Payment Analysis

582.00CAD/monthin Sherwood Park, AB
    Before Taxes:
  • 582.00 CAD/month
  • 268.62 CAD/bi-weekly
  • 134.31 CAD/week
  • 6,984.00 CAD/year
Incl. Alberta Taxes (5%):
  • 611.10 CAD/month
  • 282.05 CAD/bi-weekly
  • 141.02 CAD/week
  • 7,333.20 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: 6,182 ~ 6,582 CAD

compared to leasing a BRAND NEW:

  • Hyundai Veloster N Manual 2WD
  • for 12 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 881
This Contract (CAD/month) 582
Monthly Difference 299 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 5,382 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,182 ~ 6,582

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,476 CAD
  • Total Vehicle Debt: 37,952 CAD
  • Paid so Far: 10,476 CAD (27% Paid)
  • Remaining Lease Payments: 10,476 CAD
  • Residual Value: 17,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,476 CAD Total Vehicle Value: 37,952 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,476 CAD
Term Paid so Far: 10,476 CAD Residual Value: 17,000 CAD
0%
27%
27%
46%
Cost to Own
Already Paid: 10,476 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 27,476 CAD
27% Paid
0%
73%
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: 27,476 CAD

  • 4.9%Interest Rate x 48 months
  • 632 CAD/month + tax
  • Total Payable: 30,312 CAD
  • Total Interest: 2,836 CAD
  • 8.9%Interest Rate x 48 months
  • 682 CAD/month + tax
  • Total Payable: 32,757 CAD
  • Total Interest: 5,281 CAD
  • 14.9%Interest Rate x 48 months
  • 763 CAD/month + tax
  • Total Payable: 36,638 CAD
  • Total Interest: 9,162 CAD

At the end of the Lease Contract

Residual Value: 17,000 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,755 CAD
  • Total Interest: 1,755 CAD
  • 8.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,267 CAD
  • Total Interest: 3,267 CAD
  • 14.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,669 CAD
  • Total Interest: 5,669 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)
25.55
  • + tax
  • + fuel
  • + insurance
(or 0.26CAD per km)
  • 29.10CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
19.13
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
525.64
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 461.54km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.