Payment Analysis

428.00CAD/monthin North York, ON
    Before Taxes:
  • 428.00 CAD/month
  • 197.54 CAD/bi-weekly
  • 98.77 CAD/week
  • 5,136.00 CAD/year
Incl. Ontario Taxes (13%):
  • 483.64 CAD/month
  • 223.22 CAD/bi-weekly
  • 111.61 CAD/week
  • 5,803.68 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: 23,392 ~ 24,692 CAD

compared to leasing a BRAND NEW:

  • Kia Optima EX
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 882
This Contract (CAD/month) 428
Monthly Difference 454 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 21,792 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 23,392 ~ 24,692

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)
40.41
  • + tax
  • + fuel
  • + insurance
(or 0.40CAD per km)
Time Analysis
Cost per day: (CAD)
14.07
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
244.39
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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