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: 3,510 ~ 3,910 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 41 months
Total Monthly Difference = 2,460 CAD
+ Cash Incentive** (CAD) + 250
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,510 ~ 3,910
** "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: 32,270 CAD
  • Total Vehicle Debt: 34,910 CAD
  • Paid so Far: 2,390 CAD (6% Paid)
  • Remaining Lease Payments: 11,070 CAD
  • Residual Value: 21,450 CAD
  • Cash Incentive: 250 CAD
Vehicle Debt & Value
Paid so far: 2,390 CAD Total Vehicle Value: 34,910 CAD
6% Paid
94%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 11,070 CAD
Term Paid so Far: 1,890 CAD Residual Value: 21,450 CAD
1%
5%
31%
63%
Cost to Own
Already Paid: 2,390 CAD (6%)
Cash Incentive: 250 CAD Buyout Price Today: 32,270 CAD
6% Paid
0%
94%
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: 32,270 CAD

  • 4.9%Interest Rate x 48 months
  • 742 CAD/month + tax
  • Total Payable: 35,601 CAD
  • Total Interest: 3,331 CAD
  • 8.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,472 CAD
  • Total Interest: 6,202 CAD
  • 14.9%Interest Rate x 48 months
  • 896 CAD/month + tax
  • Total Payable: 43,030 CAD
  • Total Interest: 10,760 CAD

At the end of the Lease Contract

Residual Value: 21,450 CAD (in 41 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)
20.93
  • + tax
  • + fuel
  • + insurance
(inlcuding the 250CAD incentive)
Time Analysis
Cost per day: (CAD)
8.68
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 250CAD incentive)
Remaining Km
Can be driven up to:
290.99
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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