Payment Analysis

522.00CAD/monthin Calgary, AB
    Before Taxes:
  • 522.00 CAD/month
  • 240.92 CAD/bi-weekly
  • 120.46 CAD/week
  • 6,264.00 CAD/year
Incl. Alberta Taxes (5%):
  • 548.10 CAD/month
  • 252.97 CAD/bi-weekly
  • 126.48 CAD/week
  • 6,577.20 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: 1,618 ~ 2,918 CAD

compared to leasing a BRAND NEW:

  • Volkswagen GTI Rabbit Manual AWD
  • for 24 months
  • in AB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 528
This Contract (CAD/month) 522
Monthly Difference 6 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 18 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,618 ~ 2,918

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,579 CAD
  • Total Vehicle Debt: 46,333 CAD
  • Paid so Far: 29,754 CAD (64% Paid)
  • Remaining Lease Payments: 1,566 CAD
  • Residual Value: 15,013 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,754 CAD Total Vehicle Value: 46,333 CAD
64% Paid
36%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,566 CAD
Term Paid so Far: 29,754 CAD Residual Value: 15,013 CAD
0%
64%
3%
33%
Cost to Own
Already Paid: 29,754 CAD (64%)
Cash Incentive: 0 CAD Buyout Price Today: 16,579 CAD
64% Paid
0%
36%
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: 16,579 CAD

  • 4.9%Interest Rate x 48 months
  • 381 CAD/month + tax
  • Total Payable: 18,290 CAD
  • Total Interest: 1,711 CAD
  • 8.9%Interest Rate x 48 months
  • 412 CAD/month + tax
  • Total Payable: 19,765 CAD
  • Total Interest: 3,187 CAD
  • 14.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,107 CAD
  • Total Interest: 5,528 CAD

At the end of the Lease Contract

Residual Value: 15,013 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,563 CAD
  • Total Interest: 1,550 CAD
  • 8.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,898 CAD
  • Total Interest: 2,886 CAD
  • 14.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,019 CAD
  • Total Interest: 5,006 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)
2.34
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 39.15CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
17.16
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
5,151.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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