Payment Analysis

444.19CAD/monthin Ingersoll, ON
    Before Taxes:
  • 444.19 CAD/month
  • 205.01 CAD/bi-weekly
  • 102.51 CAD/week
  • 5,330.28 CAD/year
Incl. Ontario Taxes (13%):
  • 501.93 CAD/month
  • 231.66 CAD/bi-weekly
  • 115.83 CAD/week
  • 6,023.22 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: 1,520 ~ 1,920 CAD

compared to leasing a BRAND NEW:

  • Volkswagen GOLF GTI Autobahn
  • for 42 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 504
This Contract (CAD/month) 444
Monthly Difference 60 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 720 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,520 ~ 1,920

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,627 CAD
  • Total Vehicle Debt: 42,368 CAD
  • Paid so Far: 16,741 CAD (39% Paid)
  • Remaining Lease Payments: 5,330 CAD
  • Residual Value: 20,297 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,741 CAD Total Vehicle Value: 42,368 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 750 CAD Remaining Term: 5,330 CAD
Term Paid so Far: 15,991 CAD Residual Value: 20,297 CAD
1%
38%
12%
49%
Cost to Own
Already Paid: 16,741 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 25,627 CAD
39% Paid
0%
61%
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: 25,627 CAD

  • 4.9%Interest Rate x 48 months
  • 589 CAD/month + tax
  • Total Payable: 28,273 CAD
  • Total Interest: 2,646 CAD
  • 8.9%Interest Rate x 48 months
  • 637 CAD/month + tax
  • Total Payable: 30,553 CAD
  • Total Interest: 4,926 CAD
  • 14.9%Interest Rate x 48 months
  • 712 CAD/month + tax
  • Total Payable: 34,173 CAD
  • Total Interest: 8,545 CAD

At the end of the Lease Contract

Residual Value: 20,297 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,393 CAD
  • Total Interest: 2,095 CAD
  • 8.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,198 CAD
  • Total Interest: 3,901 CAD
  • 14.9%Interest Rate x 48 months
  • 564 CAD/month + tax
  • Total Payable: 27,065 CAD
  • Total Interest: 6,768 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)
6.67
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 26.65CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
14.60
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,535.67
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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