Payment Analysis
265.84CAD/monthin Vaughan, ON
- 265.84 CAD/month
- 122.70 CAD/bi-weekly
- 61.35 CAD/week
- 3,190.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 300.40 CAD/month
- 138.65 CAD/bi-weekly
- 69.32 CAD/week
- 3,604.79 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:
7,328 ~ 7,728 CAD
compared to leasing a BRAND NEW:
- Hyundai Elantra Essential AT
- for 33 months (please, note this contract is for less than 13 months)
- in Ontario
- $0 down payment
- 33,000 km/year
| Leasing New (CAD/month) | 393 |
|---|---|
| This Contract (CAD/month) | 266 |
| Monthly Difference | 128 CAD/month |
| Remaining Term | x 51 months |
| Total Monthly Difference | = 6,528 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 7,328 ~ 7,728 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
24,851 CAD
- Total Vehicle Debt: 20,907 CAD
- Paid so Far: -3,943 CAD (-19% Paid)
- Remaining Lease Payments: 13,558 CAD
- Residual Value: 11,293 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -3,943 CAD Total Vehicle Value: 20,907 CAD
Vehicle Debt Breakdown
Downpayment: 310 CAD Remaining Term: 13,558 CAD
Term Paid so Far: -4,253 CAD Residual Value: 11,293 CAD
Cost to Own
Already Paid: -3,943 CAD (-19%)
Cash Incentive: 0 CAD Buyout Price Today: 24,851 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: 24,851 CAD
- 4.9%Interest Rate x 48 months
- 571 CAD/month + tax
- Total Payable: 27,416 CAD
- Total Interest: 2,565 CAD
- 8.9%Interest Rate x 48 months
- 617 CAD/month + tax
- Total Payable: 29,627 CAD
- Total Interest: 4,776 CAD
- 14.9%Interest Rate x 48 months
- 690 CAD/month + tax
- Total Payable: 33,137 CAD
- Total Interest: 8,286 CAD
At the end of the Lease Contract
Residual Value: 11,293 CAD (in 51 months)
- 4.9%Interest Rate x 48 months
- 260 CAD/month + tax
- Total Payable: 12,459 CAD
- Total Interest: 1,166 CAD
- 8.9%Interest Rate x 48 months
- 280 CAD/month + tax
- Total Payable: 13,464 CAD
- Total Interest: 2,171 CAD
- 14.9%Interest Rate x 48 months
- 314 CAD/month + tax
- Total Payable: 15,059 CAD
- Total Interest: 3,766 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)
36.81
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
8.74
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
166.67
- km/week
- without any
- additional costs
Similar Listings in Toronto
+ 4,500 cash
SAVE ~7,200 CAD
2023 Volkswagen
GTI Automatique 2WD Autobahn
Payment Details
- Current Payment: 652 CAD/month + tax
- Cash Incentive: 4,500 CAD
- Payment After Incentive: 523 CAD/month + tax
- Residual Value: 21,631 CAD
- Months to End: 35 months (Apr, 2027)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 8,800 km total
- Available Now: 13,440 km/year (1,120 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
+ 5,000 cash
2022 Lexus
IS300 Luxury Automatique AWD
Payment Details
- Current Payment: 606 CAD/month + tax
- Required Payment: 5,000 CAD
- Payment Including Incentive: 741 CAD/month + tax
- Residual Value: 20,517 CAD
- Months to End: 37 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 22,951 km total
- Available Now: 24,448 km/year (2,037 per month)
- Excess Km Cost: 0.20 CAD/km
+ 950 cash
2023 Mazda
Mazda3 Sport GT Automatique AWD
Payment Details
- Current Payment: 598 CAD/month + tax
- Cash Incentive: 950 CAD
- Payment After Incentive: 569 CAD/month + tax
- Original Downpayment: 3,211 CAD
- Residual Value: 19,315 CAD
- Months to End: 33 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 4,600 km total
- Available Now: 21,600 km/year (1,800 per month)
- Excess Km Cost: 0.08 CAD/km
2021 Mazda
Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 352 CAD/month + tax
- Months to End: 8 months (Jan, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 52,000 km total
- Available Now: 42,000 km/year (3,500 per month)
- Please note that this contract ends in less than a year.
+ 2,000 cash
2023 Tesla
Model 3 Standard Automatique 2WD
Payment Details
- Current Payment: 873 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 806 CAD/month + tax
- Months to End: 30 months (Nov, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 45,000 km total
- Available Now: 13,333 km/year (1,111 per month)
- Excess Km Cost: 0.15 CAD/km
2022 Honda
Civic Seden EX CVT AWD
Payment Details
- Current Payment: 371 CAD/month + tax
- Residual Value: 13,650 CAD
- Months to End: 7 months (Dec, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 29,000 km total
- Available Now: 87,429 km/year (7,286 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.01 CAD/km
