Payment Analysis
175.12CAD/monthin Winnipeg, MB
- 175.12 CAD/month
- 80.82 CAD/bi-weekly
- 40.41 CAD/week
- 2,101.44 CAD/year
Before Taxes:
Incl. Manitoba Taxes (13%):
- 197.89 CAD/month
- 91.33 CAD/bi-weekly
- 45.67 CAD/week
- 2,374.63 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:
3,149 ~ 4,049 CAD
compared to leasing a BRAND NEW:
- Hyundai ELANTRA Preferred 2WD Automatic
- for 48 months
- in MB
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 256 |
|---|---|
| This Contract (CAD/month) | 175 |
| Monthly Difference | 81 CAD/month |
| Remaining Term | x 29 months |
| Total Monthly Difference | = 2,349 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,149 ~ 4,049 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
15,169 CAD
- Total Vehicle Debt: 20,597 CAD
- Paid so Far: 5,429 CAD (26% Paid)
- Remaining Lease Payments: 5,078 CAD
- Residual Value: 10,090 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,429 CAD Total Vehicle Value: 20,597 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,078 CAD
Term Paid so Far: 5,429 CAD Residual Value: 10,090 CAD
Cost to Own
Already Paid: 5,429 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 15,169 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: 15,169 CAD
- 4.9%Interest Rate x 48 months
- 349 CAD/month + tax
- Total Payable: 16,734 CAD
- Total Interest: 1,566 CAD
- 8.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,084 CAD
- Total Interest: 2,915 CAD
- 14.9%Interest Rate x 48 months
- 421 CAD/month + tax
- Total Payable: 20,226 CAD
- Total Interest: 5,058 CAD
At the end of the Lease Contract
Residual Value: 10,090 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 232 CAD/month + tax
- Total Payable: 11,132 CAD
- Total Interest: 1,042 CAD
- 8.9%Interest Rate x 48 months
- 251 CAD/month + tax
- Total Payable: 12,029 CAD
- Total Interest: 1,939 CAD
- 14.9%Interest Rate x 48 months
- 280 CAD/month + tax
- Total Payable: 13,455 CAD
- Total Interest: 3,364 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)
6.35
- + tax
- + fuel
- + insurance
- 13.13CAD/100km (Original Contract back in Oct, 2021)
Time Analysis
Cost per day: (CAD)
5.76
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
636.29
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Oct, 2021)
