Payment Analysis

456.00CAD/monthin Montreal, QC
    Before Taxes:
  • 456.00 CAD/month
  • 210.46 CAD/bi-weekly
  • 105.23 CAD/week
  • 5,472.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 524.31 CAD/month
  • 241.99 CAD/bi-weekly
  • 120.99 CAD/week
  • 6,291.71 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: 1,785 ~ 2,185 CAD

compared to leasing a BRAND NEW:

  • VW GLI Jetta GLI 2.0 TSI 228HP 7-speed automatic DSG® with Tiptronic® w/ Advanced Driver Assistance Systems Package ($1,005)
  • for 42 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 553
This Contract (CAD/month) 456
Monthly Difference 97 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 485 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,785 ~ 2,185
** "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: 15,368 CAD
  • Total Vehicle Debt: 40,948 CAD
  • Paid so Far: 25,080 CAD (61% Paid)
  • Remaining Lease Payments: 2,280 CAD
  • Residual Value: 13,588 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 25,080 CAD Total Vehicle Value: 40,948 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,280 CAD
Term Paid so Far: 25,080 CAD Residual Value: 13,588 CAD
0%
61%
5%
34%
Cost to Own
Already Paid: 25,080 CAD (61%)
Cash Incentive: 500 CAD Buyout Price Today: 15,368 CAD
61% Paid
1%
38%
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: 15,368 CAD

  • 4.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,954 CAD
  • Total Interest: 1,586 CAD
  • 8.9%Interest Rate x 48 months
  • 382 CAD/month + tax
  • Total Payable: 18,321 CAD
  • Total Interest: 2,954 CAD
  • 14.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,492 CAD
  • Total Interest: 5,124 CAD

At the end of the Lease Contract

Residual Value: 13,588 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,990 CAD
  • Total Interest: 1,403 CAD
  • 8.9%Interest Rate x 48 months
  • 337 CAD/month + tax
  • Total Payable: 16,199 CAD
  • Total Interest: 2,612 CAD
  • 14.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,118 CAD
  • Total Interest: 4,531 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)
2.64
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 3.38CAD/100km (TODAY without the Cash Incentive)
  • 34.20CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
11.70
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 14.99CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
3,115.57
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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