Payable: 16,653 CAD
- Total Interest: 2,685 CAD
- 14.9%Interest Rate x 48 months
- 388 CAD/month + tax
- Total Payable: 18,626 CAD
- Total Interest: 4,658 CAD
At the end of the Lease Contract
Residual Value: 11,005 CAD (in 7 months)
- 4.9%Interest Rate x 48 months
- 253 CAD/month + tax
- Total Payable: 12,141 CAD
- Total Interest: 1,136 CAD
- 8.9%Interest Rate x 48 months
- 273 CAD/month + tax
- Total Payable: 13,120 CAD
- Total Interest: 2,115 CAD
- 14.9%Interest Rate x 48 months
- 306 CAD/month + tax
- Total Payable: 14,675 CAD
- Total Interest: 3,670 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)
4.12
- + tax
- + fuel
- + insurance
- 2.03CAD/100km (TODAY without the Cash Incentive)
- 12.54CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
13.92
- + tax
- + insurance
- + km driven & fuel
- 6.87CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
2,373.63
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Dec, 2020)
Seller Contact Info
This Contract was Already Transferred.
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