Payment Analysis

384.25CAD/monthin Mississauga, ON
    Before Taxes:
  • 384.25 CAD/month
  • 177.35 CAD/bi-weekly
  • 88.67 CAD/week
  • 4,611.00 CAD/year
Incl. Ontario Taxes (13%):
  • 434.20 CAD/month
  • 200.40 CAD/bi-weekly
  • 100.20 CAD/week
  • 5,210.43 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: 2,300 ~ 2,700 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Trendline Tiguan 2.0 TSI 184HP 8-speed automatic with Tiptronic® 4MOTION®
  • for 42 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 484
This Contract (CAD/month) 384
Monthly Difference 100 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 500 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,300 ~ 2,700
** "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: 13,159 CAD
  • Total Vehicle Debt: 35,293 CAD
  • Paid so Far: 21,134 CAD (59% Paid)
  • Remaining Lease Payments: 1,921 CAD
  • Residual Value: 12,238 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 21,134 CAD Total Vehicle Value: 35,293 CAD
59% Paid
41%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,921 CAD
Term Paid so Far: 21,134 CAD Residual Value: 12,238 CAD
0%
59%
5%
36%
Cost to Own
Already Paid: 21,134 CAD (59%)
Cash Incentive: 1,000 CAD Buyout Price Today: 13,159 CAD
59% Paid
2%
39%
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: 13,159 CAD

  • 4.9%Interest Rate x 48 months
  • 302 CAD/month + tax
  • Total Payable: 14,517 CAD
  • Total Interest: 1,358 CAD
  • 8.9%Interest Rate x 48 months
  • 327 CAD/month + tax
  • Total Payable: 15,688 CAD
  • Total Interest: 2,529 CAD
  • 14.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,547 CAD
  • Total Interest: 4,388 CAD

At the end of the Lease Contract

Residual Value: 12,238 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 281 CAD/month + tax
  • Total Payable: 13,501 CAD
  • Total Interest: 1,263 CAD
  • 8.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,590 CAD
  • Total Interest: 2,352 CAD
  • 14.9%Interest Rate x 48 months
  • 340 CAD/month + tax
  • Total Payable: 16,318 CAD
  • Total Interest: 4,081 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)
0.87
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 1.80CAD/100km (TODAY without the Cash Incentive)
  • 18.44CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
6.06
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 12.63CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
4,915.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 480.77km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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