Payment Analysis
380.96CAD/monthin Kitchener, ON
- 380.96 CAD/month
- 175.83 CAD/bi-weekly
- 87.91 CAD/week
- 4,571.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 430.48 CAD/month
- 198.69 CAD/bi-weekly
- 99.34 CAD/week
- 5,165.82 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:
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
| 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
Vehicle Debt Breakdown
Downpayment: 415 CAD Remaining Term: 3,048 CAD
Term Paid so Far: 15,238 CAD Residual Value: 13,882 CAD
Cost to Own
Already Paid: 15,653 CAD (48%)
Cash Incentive: 1,000 CAD Buyout Price Today: 15,929 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: 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
- 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
- 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
- 384.62km/week (Contract Original back in May, 2020)
