This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,000 cash
Volkswagen Lease Takeover in Kitchener: 2020 Volkswagen Jetta Highline R-Line Automatic 2WD ID:#23415
SAVE ~3,500 CAD
CAD/month x 8 months
Transferred/Sold
2020 Volkswagen Jetta Highline R-Line (ID: #23415)
381
Kitchener, ONCarFax Canada Accident Report
2020 Volkswagen

Jetta Highline R-Line Automatic 2WD w/ Driver Assistance Package Advanced

View CarFax Canada Report

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 381 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 256 CAD/month + tax
  • Original Downpayment: 415 CAD
  • Residual Value: 13,882 CAD
  • Months to End: 8 months (May, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 13,300 km total
  • Available Now: 100,050 km/year (8,338 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

380.96CAD/monthin Kitchener, ON
    Before Taxes:
  • 380.96 CAD/month
  • 175.83 CAD/bi-weekly
  • 87.91 CAD/week
  • 4,571.52 CAD/year
Incl. Ontario Taxes (13%):
  • 430.48 CAD/month
  • 198.69 CAD/bi-weekly
  • 99.34 CAD/week
  • 5,165.82 CAD/year

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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: 3,272 ~ 3,672 CAD

compared to leasing a BRAND NEW:

  • VW Highline Jetta 1.4 TSI 147 HP 8-speed automatic with Tiptronic® w/ R-Line Package ($1,200) + Advanced Driver Assistance Systems Package ($750)
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 564
This Contract (CAD/month) 381
Monthly Difference 184 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 1,472 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,272 ~ 3,672
** "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: 15,929 CAD
  • Total Vehicle Debt: 32,583 CAD
  • Paid so Far: 15,653 CAD (48% Paid)
  • Remaining Lease Payments: 3,048 CAD
  • Residual Value: 13,882 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 15,653 CAD Total Vehicle Value: 32,583 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 415 CAD Remaining Term: 3,048 CAD
Term Paid so Far: 15,238 CAD Residual Value: 13,882 CAD
1%
47%
9%
43%
Cost to Own
Already Paid: 15,653 CAD (48%)
Cash Incentive: 1,000 CAD Buyout Price Today: 15,929 CAD
48% Paid
3%
49%
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: 15,929 CAD

  • 4.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,574 CAD
  • Total Interest: 1,644 CAD
  • 8.9%Interest Rate x 48 months
  • 396 CAD/month + tax
  • Total Payable: 18,991 CAD
  • Total Interest: 3,062 CAD
  • 14.9%Interest Rate x 48 months
  • 443 CAD/month + tax
  • Total Payable: 21,241 CAD
  • Total Interest: 5,312 CAD

At the end of the Lease Contract

Residual Value: 13,882 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,315 CAD
  • Total Interest: 1,433 CAD
  • 8.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,550 CAD
  • Total Interest: 2,668 CAD
  • 14.9%Interest Rate x 48 months
  • 386 CAD/month + tax
  • Total Payable: 18,510 CAD
  • Total Interest: 4,629 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)
3.07
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 4.57CAD/100km (TODAY without the Cash Incentive)
  • 22.86CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
8.42
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 12.52CAD/day (Original Contract back in May, 2020)
Remaining Km
Can be driven up to:
1,924.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.