Payment Analysis

629.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 629.00 CAD/month
  • 290.31 CAD/bi-weekly
  • 145.15 CAD/week
  • 7,548.00 CAD/year
Incl. B.C. Taxes (12%):
  • 704.48 CAD/month
  • 325.14 CAD/bi-weekly
  • 162.57 CAD/week
  • 8,453.76 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: 1,942 ~ 3,242 CAD

compared to leasing a BRAND NEW:

  • Kia Stinger GT Limitée 2022
  • for 36 months
  • in BC
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 686
This Contract (CAD/month) 629
Monthly Difference 57 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 342 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,942 ~ 3,242

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,774 CAD
  • Total Vehicle Debt: 55,192 CAD
  • Paid so Far: 26,418 CAD (47% Paid)
  • Remaining Lease Payments: 3,774 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,418 CAD Total Vehicle Value: 55,192 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,774 CAD
Term Paid so Far: 26,418 CAD Residual Value: 25,000 CAD
0%
47%
6%
47%
Cost to Own
Already Paid: 26,418 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 28,774 CAD
47% Paid
0%
53%
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: 28,774 CAD

  • 4.9%Interest Rate x 48 months
  • 661 CAD/month + tax
  • Total Payable: 31,744 CAD
  • Total Interest: 2,970 CAD
  • 8.9%Interest Rate x 48 months
  • 715 CAD/month + tax
  • Total Payable: 34,304 CAD
  • Total Interest: 5,530 CAD
  • 14.9%Interest Rate x 48 months
  • 799 CAD/month + tax
  • Total Payable: 38,369 CAD
  • Total Interest: 9,595 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,805 CAD
  • Total Interest: 4,805 CAD
  • 14.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,336 CAD
  • Total Interest: 8,336 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)
6.61
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 47.18CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
20.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,196.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 307.69km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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