Payment Analysis

668.00CAD/monthin Toronto, ON
    Before Taxes:
  • 668.00 CAD/month
  • 308.31 CAD/bi-weekly
  • 154.15 CAD/week
  • 8,016.00 CAD/year
Incl. Ontario Taxes (13%):
  • 754.84 CAD/month
  • 348.39 CAD/bi-weekly
  • 174.19 CAD/week
  • 9,058.08 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: 8,667 ~ 9,967 CAD

compared to leasing a BRAND NEW:

  • Golf R
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 860
This Contract (CAD/month) 668
Monthly Difference 191 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 7,067 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,667 ~ 9,967

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 59,716 CAD
  • Total Vehicle Debt: 64,048 CAD
  • Paid so Far: 4,332 CAD (6% Paid)
  • Remaining Lease Payments: 24,716 CAD
  • Residual Value: 35,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,332 CAD Total Vehicle Value: 64,048 CAD
6% Paid
94%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 24,716 CAD
Term Paid so Far: -668 CAD Residual Value: 35,000 CAD
6%
0%
38%
56%
Cost to Own
Already Paid: 4,332 CAD (6%)
Cash Incentive: 0 CAD Buyout Price Today: 59,716 CAD
6% Paid
0%
94%
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: 59,716 CAD

  • 4.9%Interest Rate x 48 months
  • 1,373 CAD/month + tax
  • Total Payable: 65,881 CAD
  • Total Interest: 6,165 CAD
  • 8.9%Interest Rate x 48 months
  • 1,483 CAD/month + tax
  • Total Payable: 71,194 CAD
  • Total Interest: 11,478 CAD
  • 14.9%Interest Rate x 48 months
  • 1,659 CAD/month + tax
  • Total Payable: 79,628 CAD
  • Total Interest: 19,912 CAD

At the end of the Lease Contract

Residual Value: 35,000 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 804 CAD/month + tax
  • Total Payable: 38,613 CAD
  • Total Interest: 3,613 CAD
  • 8.9%Interest Rate x 48 months
  • 869 CAD/month + tax
  • Total Payable: 41,727 CAD
  • Total Interest: 6,727 CAD
  • 14.9%Interest Rate x 48 months
  • 972 CAD/month + tax
  • Total Payable: 46,671 CAD
  • Total Interest: 11,671 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)
41.19
  • + tax
  • + fuel
  • + insurance
(or 0.41CAD per km)
Time Analysis
Cost per day: (CAD)
21.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
374.22
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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