Payment Analysis

480.00CAD/monthin Brampton, ON
    Before Taxes:
  • 480.00 CAD/month
  • 221.54 CAD/bi-weekly
  • 110.77 CAD/week
  • 5,760.00 CAD/year
Incl. Ontario Taxes (13%):
  • 542.40 CAD/month
  • 250.34 CAD/bi-weekly
  • 125.17 CAD/week
  • 6,508.80 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: 232 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Golf GTI 2.0 Autobahn TSI 228HP 7-speed automatic DSG® with Tiptronic® ($38,1451 base MSRP)
  • for 60 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 509
This Contract (CAD/month) 480
Monthly Difference 29 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 232 CAD
Total Savings (CAD) = 232

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 3,841 CAD
  • Total Vehicle Debt: 39,361 CAD
  • Paid so Far: 35,520 CAD (90% Paid)
  • Remaining Lease Payments: 3,840 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 35,520 CAD Total Vehicle Value: 39,361 CAD
90% Paid
10%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,840 CAD
Term Paid so Far: 35,520 CAD Residual Value: 1 CAD
0%
90%
9%
1%
Cost to Own
Already Paid: 35,520 CAD (90%)
Cash Incentive: 0 CAD Buyout Price Today: 3,841 CAD
90% Paid
0%
10%
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: 3,841 CAD

  • 4.9%Interest Rate x 48 months
  • 88 CAD/month + tax
  • Total Payable: 4,238 CAD
  • Total Interest: 397 CAD
  • 8.9%Interest Rate x 48 months
  • 95 CAD/month + tax
  • Total Payable: 4,579 CAD
  • Total Interest: 738 CAD
  • 14.9%Interest Rate x 48 months
  • 107 CAD/month + tax
  • Total Payable: 5,122 CAD
  • Total Interest: 1,281 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
1.02
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 9.60CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
15.78
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
10,817.31
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,153.85km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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