Payment Analysis

493.00CAD/monthin Moncton, NB
    Before Taxes:
  • 493.00 CAD/month
  • 227.54 CAD/bi-weekly
  • 113.77 CAD/week
  • 5,916.00 CAD/year
Incl. New Brunswick Taxes (15%):
  • 566.95 CAD/month
  • 261.67 CAD/bi-weekly
  • 130.83 CAD/week
  • 6,803.40 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: 17,028 ~ 18,328 CAD

compared to leasing a BRAND NEW:

  • Golf GTI Autobahn Manual 2WD w/ Drivers Assistance Package
  • for 12 months
  • in NB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,025
This Contract (CAD/month) 493
Monthly Difference 532 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 15,428 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 17,028 ~ 18,328

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,119 CAD
  • Total Vehicle Debt: 42,486 CAD
  • Paid so Far: 9,367 CAD (22% Paid)
  • Remaining Lease Payments: 14,297 CAD
  • Residual Value: 18,822 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,367 CAD Total Vehicle Value: 42,486 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,297 CAD
Term Paid so Far: 9,367 CAD Residual Value: 18,822 CAD
0%
22%
33%
45%
Cost to Own
Already Paid: 9,367 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 33,119 CAD
22% Paid
0%
78%
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: 33,119 CAD

  • 4.9%Interest Rate x 48 months
  • 761 CAD/month + tax
  • Total Payable: 36,538 CAD
  • Total Interest: 3,419 CAD
  • 8.9%Interest Rate x 48 months
  • 823 CAD/month + tax
  • Total Payable: 39,485 CAD
  • Total Interest: 6,366 CAD
  • 14.9%Interest Rate x 48 months
  • 920 CAD/month + tax
  • Total Payable: 44,162 CAD
  • Total Interest: 11,043 CAD

At the end of the Lease Contract

Residual Value: 18,822 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 433 CAD/month + tax
  • Total Payable: 20,765 CAD
  • Total Interest: 1,943 CAD
  • 8.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,440 CAD
  • Total Interest: 3,618 CAD
  • 14.9%Interest Rate x 48 months
  • 523 CAD/month + tax
  • Total Payable: 25,098 CAD
  • Total Interest: 6,276 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)
22.69
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
  • 23.66CAD/100km (Original Contract back in Nov, 2017)
Time Analysis
Cost per day: (CAD)
16.21
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
501.33
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 480.77km/week (Contract Original back in Nov, 2017)

Seller Contact Info

This Contract was Already Transferred.