Payment Analysis

411.00CAD/monthin Montreal, QC
    Before Taxes:
  • 411.00 CAD/month
  • 189.69 CAD/bi-weekly
  • 94.85 CAD/week
  • 4,932.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 472.57 CAD/month
  • 218.11 CAD/bi-weekly
  • 109.05 CAD/week
  • 5,670.81 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: 496 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Trendline Tiguan 2.0 TSI 184HP 8-speed automatic with Tiptronic®
  • for 60 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 442
This Contract (CAD/month) 411
Monthly Difference 31 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 496 CAD
Total Savings (CAD) = 496

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,796 CAD
  • Total Vehicle Debt: 33,880 CAD
  • Paid so Far: 18,084 CAD (53% Paid)
  • Remaining Lease Payments: 6,576 CAD
  • Residual Value: 9,220 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,084 CAD Total Vehicle Value: 33,880 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,576 CAD
Term Paid so Far: 18,084 CAD Residual Value: 9,220 CAD
0%
53%
19%
28%
Cost to Own
Already Paid: 18,084 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 15,796 CAD
53% Paid
0%
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: 15,796 CAD

  • 4.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,427 CAD
  • Total Interest: 1,631 CAD
  • 8.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,832 CAD
  • Total Interest: 3,036 CAD
  • 14.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,063 CAD
  • Total Interest: 5,267 CAD

At the end of the Lease Contract

Residual Value: 9,220 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 212 CAD/month + tax
  • Total Payable: 10,172 CAD
  • Total Interest: 952 CAD
  • 8.9%Interest Rate x 48 months
  • 229 CAD/month + tax
  • Total Payable: 10,992 CAD
  • Total Interest: 1,772 CAD
  • 14.9%Interest Rate x 48 months
  • 256 CAD/month + tax
  • Total Payable: 12,294 CAD
  • Total Interest: 3,074 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)
6.58
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 24.66CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
13.51
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,442.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Sep, 2021)

Seller Contact Info

This Contract was Already Transferred.

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