Payment Analysis

394.66CAD/monthin Ottawa, ON
    Before Taxes:
  • 394.66 CAD/month
  • 182.15 CAD/bi-weekly
  • 91.08 CAD/week
  • 4,735.92 CAD/year
Incl. Ontario Taxes (13%):
  • 445.97 CAD/month
  • 205.83 CAD/bi-weekly
  • 102.92 CAD/week
  • 5,351.59 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: 6,475 ~ 6,875 CAD

compared to leasing a BRAND NEW:

  • Tiguan, Trendline 4Motion Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 621
This Contract (CAD/month) 395
Monthly Difference 227 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 5,675 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,475 ~ 6,875

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,632 CAD
  • Total Vehicle Debt: 37,051 CAD
  • Paid so Far: 13,418 CAD (36% Paid)
  • Remaining Lease Payments: 9,867 CAD
  • Residual Value: 13,766 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,418 CAD Total Vehicle Value: 37,051 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,867 CAD
Term Paid so Far: 13,418 CAD Residual Value: 13,766 CAD
0%
36%
26%
38%
Cost to Own
Already Paid: 13,418 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 23,632 CAD
36% Paid
0%
64%
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: 23,632 CAD

  • 4.9%Interest Rate x 48 months
  • 543 CAD/month + tax
  • Total Payable: 26,072 CAD
  • Total Interest: 2,440 CAD
  • 8.9%Interest Rate x 48 months
  • 587 CAD/month + tax
  • Total Payable: 28,175 CAD
  • Total Interest: 4,542 CAD
  • 14.9%Interest Rate x 48 months
  • 657 CAD/month + tax
  • Total Payable: 31,512 CAD
  • Total Interest: 7,880 CAD

At the end of the Lease Contract

Residual Value: 13,766 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 316 CAD/month + tax
  • Total Payable: 15,187 CAD
  • Total Interest: 1,421 CAD
  • 8.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,412 CAD
  • Total Interest: 2,646 CAD
  • 14.9%Interest Rate x 48 months
  • 382 CAD/month + tax
  • Total Payable: 18,356 CAD
  • Total Interest: 4,590 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)
18.40
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 23.68CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
12.98
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
495.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2018)

Seller Contact Info

This Contract was Already Transferred.

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