Payment Analysis

310.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 310.00 CAD/month
  • 143.08 CAD/bi-weekly
  • 71.54 CAD/week
  • 3,720.00 CAD/year
Incl. Ontario Taxes (13%):
  • 350.30 CAD/month
  • 161.68 CAD/bi-weekly
  • 80.84 CAD/week
  • 4,203.60 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: 342 CAD

compared to leasing a BRAND NEW:

  • VW Comfortline Jetta 1.4 TSI 147 HP 8-speed automatic with Tiptronic®
  • for 48 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 348
This Contract (CAD/month) 310
Monthly Difference 38 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 342 CAD
Total Savings (CAD) = 342

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,506 CAD
  • Total Vehicle Debt: 27,596 CAD
  • Paid so Far: 12,090 CAD (43% Paid)
  • Remaining Lease Payments: 2,790 CAD
  • Residual Value: 12,716 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,090 CAD Total Vehicle Value: 27,596 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,790 CAD
Term Paid so Far: 12,090 CAD Residual Value: 12,716 CAD
0%
43%
10%
47%
Cost to Own
Already Paid: 12,090 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 15,506 CAD
43% Paid
0%
57%
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: 15,506 CAD

  • 4.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,107 CAD
  • Total Interest: 1,601 CAD
  • 8.9%Interest Rate x 48 months
  • 385 CAD/month + tax
  • Total Payable: 18,486 CAD
  • Total Interest: 2,980 CAD
  • 14.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,676 CAD
  • Total Interest: 5,170 CAD

At the end of the Lease Contract

Residual Value: 12,716 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 292 CAD/month + tax
  • Total Payable: 14,029 CAD
  • Total Interest: 1,313 CAD
  • 8.9%Interest Rate x 48 months
  • 316 CAD/month + tax
  • Total Payable: 15,160 CAD
  • Total Interest: 2,444 CAD
  • 14.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,956 CAD
  • Total Interest: 4,240 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)
4.36
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 23.25CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
10.19
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,641.03
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 307.69km/week (Contract Original back in Sep, 2021)

Seller Contact Info

This Contract was Already Transferred.

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  • Current Payment: 702 CAD/month + tax
  • Months to End: 25 months (Feb, 2027)
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  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 28,800 km/year (2,400 per month)
  • Excess Km Cost: 0.15 CAD/km
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