Payment Analysis
324.17CAD/monthin Richmond Hill, ON
- 324.17 CAD/month
- 149.62 CAD/bi-weekly
- 74.81 CAD/week
- 3,890.04 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 366.31 CAD/month
- 169.07 CAD/bi-weekly
- 84.53 CAD/week
- 4,395.75 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:
1,808 ~ 3,108 CAD
compared to leasing a BRAND NEW:
- Kia Forte EX + CVT 2WD
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 376 |
|---|---|
| This Contract (CAD/month) | 324 |
| Monthly Difference | 52 CAD/month |
| Remaining Term | x 4 months |
| Total Monthly Difference | = 208 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,808 ~ 3,108 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
9,881 CAD
- Total Vehicle Debt: 26,401 CAD
- Paid so Far: 16,520 CAD (62% Paid)
- Remaining Lease Payments: 1,297 CAD
- Residual Value: 8,585 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,520 CAD Total Vehicle Value: 26,401 CAD
Vehicle Debt Breakdown
Downpayment: 2,257 CAD Remaining Term: 1,297 CAD
Term Paid so Far: 14,263 CAD Residual Value: 8,585 CAD
Cost to Own
Already Paid: 16,520 CAD (62%)
Cash Incentive: 0 CAD Buyout Price Today: 9,881 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: 9,881 CAD
- 4.9%Interest Rate x 48 months
- 227 CAD/month + tax
- Total Payable: 10,901 CAD
- Total Interest: 1,020 CAD
- 8.9%Interest Rate x 48 months
- 245 CAD/month + tax
- Total Payable: 11,780 CAD
- Total Interest: 1,899 CAD
- 14.9%Interest Rate x 48 months
- 275 CAD/month + tax
- Total Payable: 13,176 CAD
- Total Interest: 3,295 CAD
At the end of the Lease Contract
Residual Value: 8,585 CAD (in 4 months)
- 4.9%Interest Rate x 48 months
- 197 CAD/month + tax
- Total Payable: 9,471 CAD
- Total Interest: 886 CAD
- 8.9%Interest Rate x 48 months
- 213 CAD/month + tax
- Total Payable: 10,234 CAD
- Total Interest: 1,650 CAD
- 14.9%Interest Rate x 48 months
- 238 CAD/month + tax
- Total Payable: 11,447 CAD
- Total Interest: 2,862 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)
2.14
- + tax
- + fuel
- + insurance
- 19.45CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
10.66
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
3,494.42
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2020)
Seller Contact Info
This Contract was Already Transferred.
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