Payment Analysis

270.00CAD/monthin Laval, QC
    Before Taxes:
  • 270.00 CAD/month
  • 124.62 CAD/bi-weekly
  • 62.31 CAD/week
  • 3,240.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 310.45 CAD/month
  • 143.28 CAD/bi-weekly
  • 71.64 CAD/week
  • 3,725.35 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: 2,190 ~ 2,590 CAD

compared to leasing a BRAND NEW:

  • Hyundai Elantra GT
  • for 36 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 331
This Contract (CAD/month) 270
Monthly Difference 60 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 1,140 CAD
+ Cash Incentive** (CAD) + 250
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,190 ~ 2,590
** "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: 26,330 CAD
  • Total Vehicle Debt: 34,910 CAD
  • Paid so Far: 8,330 CAD (23% Paid)
  • Remaining Lease Payments: 5,130 CAD
  • Residual Value: 21,450 CAD
  • Cash Incentive: 250 CAD
Vehicle Debt & Value
Paid so far: 8,330 CAD Total Vehicle Value: 34,910 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 5,130 CAD
Term Paid so Far: 7,830 CAD Residual Value: 21,450 CAD
1%
22%
14%
63%
Cost to Own
Already Paid: 8,330 CAD (23%)
Cash Incentive: 250 CAD Buyout Price Today: 26,330 CAD
23% Paid
0%
77%
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: 26,330 CAD

  • 4.9%Interest Rate x 48 months
  • 605 CAD/month + tax
  • Total Payable: 29,048 CAD
  • Total Interest: 2,718 CAD
  • 8.9%Interest Rate x 48 months
  • 654 CAD/month + tax
  • Total Payable: 31,391 CAD
  • Total Interest: 5,061 CAD
  • 14.9%Interest Rate x 48 months
  • 731 CAD/month + tax
  • Total Payable: 35,110 CAD
  • Total Interest: 8,780 CAD

At the end of the Lease Contract

Residual Value: 21,450 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 493 CAD/month + tax
  • Total Payable: 23,664 CAD
  • Total Interest: 2,214 CAD
  • 8.9%Interest Rate x 48 months
  • 533 CAD/month + tax
  • Total Payable: 25,573 CAD
  • Total Interest: 4,123 CAD
  • 14.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,602 CAD
  • Total Interest: 7,152 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)
9.44
  • + tax
  • + fuel
  • + insurance
(inlcuding the 250CAD incentive)
  • 9.92CAD/100km (TODAY without the Cash Incentive)
  • 16.20CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
8.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 250CAD incentive)
  • 8.88CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
627.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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