Payment Analysis
257.34CAD/monthin Kitchener, ON
- 257.34 CAD/month
- 118.77 CAD/bi-weekly
- 59.39 CAD/week
- 3,088.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 290.79 CAD/month
- 134.21 CAD/bi-weekly
- 67.11 CAD/week
- 3,489.53 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:
5,664 ~ 6,064 CAD
compared to leasing a BRAND NEW:
- Hyundai GL
- for 33 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 396 |
|---|---|
| This Contract (CAD/month) | 257 |
| Monthly Difference | 138 CAD/month |
| Remaining Term | x 28 months |
| Total Monthly Difference | = 3,864 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 5,664 ~ 6,064 |
| ** "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:
15,705 CAD
- Total Vehicle Debt: 21,852 CAD
- Paid so Far: 5,147 CAD (23% Paid)
- Remaining Lease Payments: 7,206 CAD
- Residual Value: 9,500 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 5,147 CAD Total Vehicle Value: 21,852 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,206 CAD
Term Paid so Far: 5,147 CAD Residual Value: 9,500 CAD
Cost to Own
Already Paid: 5,147 CAD (23%)
Cash Incentive: 1,000 CAD Buyout Price Today: 15,705 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: 15,705 CAD
- 4.9%Interest Rate x 48 months
- 361 CAD/month + tax
- Total Payable: 17,327 CAD
- Total Interest: 1,621 CAD
- 8.9%Interest Rate x 48 months
- 390 CAD/month + tax
- Total Payable: 18,724 CAD
- Total Interest: 3,019 CAD
- 14.9%Interest Rate x 48 months
- 436 CAD/month + tax
- Total Payable: 20,942 CAD
- Total Interest: 5,237 CAD
At the end of the Lease Contract
Residual Value: 9,500 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 218 CAD/month + tax
- Total Payable: 10,480 CAD
- Total Interest: 981 CAD
- 8.9%Interest Rate x 48 months
- 236 CAD/month + tax
- Total Payable: 11,326 CAD
- Total Interest: 1,826 CAD
- 14.9%Interest Rate x 48 months
- 264 CAD/month + tax
- Total Payable: 12,667 CAD
- Total Interest: 3,168 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)
13.35
- + tax
- + fuel
- + insurance
- 15.50CAD/100km (TODAY without the Cash Incentive)
- 19.30CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
7.29
- + tax
- + insurance
- + km driven & fuel
- 8.46CAD/day (Original Contract back in Dec, 2017)
Remaining Km
Can be driven up to:
383.24
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Dec, 2017)
