Payment Analysis
409.00CAD/monthin Hamilton, ON
- 409.00 CAD/month
- 188.77 CAD/bi-weekly
- 94.38 CAD/week
- 4,908.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 462.17 CAD/month
- 213.31 CAD/bi-weekly
- 106.65 CAD/week
- 5,546.04 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:
17,094 CAD
compared to leasing a BRAND NEW:
- Elantra Sport Automatic 2WD w/ Tech Package
- for 12 months
- in Ontario
- $0 down payment
- 36,000 km/year
| Leasing New (CAD/month) | 871 |
|---|---|
| This Contract (CAD/month) | 409 |
| Monthly Difference | 462 CAD/month |
| Remaining Term | x 37 months |
| Total Monthly Difference | = 17,094 CAD |
| Total Savings (CAD) | = 17,094 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,628 CAD
- Total Vehicle Debt: 27,583 CAD
- Paid so Far: -2,045 CAD (-8% Paid)
- Remaining Lease Payments: 15,133 CAD
- Residual Value: 14,495 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -2,045 CAD Total Vehicle Value: 27,583 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,133 CAD
Term Paid so Far: -2,045 CAD Residual Value: 14,495 CAD
Cost to Own
Already Paid: -2,045 CAD (-8%)
Cash Incentive: 0 CAD Buyout Price Today: 29,628 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: 29,628 CAD
- 4.9%Interest Rate x 48 months
- 681 CAD/month + tax
- Total Payable: 32,687 CAD
- Total Interest: 3,059 CAD
- 8.9%Interest Rate x 48 months
- 736 CAD/month + tax
- Total Payable: 35,323 CAD
- Total Interest: 5,695 CAD
- 14.9%Interest Rate x 48 months
- 823 CAD/month + tax
- Total Payable: 39,507 CAD
- Total Interest: 9,879 CAD
At the end of the Lease Contract
Residual Value: 14,495 CAD (in 37 months)
- 4.9%Interest Rate x 48 months
- 333 CAD/month + tax
- Total Payable: 15,991 CAD
- Total Interest: 1,496 CAD
- 8.9%Interest Rate x 48 months
- 360 CAD/month + tax
- Total Payable: 17,281 CAD
- Total Interest: 2,786 CAD
- 14.9%Interest Rate x 48 months
- 403 CAD/month + tax
- Total Payable: 19,328 CAD
- Total Interest: 4,833 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)
44.86
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
13.45
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
210.40
- km/week
- without any
- additional costs
