Payment Analysis

470.00CAD/monthin Montréal, QC
    Before Taxes:
  • 470.00 CAD/month
  • 216.92 CAD/bi-weekly
  • 108.46 CAD/week
  • 5,640.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 540.41 CAD/month
  • 249.42 CAD/bi-weekly
  • 124.71 CAD/week
  • 6,484.87 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: 2,236 ~ 3,136 CAD

compared to leasing a BRAND NEW:

  • Jetta GLI Jetta GLI 2.0 TSI 228HP 7-speed automatic DSG® with Tiptronic
  • for 36 months
  • in Quebec
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 574
This Contract (CAD/month) 470
Monthly Difference 104 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 936 CAD
+ Cash Incentive** (CAD) + 500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,236 ~ 3,136
** "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: 17,961 CAD
  • Total Vehicle Debt: 39,052 CAD
  • Paid so Far: 20,591 CAD (52% Paid)
  • Remaining Lease Payments: 4,230 CAD
  • Residual Value: 14,231 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 20,591 CAD Total Vehicle Value: 39,052 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 2,261 CAD Remaining Term: 4,230 CAD
Term Paid so Far: 18,330 CAD Residual Value: 14,231 CAD
5%
47%
10%
38%
Cost to Own
Already Paid: 20,591 CAD (52%)
Cash Incentive: 500 CAD Buyout Price Today: 17,961 CAD
52% Paid
1%
47%
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: 17,961 CAD

  • 4.9%Interest Rate x 48 months
  • 413 CAD/month + tax
  • Total Payable: 19,815 CAD
  • Total Interest: 1,854 CAD
  • 8.9%Interest Rate x 48 months
  • 446 CAD/month + tax
  • Total Payable: 21,413 CAD
  • Total Interest: 3,452 CAD
  • 14.9%Interest Rate x 48 months
  • 499 CAD/month + tax
  • Total Payable: 23,950 CAD
  • Total Interest: 5,989 CAD

At the end of the Lease Contract

Residual Value: 14,231 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 327 CAD/month + tax
  • Total Payable: 15,700 CAD
  • Total Interest: 1,469 CAD
  • 8.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,966 CAD
  • Total Interest: 2,735 CAD
  • 14.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,976 CAD
  • Total Interest: 4,745 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)
4.82
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 5.47CAD/100km (TODAY without the Cash Incentive)
  • 22.56CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
13.63
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 15.45CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
1,984.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 480.77km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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