Payment Analysis
355.88CAD/monthin Gatineau, QC
- 355.88 CAD/month
- 164.25 CAD/bi-weekly
- 82.13 CAD/week
- 4,270.56 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 409.19 CAD/month
- 188.86 CAD/bi-weekly
- 94.43 CAD/week
- 4,910.29 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:
2,577 ~ 3,877 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LTHighline Jetta 1.4 TSI 147 HP 8-speed automatic with Tiptronic
- for 36 months
- in Quebec
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 408 |
|---|---|
| This Contract (CAD/month) | 356 |
| Monthly Difference | 53 CAD/month |
| Remaining Term | x 9 months |
| Total Monthly Difference | = 477 CAD |
| + Cash Incentive** (CAD) | + 500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,577 ~ 3,877 |
| ** "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:
13,921 CAD
- Total Vehicle Debt: 30,435 CAD
- Paid so Far: 16,015 CAD (52% Paid)
- Remaining Lease Payments: 3,203 CAD
- Residual Value: 11,218 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 16,015 CAD Total Vehicle Value: 30,435 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,203 CAD
Term Paid so Far: 16,015 CAD Residual Value: 11,218 CAD
Cost to Own
Already Paid: 16,015 CAD (52%)
Cash Incentive: 500 CAD Buyout Price Today: 13,921 CAD
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: 13,921 CAD
- 4.9%Interest Rate x 48 months
- 320 CAD/month + tax
- Total Payable: 15,358 CAD
- Total Interest: 1,437 CAD
- 8.9%Interest Rate x 48 months
- 346 CAD/month + tax
- Total Payable: 16,596 CAD
- Total Interest: 2,676 CAD
- 14.9%Interest Rate x 48 months
- 387 CAD/month + tax
- Total Payable: 18,563 CAD
- Total Interest: 4,642 CAD
At the end of the Lease Contract
Residual Value: 11,218 CAD (in 9 months)
- 4.9%Interest Rate x 48 months
- 258 CAD/month + tax
- Total Payable: 12,376 CAD
- Total Interest: 1,158 CAD
- 8.9%Interest Rate x 48 months
- 279 CAD/month + tax
- Total Payable: 13,374 CAD
- Total Interest: 2,156 CAD
- 14.9%Interest Rate x 48 months
- 312 CAD/month + tax
- Total Payable: 14,958 CAD
- Total Interest: 3,741 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)
3.92
- + tax
- + fuel
- + insurance
- 4.64CAD/100km (TODAY without the Cash Incentive)
- 21.35CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
9.87
- + tax
- + insurance
- + km driven & fuel
- 11.70CAD/day (Original Contract back in Jan, 2019)
Remaining Km
Can be driven up to:
1,769.23
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2019)
