Payment Analysis
424.00CAD/monthin Georgetown, ON
- 424.00 CAD/month
- 195.69 CAD/bi-weekly
- 97.85 CAD/week
- 5,088.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 479.12 CAD/month
- 221.13 CAD/bi-weekly
- 110.57 CAD/week
- 5,749.44 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:
2,095 ~ 2,495 CAD
compared to leasing a BRAND NEW:
- Volkswagen Golf GTI Manual
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 461 |
---|---|
This Contract (CAD/month) | 424 |
Monthly Difference | 37 CAD/month |
Remaining Term | x 35 months |
Total Monthly Difference | = 1,295 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 2,095 ~ 2,495 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
34,170 CAD
- Total Vehicle Debt: 43,570 CAD
- Paid so Far: 9,400 CAD (21% Paid)
- Remaining Lease Payments: 14,840 CAD
- Residual Value: 19,330 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,400 CAD Total Vehicle Value: 43,570 CAD
Vehicle Debt Breakdown
Downpayment: 3,888 CAD Remaining Term: 14,840 CAD
Term Paid so Far: 5,512 CAD Residual Value: 19,330 CAD
Cost to Own
Already Paid: 9,400 CAD (21%)
Cash Incentive: 0 CAD Buyout Price Today: 34,170 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: 34,170 CAD
- 4.9%Interest Rate x 48 months
- 785 CAD/month + tax
- Total Payable: 37,697 CAD
- Total Interest: 3,527 CAD
- 8.9%Interest Rate x 48 months
- 849 CAD/month + tax
- Total Payable: 40,738 CAD
- Total Interest: 6,568 CAD
- 14.9%Interest Rate x 48 months
- 949 CAD/month + tax
- Total Payable: 45,564 CAD
- Total Interest: 11,394 CAD
At the end of the Lease Contract
Residual Value: 19,330 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 444 CAD/month + tax
- Total Payable: 21,325 CAD
- Total Interest: 1,995 CAD
- 8.9%Interest Rate x 48 months
- 480 CAD/month + tax
- Total Payable: 23,045 CAD
- Total Interest: 3,715 CAD
- 14.9%Interest Rate x 48 months
- 537 CAD/month + tax
- Total Payable: 25,775 CAD
- Total Interest: 6,445 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)
20.90
- + tax
- + fuel
- + insurance
- 25.44CAD/100km (Original Contract back in Nov, 2017)
Time Analysis
Cost per day: (CAD)
13.94
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
468.13
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Nov, 2017)
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