Payment Analysis
295.00CAD/monthin Newmarket, ON
- 295.00 CAD/month
- 136.15 CAD/bi-weekly
- 68.08 CAD/week
- 3,540.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 333.35 CAD/month
- 153.85 CAD/bi-weekly
- 76.93 CAD/week
- 4,000.20 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:
2,969 ~ 3,869 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra Preferred Automatic
- for 33 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 329 |
|---|---|
| This Contract (CAD/month) | 295 |
| Monthly Difference | 34 CAD/month |
| Remaining Term | x 55 months |
| Total Monthly Difference | = 1,870 CAD |
| + Cash Incentive** (CAD) | + 299 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,969 ~ 3,869 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
27,524 CAD
- Total Vehicle Debt: 22,513 CAD
- Paid so Far: -5,310 CAD (-24% Paid)
- Remaining Lease Payments: 16,225 CAD
- Residual Value: 11,598 CAD
- Cash Incentive: 299 CAD
Vehicle Debt & Value
Paid so far: -5,310 CAD Total Vehicle Value: 22,513 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,225 CAD
Term Paid so Far: -5,310 CAD Residual Value: 11,598 CAD
Cost to Own
Already Paid: -5,310 CAD (-24%)
Cash Incentive: 299 CAD Buyout Price Today: 27,524 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: 27,524 CAD
- 4.9%Interest Rate x 48 months
- 633 CAD/month + tax
- Total Payable: 30,365 CAD
- Total Interest: 2,841 CAD
- 8.9%Interest Rate x 48 months
- 684 CAD/month + tax
- Total Payable: 32,814 CAD
- Total Interest: 5,290 CAD
- 14.9%Interest Rate x 48 months
- 765 CAD/month + tax
- Total Payable: 36,702 CAD
- Total Interest: 9,178 CAD
At the end of the Lease Contract
Residual Value: 11,598 CAD (in 55 months)
- 4.9%Interest Rate x 48 months
- 267 CAD/month + tax
- Total Payable: 12,795 CAD
- Total Interest: 1,197 CAD
- 8.9%Interest Rate x 48 months
- 288 CAD/month + tax
- Total Payable: 13,827 CAD
- Total Interest: 2,229 CAD
- 14.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,465 CAD
- Total Interest: 3,867 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)
83.09
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
9.52
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
80.42
- km/week
- without any
- additional costs
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