Payment Analysis
505.00CAD/monthin Brampton, ON
- 505.00 CAD/month
- 233.08 CAD/bi-weekly
- 116.54 CAD/week
- 6,060.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 570.65 CAD/month
- 263.38 CAD/bi-weekly
- 131.69 CAD/week
- 6,847.80 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:
3,254 CAD
compared to leasing a BRAND NEW:
- KIA Sportage SX Turbo
- for 60 months
- in Ontario
- $0 down payment
- 24,000 km/year (please, note this contract is for more than 30,000 per year)
Leasing New (CAD/month) | 563 |
---|---|
This Contract (CAD/month) | 505 |
Monthly Difference | 58 CAD/month |
Remaining Term | x 13 months |
Total Monthly Difference | = 754 CAD |
+ Cash Incentive** (CAD) | + 2,500 |
Total Savings (CAD) | = 3,254 |
** "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:
25,929 CAD
- Total Vehicle Debt: 52,164 CAD
- Paid so Far: 23,735 CAD (45% Paid)
- Remaining Lease Payments: 6,565 CAD
- Residual Value: 21,864 CAD
- Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 23,735 CAD Total Vehicle Value: 52,164 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,565 CAD
Term Paid so Far: 23,735 CAD Residual Value: 21,864 CAD
Cost to Own
Already Paid: 23,735 CAD (45%)
Cash Incentive: 2,500 CAD Buyout Price Today: 25,929 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: 25,929 CAD
- 4.9%Interest Rate x 48 months
- 596 CAD/month + tax
- Total Payable: 28,606 CAD
- Total Interest: 2,677 CAD
- 8.9%Interest Rate x 48 months
- 644 CAD/month + tax
- Total Payable: 30,913 CAD
- Total Interest: 4,984 CAD
- 14.9%Interest Rate x 48 months
- 720 CAD/month + tax
- Total Payable: 34,575 CAD
- Total Interest: 8,646 CAD
At the end of the Lease Contract
Residual Value: 21,864 CAD (in 13 months)
- 4.9%Interest Rate x 48 months
- 503 CAD/month + tax
- Total Payable: 24,121 CAD
- Total Interest: 2,257 CAD
- 8.9%Interest Rate x 48 months
- 543 CAD/month + tax
- Total Payable: 26,066 CAD
- Total Interest: 4,202 CAD
- 14.9%Interest Rate x 48 months
- 607 CAD/month + tax
- Total Payable: 29,154 CAD
- Total Interest: 7,290 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)
2.82
- + tax
- + fuel
- + insurance
- 4.56CAD/100km (TODAY without the Cash Incentive)
- 20.20CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
10.28
- + tax
- + insurance
- + km driven & fuel
- 16.60CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
2,556.21
- km/week
- without any
- additional costs
- 576.92km/week (Contract Original back in Mar, 2018)
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- Cash Incentive: 1,000 CAD
- Payment After Incentive: 595 CAD/month + tax
- Residual Value: 34,450 CAD
- Months to End: 12 months (May, 2025)
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- Current Odometer: 72,000 km total
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- Required Payment: 6,000 CAD
- Payment Including Incentive: 1,871 CAD/month + tax
- Original Downpayment: 12,399 CAD
- Residual Value: 45,150 CAD
- Months to End: 14 months (Jul, 2025)
Vehicle Status
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- Current Odometer: 16,000 km total
- Available Now: 31,167 km/year (2,597 per month)
- Excess Km Cost: 0.25 CAD/km
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- Months to End: 39 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 15,038 km total
- Available Now: 15,065 km/year (1,255 per month)
- Excess Km Cost: 0.15 CAD/km
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- Payment After Incentive: 1,742 CAD/month + tax
- Residual Value: 45,448 CAD
- Months to End: 21 months (Feb, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 28,000 km total
- Available Now: 29,714 km/year (2,476 per month)
- Excess Km Cost: 0.25 CAD/km
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SAVE ~3,800 CAD
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- Original Downpayment: 2,000 CAD
- Residual Value: 16,707 CAD
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Vehicle Status
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- Current Odometer: 18,000 km total
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- Current Payment: 478 CAD/month + tax
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- Original Downpayment: 32,000 CAD
- Residual Value: 18,720 CAD
- Months to End: 24 months (May, 2026)
Vehicle Status
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- Current Odometer: 24,644 km total
- Available Now: 35,678 km/year (2,973 per month)