Payment Analysis

411.06CAD/monthin Vancouver, BC
    Before Taxes:
  • 411.06 CAD/month
  • 189.72 CAD/bi-weekly
  • 94.86 CAD/week
  • 4,932.72 CAD/year
Incl. B.C. Taxes (12%):
  • 460.39 CAD/month
  • 212.49 CAD/bi-weekly
  • 106.24 CAD/week
  • 5,524.65 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: 2,908 ~ 3,808 CAD

compared to leasing a BRAND NEW:

  • VW Jetta Highline 8-speed automatic with Tiptronic® w/ Advanced Driver Assistance Systems Package (1,005CAD)
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 414
This Contract (CAD/month) 411
Monthly Difference 3 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 108 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,908 ~ 3,808
** "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: 24,988 CAD
  • Total Vehicle Debt: 31,510 CAD
  • Paid so Far: 4,522 CAD (14% Paid)
  • Remaining Lease Payments: 14,798 CAD
  • Residual Value: 12,190 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 4,522 CAD Total Vehicle Value: 31,510 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,798 CAD
Term Paid so Far: 4,522 CAD Residual Value: 12,190 CAD
0%
14%
47%
39%
Cost to Own
Already Paid: 4,522 CAD (14%)
Cash Incentive: 2,000 CAD Buyout Price Today: 24,988 CAD
14% Paid
6%
80%
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: 24,988 CAD

  • 4.9%Interest Rate x 48 months
  • 574 CAD/month + tax
  • Total Payable: 27,568 CAD
  • Total Interest: 2,580 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,791 CAD
  • Total Interest: 4,803 CAD
  • 14.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,320 CAD
  • Total Interest: 8,332 CAD

At the end of the Lease Contract

Residual Value: 12,190 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,448 CAD
  • Total Interest: 1,258 CAD
  • 8.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,533 CAD
  • Total Interest: 2,343 CAD
  • 14.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,255 CAD
  • Total Interest: 4,065 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)
21.21
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 24.53CAD/100km (TODAY without the Cash Incentive)
  • 24.66CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
11.69
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 13.51CAD/day (Original Contract back in Apr, 2019)
Remaining Km
Can be driven up to:
386.75
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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