Payment Analysis

356.00CAD/monthin Montreal, QC
    Before Taxes:
  • 356.00 CAD/month
  • 164.31 CAD/bi-weekly
  • 82.15 CAD/week
  • 4,272.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 409.33 CAD/month
  • 188.92 CAD/bi-weekly
  • 94.46 CAD/week
  • 4,911.95 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: 1,700 ~ 3,000 CAD

compared to leasing a BRAND NEW:

  • Jetta Highline Manual 2WD
  • for 48 months
  • in QC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 381
This Contract (CAD/month) 356
Monthly Difference 25 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 100 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,700 ~ 3,000

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 7,405 CAD
  • Total Vehicle Debt: 28,311 CAD
  • Paid so Far: 20,906 CAD (73% Paid)
  • Remaining Lease Payments: 1,424 CAD
  • Residual Value: 5,981 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,906 CAD Total Vehicle Value: 28,311 CAD
73% Paid
27%
Vehicle Debt Breakdown
Downpayment: 970 CAD Remaining Term: 1,424 CAD
Term Paid so Far: 19,936 CAD Residual Value: 5,981 CAD
3%
70%
5%
22%
Cost to Own
Already Paid: 20,906 CAD (73%)
Cash Incentive: 0 CAD Buyout Price Today: 7,405 CAD
73% Paid
0%
27%
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: 7,405 CAD

  • 4.9%Interest Rate x 48 months
  • 170 CAD/month + tax
  • Total Payable: 8,169 CAD
  • Total Interest: 764 CAD
  • 8.9%Interest Rate x 48 months
  • 184 CAD/month + tax
  • Total Payable: 8,828 CAD
  • Total Interest: 1,423 CAD
  • 14.9%Interest Rate x 48 months
  • 206 CAD/month + tax
  • Total Payable: 9,874 CAD
  • Total Interest: 2,469 CAD

At the end of the Lease Contract

Residual Value: 5,981 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 137 CAD/month + tax
  • Total Payable: 6,598 CAD
  • Total Interest: 617 CAD
  • 8.9%Interest Rate x 48 months
  • 149 CAD/month + tax
  • Total Payable: 7,131 CAD
  • Total Interest: 1,150 CAD
  • 14.9%Interest Rate x 48 months
  • 166 CAD/month + tax
  • Total Payable: 7,975 CAD
  • Total Interest: 1,994 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)
0.96
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 13.35CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
11.70
  • + tax
  • + insurance
  • + km driven & fuel
(0.82CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
8,596.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 615.38km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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