Payment Analysis

276.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 276.00 CAD/month
  • 127.38 CAD/bi-weekly
  • 63.69 CAD/week
  • 3,312.00 CAD/year
Incl. Ontario Taxes (13%):
  • 311.88 CAD/month
  • 143.94 CAD/bi-weekly
  • 71.97 CAD/week
  • 3,742.56 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,772 CAD
  • Total Vehicle Debt: 25,424 CAD
  • Paid so Far: -6,348 CAD (-25% Paid)
  • Remaining Lease Payments: 12,972 CAD
  • Residual Value: 18,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -6,348 CAD Total Vehicle Value: 25,424 CAD
-25% Paid
125%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,972 CAD
Term Paid so Far: -6,348 CAD Residual Value: 18,800 CAD
0%
-25%
51%
74%
Cost to Own
Already Paid: -6,348 CAD (-25%)
Cash Incentive: 0 CAD Buyout Price Today: 31,772 CAD
-25% Paid
0%
125%
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: 31,772 CAD

  • 4.9%Interest Rate x 48 months
  • 730 CAD/month + tax
  • Total Payable: 35,052 CAD
  • Total Interest: 3,280 CAD
  • 8.9%Interest Rate x 48 months
  • 789 CAD/month + tax
  • Total Payable: 37,879 CAD
  • Total Interest: 6,107 CAD
  • 14.9%Interest Rate x 48 months
  • 883 CAD/month + tax
  • Total Payable: 42,366 CAD
  • Total Interest: 10,594 CAD

At the end of the Lease Contract

Residual Value: 18,800 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 432 CAD/month + tax
  • Total Payable: 20,741 CAD
  • Total Interest: 1,941 CAD
  • 8.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,413 CAD
  • Total Interest: 3,613 CAD
  • 14.9%Interest Rate x 48 months
  • 522 CAD/month + tax
  • Total Payable: 25,069 CAD
  • Total Interest: 6,269 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)
41.47
  • + tax
  • + fuel
  • + insurance
(or 0.41CAD per km)
Time Analysis
Cost per day: (CAD)
9.07
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
153.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.18CAD

Similar Listings in Hamilton

+ 13,000 cash
KIA Lease Takeover in Fort Erie: 2022 KIA EX Automatic 2WD ID:#44946
CAD/month x 1 months
2022 KIA EX (ID: #44946)
310
Fort Erie, ON
2022 KIA

EX Automatique 2WD Winter tires,wheel lock nuts,for all season carpets.

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 310 CAD/month + tax
  • Required Payment: 13,000 CAD
  • Payment Including Incentive: 13,310 CAD/month + tax
  • Original Downpayment: 15,000 CAD
  • Residual Value: 27,721 CAD
  • Months to End: 1 months (Jun, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 34,507 km total
  • Available Now: 285,916 km/year (23,826 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
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