Payment Analysis

318.56CAD/monthin London, ON
    Before Taxes:
  • 318.56 CAD/month
  • 147.03 CAD/bi-weekly
  • 73.51 CAD/week
  • 3,822.72 CAD/year
Incl. Ontario Taxes (13%):
  • 359.97 CAD/month
  • 166.14 CAD/bi-weekly
  • 83.07 CAD/week
  • 4,319.67 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: 9,120 ~ 10,420 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Jetta Highline 1.4 Automatic 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 553
This Contract (CAD/month) 319
Monthly Difference 235 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 7,520 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,120 ~ 10,420

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,922 CAD
  • Total Vehicle Debt: 29,019 CAD
  • Paid so Far: 7,097 CAD (24% Paid)
  • Remaining Lease Payments: 10,194 CAD
  • Residual Value: 11,728 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,097 CAD Total Vehicle Value: 29,019 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 10,194 CAD
Term Paid so Far: 5,097 CAD Residual Value: 11,728 CAD
6%
18%
35%
41%
Cost to Own
Already Paid: 7,097 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 21,922 CAD
24% Paid
0%
76%
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: 21,922 CAD

  • 4.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,185 CAD
  • Total Interest: 2,263 CAD
  • 8.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,135 CAD
  • Total Interest: 4,213 CAD
  • 14.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,231 CAD
  • Total Interest: 7,310 CAD

At the end of the Lease Contract

Residual Value: 11,728 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 270 CAD/month + tax
  • Total Payable: 12,938 CAD
  • Total Interest: 1,211 CAD
  • 8.9%Interest Rate x 48 months
  • 291 CAD/month + tax
  • Total Payable: 13,982 CAD
  • Total Interest: 2,254 CAD
  • 14.9%Interest Rate x 48 months
  • 326 CAD/month + tax
  • Total Payable: 15,638 CAD
  • Total Interest: 3,911 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)
23.17
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
Time Analysis
Cost per day: (CAD)
10.47
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
317.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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2023 Hyundai Elantra N (ID: #55242)
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2023 Hyundai

Elantra N Automatique 2WD

Payment Details
  • Current Payment: 490 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 26,926 CAD
  • Months to End: 9 months (Sep, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 11,000 km total
  • Available Now: 49,333 km/year (4,111 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
See all Details