Payment Analysis
444.19CAD/monthin Ingersoll, ON
- 444.19 CAD/month
- 205.01 CAD/bi-weekly
- 102.51 CAD/week
- 5,330.28 CAD/year
Before Taxes:
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:
920 ~ 1,320 CAD
compared to leasing a BRAND NEW:
- Volkswagen GOLF GTI Autobahn
- for 42 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 504 |
|---|---|
| This Contract (CAD/month) | 444 |
| Monthly Difference | 60 CAD/month |
| Remaining Term | x 2 months |
| Total Monthly Difference | = 120 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 920 ~ 1,320 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
21,186 CAD
- Total Vehicle Debt: 42,368 CAD
- Paid so Far: 21,183 CAD (49% Paid)
- Remaining Lease Payments: 888 CAD
- Residual Value: 20,297 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,183 CAD Total Vehicle Value: 42,368 CAD
Vehicle Debt Breakdown
Downpayment: 750 CAD Remaining Term: 888 CAD
Term Paid so Far: 20,433 CAD Residual Value: 20,297 CAD
Cost to Own
Already Paid: 21,183 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 21,186 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: 21,186 CAD
- 4.9%Interest Rate x 48 months
- 487 CAD/month + tax
- Total Payable: 23,373 CAD
- Total Interest: 2,187 CAD
- 8.9%Interest Rate x 48 months
- 526 CAD/month + tax
- Total Payable: 25,258 CAD
- Total Interest: 4,072 CAD
- 14.9%Interest Rate x 48 months
- 589 CAD/month + tax
- Total Payable: 28,250 CAD
- Total Interest: 7,064 CAD
At the end of the Lease Contract
Residual Value: 20,297 CAD (in 2 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)
1.11
- + tax
- + fuel
- + insurance
- 26.65CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
14.60
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
9,214.04
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2021)
