Volkswagen Lease Takeover in London, ON: 2018 Volkswagen Golf Alltrack Execline Automatique AWD ID:#19970 • LeaseCosts Canada

Payment Analysis

606.80CAD/monthin London, ON

Before Taxes:

606.80 CAD/month
280.06 CAD/bi-weekly
140.03 CAD/week
7,281.60 CAD/year

Incl. Ontario Taxes (13%):

685.68 CAD/month
316.47 CAD/bi-weekly
158.23 CAD/week
8,228.21 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: 11,304 ~ 12,604 CAD

compared to leasing a BRAND NEW:

Volkswagen Golf Alltrack Automatic AWD Execline
for 24 months
in Ontario
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	820
This Contract (CAD/month)	607
Monthly Difference	214 CAD/month
Remaining Term	x 36 months
Total Monthly Difference	= 7,704 CAD
+ Cash Incentive** (CAD)	+ 2,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 11,304 ~ 12,604
	** "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: 34,512 CAD

Total Vehicle Debt: 43,794 CAD
Paid so Far: 7,282 CAD (16% Paid)
Remaining Lease Payments: 21,845 CAD
Residual Value: 14,667 CAD
Cash Incentive: 2,000 CAD

Vehicle Debt & Value

Paid so far: 7,282 CAD Total Vehicle Value: 43,794 CAD

16% Paid

84%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 21,845 CAD

Term Paid so Far: 7,282 CAD Residual Value: 14,667 CAD

16%

50%

34%

Cost to Own

Already Paid: 7,282 CAD (16%)

Cash Incentive: 2,000 CAD Buyout Price Today: 34,512 CAD

16% Paid

80%

Additional Financing Details

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: 34,512 CAD

4.9%Interest Rate x 48 months
793 CAD/month + tax
Total Payable: 38,075 CAD
Total Interest: 3,563 CAD

8.9%Interest Rate x 48 months
857 CAD/month + tax
Total Payable: 41,145 CAD
Total Interest: 6,633 CAD

14.9%Interest Rate x 48 months
959 CAD/month + tax
Total Payable: 46,020 CAD
Total Interest: 11,508 CAD

At the end of the Lease Contract

Residual Value: 14,667 CAD (in 36 months)

4.9%Interest Rate x 48 months
337 CAD/month + tax
Total Payable: 16,181 CAD
Total Interest: 1,514 CAD

8.9%Interest Rate x 48 months
364 CAD/month + tax
Total Payable: 17,486 CAD
Total Interest: 2,819 CAD

14.9%Interest Rate x 48 months
407 CAD/month + tax
Total Payable: 19,558 CAD
Total Interest: 4,891 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)