Payment Analysis
539.00CAD/monthin Mississauga, ON
- 539.00 CAD/month
- 248.77 CAD/bi-weekly
- 124.38 CAD/week
- 6,468.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 609.07 CAD/month
- 281.11 CAD/bi-weekly
- 140.55 CAD/week
- 7,308.84 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:
7,490 ~ 8,790 CAD
compared to leasing a BRAND NEW:
- Volkswagen Golf R Golf R 2.0 TSI 288HP 6-speed manual with 4MOTION® $42,4951 base MSRP
- for 36 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 709 |
|---|---|
| This Contract (CAD/month) | 539 |
| Monthly Difference | 170 CAD/month |
| Remaining Term | x 17 months |
| Total Monthly Difference | = 2,890 CAD |
| + Cash Incentive** (CAD) | + 3,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,490 ~ 8,790 |
| ** "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:
28,491 CAD
- Total Vehicle Debt: 52,200 CAD
- Paid so Far: 20,709 CAD (39% Paid)
- Remaining Lease Payments: 9,163 CAD
- Residual Value: 22,328 CAD
- Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 20,709 CAD Total Vehicle Value: 52,200 CAD
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 9,163 CAD
Term Paid so Far: 16,709 CAD Residual Value: 22,328 CAD
Cost to Own
Already Paid: 20,709 CAD (39%)
Cash Incentive: 3,000 CAD Buyout Price Today: 28,491 CAD
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: 28,491 CAD
- 4.9%Interest Rate x 48 months
- 655 CAD/month + tax
- Total Payable: 31,432 CAD
- Total Interest: 2,941 CAD
- 8.9%Interest Rate x 48 months
- 708 CAD/month + tax
- Total Payable: 33,966 CAD
- Total Interest: 5,476 CAD
- 14.9%Interest Rate x 48 months
- 791 CAD/month + tax
- Total Payable: 37,990 CAD
- Total Interest: 9,500 CAD
At the end of the Lease Contract
Residual Value: 22,328 CAD (in 17 months)
- 4.9%Interest Rate x 48 months
- 513 CAD/month + tax
- Total Payable: 24,632 CAD
- Total Interest: 2,305 CAD
- 8.9%Interest Rate x 48 months
- 555 CAD/month + tax
- Total Payable: 26,619 CAD
- Total Interest: 4,291 CAD
- 14.9%Interest Rate x 48 months
- 620 CAD/month + tax
- Total Payable: 29,772 CAD
- Total Interest: 7,445 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)
6.91
- + tax
- + fuel
- + insurance
- 10.27CAD/100km (TODAY without the Cash Incentive)
- 26.95CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
11.92
- + tax
- + insurance
- + km driven & fuel
- 17.72CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
1,210.86
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jun, 2019)
Seller Contact Info
This Contract was Already Transferred.
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