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: 13,872 ~ 15,172 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 48 months
Total Monthly Difference = 10,272 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 13,872 ~ 15,172
** "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: 41,794 CAD
  • Total Vehicle Debt: 43,794 CAD
  • Paid so Far: 0 CAD (0% Paid)
  • Remaining Lease Payments: 29,126 CAD
  • Residual Value: 14,667 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 0 CAD Total Vehicle Value: 43,794 CAD
0% Paid
100%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,126 CAD
Term Paid so Far: 0 CAD Residual Value: 14,667 CAD
0%
0%
66%
34%
Cost to Own
Already Paid: 0 CAD (0%)
Cash Incentive: 2,000 CAD Buyout Price Today: 41,794 CAD
0% Paid
4%
96%
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: 41,794 CAD

  • 4.9%Interest Rate x 48 months
  • 961 CAD/month + tax
  • Total Payable: 46,108 CAD
  • Total Interest: 4,314 CAD
  • 8.9%Interest Rate x 48 months
  • 1,038 CAD/month + tax
  • Total Payable: 49,827 CAD
  • Total Interest: 8,033 CAD
  • 14.9%Interest Rate x 48 months
  • 1,161 CAD/month + tax
  • Total Payable: 55,730 CAD
  • Total Interest: 13,936 CAD

At the end of the Lease Contract

Residual Value: 14,667 CAD (in 48 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)

Distance Analysis
Cost to drive 100km: (CAD)
139.11
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
18.58
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
93.75
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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