Name: Volkswagen Lease Takeover in Kitchener, ON: 2020 Volkswagen Jetta Highline R-Line Automatic 2WD ID:#23415
Brand: Volkswagen
SKU: 23415
Price: 381 CAD
Availability: SoldOut
Rating: 4.9 (1 reviews)

Listing ID: #23415

2020 Volkswagen Jetta Highline R-Line for takeover/sale

Kitchener, ON ~C$4,200 in SAVINGS

298

+taxX 12 months

(Cash Incentive of 1,000CAD is applied)

This vehicle is SOLD

This Vehicle is Sold

Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:

Vehicle Photos

Transfer Details

+ 1,000 cash

SAVE ~4,200 CAD

CAD/month x 12 months

Transferred/Sold

2020 Volkswagen Jetta Highline R-Line (ID: #23415)

381

Kitchener, ON CarFax Canada Accident Report

2020 Volkswagen

Jetta Highline R-Line Automatic 2WD w/ Driver Assistance Package Advanced

Warranty Complete Term
Winter Tires Included

Payment Details

Current Payment: 381 CAD/month + tax
Cash Incentive: 1,000 CAD
Payment After Incentive: 298 CAD/month + tax
Original Downpayment: 415 CAD
Residual Value: 13,882 CAD
Months to End: 12 months (May, 2024)

Vehicle Status

Contract Allowance: 20,000 km/year
Current Odometer: 13,300 km total
Available Now: 66,700 km/year (5,558 per month)
Excess Km Cost: 0.12 CAD/km

Deal Special Perks

Hot Lease Takeover Deal
High End Vehicle & Options
Lots of FREE Available Km
Good Buyout Opportunity

Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.

SOLD/TRANSFERRED

Payment Analysis

380.96CAD/monthin Kitchener, ON

Before Taxes:

380.96 CAD/month
175.83 CAD/bi-weekly
87.91 CAD/week
4,571.52 CAD/year

Incl. Ontario Taxes (13%):

430.48 CAD/month
198.69 CAD/bi-weekly
99.34 CAD/week
5,165.82 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: 4,008 ~ 4,408 CAD

compared to leasing a BRAND NEW:

VW Highline Jetta 1.4 TSI 147 HP 8-speed automatic with Tiptronic® w/ R-Line Package ($1,200) + Advanced Driver Assistance Systems Package ($750)
for 36 months
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	564
This Contract (CAD/month)	381
Monthly Difference	184 CAD/month
Remaining Term	x 12 months
Total Monthly Difference	= 2,208 CAD
+ Cash Incentive** (CAD)	+ 1,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 4,008 ~ 4,408
	** "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: 17,453 CAD

Total Vehicle Debt: 32,583 CAD
Paid so Far: 14,130 CAD (43% Paid)
Remaining Lease Payments: 4,572 CAD
Residual Value: 13,882 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 14,130 CAD Total Vehicle Value: 32,583 CAD

43% Paid

57%

Vehicle Debt Breakdown

Downpayment: 415 CAD Remaining Term: 4,572 CAD

Term Paid so Far: 13,715 CAD Residual Value: 13,882 CAD

42%

14%

43%

Cost to Own

Already Paid: 14,130 CAD (43%)

Cash Incentive: 1,000 CAD Buyout Price Today: 17,453 CAD

43% Paid

54%

Additional Financing Details

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: 17,453 CAD

4.9%Interest Rate x 48 months
401 CAD/month + tax
Total Payable: 19,255 CAD
Total Interest: 1,802 CAD

8.9%Interest Rate x 48 months
433 CAD/month + tax
Total Payable: 20,808 CAD
Total Interest: 3,355 CAD

14.9%Interest Rate x 48 months
485 CAD/month + tax
Total Payable: 23,273 CAD
Total Interest: 5,820 CAD

At the end of the Lease Contract

Residual Value: 13,882 CAD (in 12 months)

4.9%Interest Rate x 48 months
319 CAD/month + tax
Total Payable: 15,315 CAD
Total Interest: 1,433 CAD

8.9%Interest Rate x 48 months
345 CAD/month + tax
Total Payable: 16,550 CAD
Total Interest: 2,668 CAD

14.9%Interest Rate x 48 months
386 CAD/month + tax
Total Payable: 18,510 CAD
Total Interest: 4,629 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)