Payment Analysis

352.68CAD/monthin Surrey, BC
    Before Taxes:
  • 352.68 CAD/month
  • 162.78 CAD/bi-weekly
  • 81.39 CAD/week
  • 4,232.16 CAD/year
Incl. B.C. Taxes (12%):
  • 395.00 CAD/month
  • 182.31 CAD/bi-weekly
  • 91.15 CAD/week
  • 4,740.02 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: 2,985 CAD

compared to leasing a BRAND NEW:

  • Hyundai Kona Preferred Automatic 2WD
  • for 12 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 551
This Contract (CAD/month) 353
Monthly Difference 199 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 2,985 CAD
Total Savings (CAD) = 2,985

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,574 CAD
  • Total Vehicle Debt: 26,980 CAD
  • Paid so Far: 7,406 CAD (27% Paid)
  • Remaining Lease Payments: 5,290 CAD
  • Residual Value: 14,284 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,406 CAD Total Vehicle Value: 26,980 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,290 CAD
Term Paid so Far: 7,406 CAD Residual Value: 14,284 CAD
0%
27%
19%
54%
Cost to Own
Already Paid: 7,406 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 19,574 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: 19,574 CAD

  • 4.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,594 CAD
  • Total Interest: 2,021 CAD
  • 8.9%Interest Rate x 48 months
  • 486 CAD/month + tax
  • Total Payable: 23,336 CAD
  • Total Interest: 3,762 CAD
  • 14.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,101 CAD
  • Total Interest: 6,527 CAD

At the end of the Lease Contract

Residual Value: 14,284 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 328 CAD/month + tax
  • Total Payable: 15,758 CAD
  • Total Interest: 1,475 CAD
  • 8.9%Interest Rate x 48 months
  • 355 CAD/month + tax
  • Total Payable: 17,029 CAD
  • Total Interest: 2,745 CAD
  • 14.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,046 CAD
  • Total Interest: 4,763 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)
9.50
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 21.16CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
11.59
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
856.43
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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