Payment Analysis

462.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 462.00 CAD/month
  • 213.23 CAD/bi-weekly
  • 106.62 CAD/week
  • 5,544.00 CAD/year
Incl. B.C. Taxes (12%):
  • 517.44 CAD/month
  • 238.82 CAD/bi-weekly
  • 119.41 CAD/week
  • 6,209.28 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: 252 CAD

compared to leasing a BRAND NEW:

  • Hyundai Venue Ultimate
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 480
This Contract (CAD/month) 462
Monthly Difference 18 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 252 CAD
Total Savings (CAD) = 252

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 6,480 CAD
  • Total Vehicle Debt: 22,188 CAD
  • Paid so Far: 15,708 CAD (70% Paid)
  • Remaining Lease Payments: 6,468 CAD
  • Residual Value: 12 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,708 CAD Total Vehicle Value: 22,188 CAD
70% Paid
30%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,468 CAD
Term Paid so Far: 15,708 CAD Residual Value: 12 CAD
0%
70%
29%
1%
Cost to Own
Already Paid: 15,708 CAD (70%)
Cash Incentive: 0 CAD Buyout Price Today: 6,480 CAD
70% Paid
0%
30%
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: 6,480 CAD

  • 4.9%Interest Rate x 48 months
  • 149 CAD/month + tax
  • Total Payable: 7,149 CAD
  • Total Interest: 669 CAD
  • 8.9%Interest Rate x 48 months
  • 161 CAD/month + tax
  • Total Payable: 7,725 CAD
  • Total Interest: 1,245 CAD
  • 14.9%Interest Rate x 48 months
  • 180 CAD/month + tax
  • Total Payable: 8,640 CAD
  • Total Interest: 2,161 CAD

At the end of the Lease Contract

Residual Value: 12 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 13 CAD
  • Total Interest: 1 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 14 CAD
  • Total Interest: 2 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 16 CAD
  • Total Interest: 4 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)
8.40
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 27.72CAD/100km (Original Contract back in Jan, 2023)
Time Analysis
Cost per day: (CAD)
15.19
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,269.23
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jan, 2023)

Seller Contact Info

This Contract was Already Transferred.

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