Payment Analysis

454.80CAD/monthin Pickering
    Before Taxes:
  • 454.80 CAD/month
  • 209.91 CAD/bi-weekly
  • 104.95 CAD/week
  • 5,457.60 CAD/year
Incl. Ontario Taxes (13%):
  • 513.92 CAD/month
  • 237.20 CAD/bi-weekly
  • 118.60 CAD/week
  • 6,167.09 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: 21,550 ~ 22,850 CAD

compared to leasing a BRAND NEW:

  • Kia Sportage EX Premium
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 929
This Contract (CAD/month) 455
Monthly Difference 475 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 19,950 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 21,550 ~ 22,850

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,329 CAD
  • Total Vehicle Debt: 38,057 CAD
  • Paid so Far: 2,729 CAD (7% Paid)
  • Remaining Lease Payments: 19,102 CAD
  • Residual Value: 16,227 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,729 CAD Total Vehicle Value: 38,057 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,102 CAD
Term Paid so Far: 2,729 CAD Residual Value: 16,227 CAD
0%
7%
50%
43%
Cost to Own
Already Paid: 2,729 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 35,329 CAD
7% Paid
0%
93%
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: 35,329 CAD

  • 4.9%Interest Rate x 48 months
  • 812 CAD/month + tax
  • Total Payable: 38,976 CAD
  • Total Interest: 3,647 CAD
  • 8.9%Interest Rate x 48 months
  • 877 CAD/month + tax
  • Total Payable: 42,119 CAD
  • Total Interest: 6,790 CAD
  • 14.9%Interest Rate x 48 months
  • 981 CAD/month + tax
  • Total Payable: 47,109 CAD
  • Total Interest: 11,780 CAD

At the end of the Lease Contract

Residual Value: 16,227 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,902 CAD
  • Total Interest: 1,675 CAD
  • 8.9%Interest Rate x 48 months
  • 403 CAD/month + tax
  • Total Payable: 19,346 CAD
  • Total Interest: 3,119 CAD
  • 14.9%Interest Rate x 48 months
  • 451 CAD/month + tax
  • Total Payable: 21,638 CAD
  • Total Interest: 5,411 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)
106.12
  • + tax
  • + fuel
  • + insurance
(or 1.06CAD per km)
Time Analysis
Cost per day: (CAD)
14.95
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
98.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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