Volkswagen Lease Takeover in Toronto, ON: 2019 Volkswagen Jetta Automatique AWD ID:#16528 • LeaseCosts Canada

Payment Analysis

389.62CAD/monthin Toronto, ON

Before Taxes:

389.62 CAD/month
179.82 CAD/bi-weekly
89.91 CAD/week
4,675.44 CAD/year

Incl. Ontario Taxes (13%):

440.27 CAD/month
203.20 CAD/bi-weekly
101.60 CAD/week
5,283.25 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: 1,600 ~ 2,900 CAD

compared to leasing a BRAND NEW:

VW Execline Jetta 1.4 TSI 147 HP 8-speed automatic with Tiptronic
for 48 months
in Ontario
$0 down payment
25,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	410
This Contract (CAD/month)	390
Monthly Difference	21 CAD/month
Remaining Term	x 0 months
Total Monthly Difference	= 0 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 1,600 ~ 2,900

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 9,854 CAD

Total Vehicle Debt: 33,231 CAD
Paid so Far: 23,377 CAD (70% Paid)
Remaining Lease Payments: 0 CAD
Residual Value: 9,854 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 23,377 CAD Total Vehicle Value: 33,231 CAD

70% Paid

30%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 0 CAD

Term Paid so Far: 23,377 CAD Residual Value: 9,854 CAD

70%

30%

Cost to Own

Already Paid: 23,377 CAD (70%)

Cash Incentive: 0 CAD Buyout Price Today: 9,854 CAD

70% Paid

30%

Additional Financing Details

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: 9,854 CAD

4.9%Interest Rate x 48 months
226 CAD/month + tax
Total Payable: 10,871 CAD
Total Interest: 1,017 CAD

8.9%Interest Rate x 48 months
245 CAD/month + tax
Total Payable: 11,748 CAD
Total Interest: 1,894 CAD

14.9%Interest Rate x 48 months
274 CAD/month + tax
Total Payable: 13,139 CAD
Total Interest: 3,286 CAD

At the end of the Lease Contract

Residual Value: 9,854 CAD (in 1 months)

4.9%Interest Rate x 48 months
226 CAD/month + tax
Total Payable: 10,871 CAD
Total Interest: 1,017 CAD

8.9%Interest Rate x 48 months
245 CAD/month + tax
Total Payable: 11,748 CAD
Total Interest: 1,894 CAD

14.9%Interest Rate x 48 months
274 CAD/month + tax
Total Payable: 13,139 CAD
Total Interest: 3,286 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)