This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 3,000 cash
SAVE ~4,200 CAD
CAD/month x 16 months
Transferred/Sold
2023 Volkswagen GTI (ID: #52530)
652
Toronto, ON
2023 Volkswagen
GTI Automatic 2WD Autobahn
Payment Details
- Current Payment: 652 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 464 CAD/month + tax
- Residual Value: 21,631 CAD
- Months to End: 16 months (Apr, 2027)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 8,800 km total
- Available Now: 29,400 km/year (2,450 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
651.83CAD/monthin Toronto, ON
- 651.83 CAD/month
- 300.84 CAD/bi-weekly
- 150.42 CAD/week
- 7,821.96 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 736.57 CAD/month
- 339.95 CAD/bi-weekly
- 169.98 CAD/week
- 8,838.81 CAD/year
Estimate Insurance Costs
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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:
4,216 CAD
compared to leasing a BRAND NEW:
- GTI Autobahn 2.0 TSI 241 HP 7-speed, Auto. FWD
- for 24 months
- in Ontario
- $0 down payment
- 12,000 km/year
| Leasing New (CAD/month) | 727 |
|---|---|
| This Contract (CAD/month) | 652 |
| Monthly Difference | 76 CAD/month |
| Remaining Term | x 16 months |
| Total Monthly Difference | = 1,216 CAD |
| + Cash Incentive** (CAD) | + 3,000 |
| Total Savings (CAD) | = 4,216 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,060 CAD
- Total Vehicle Debt: 52,919 CAD
- Paid so Far: 20,859 CAD (39% Paid)
- Remaining Lease Payments: 10,429 CAD
- Residual Value: 21,631 CAD
- Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 20,859 CAD Total Vehicle Value: 52,919 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,429 CAD
Term Paid so Far: 20,859 CAD Residual Value: 21,631 CAD
Cost to Own
Already Paid: 20,859 CAD (39%)
Cash Incentive: 3,000 CAD Buyout Price Today: 29,060 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: 29,060 CAD
- 4.9%Interest Rate x 48 months
- 668 CAD/month + tax
- Total Payable: 32,060 CAD
- Total Interest: 3,000 CAD
- 8.9%Interest Rate x 48 months
- 722 CAD/month + tax
- Total Payable: 34,646 CAD
- Total Interest: 5,586 CAD
- 14.9%Interest Rate x 48 months
- 807 CAD/month + tax
- Total Payable: 38,750 CAD
- Total Interest: 9,690 CAD
At the end of the Lease Contract
Residual Value: 21,631 CAD (in 16 months)
- 4.9%Interest Rate x 48 months
- 497 CAD/month + tax
- Total Payable: 23,864 CAD
- Total Interest: 2,233 CAD
- 8.9%Interest Rate x 48 months
- 537 CAD/month + tax
- Total Payable: 25,789 CAD
- Total Interest: 4,158 CAD
- 14.9%Interest Rate x 48 months
- 601 CAD/month + tax
- Total Payable: 28,844 CAD
- Total Interest: 7,213 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)
18.95
- + tax
- + fuel
- + insurance
- 26.61CAD/100km (TODAY without the Cash Incentive)
- 65.18CAD/100km (Original Contract back in Apr, 2023)
Time Analysis
Cost per day: (CAD)
15.27
- + tax
- + insurance
- + km driven & fuel
- 21.43CAD/day (Original Contract back in Apr, 2023)
Remaining Km
Can be driven up to:
565.38
- km/week
- without any
- additional costs
- 230.77km/week (Contract Original back in Apr, 2023)
Seller Contact Info
This Contract was Already Transferred.
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