Payment Analysis
598.34CAD/monthin Toronto, ON
- 598.34 CAD/month
- 276.16 CAD/bi-weekly
- 138.08 CAD/week
- 7,180.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 676.12 CAD/month
- 312.06 CAD/bi-weekly
- 156.03 CAD/week
- 8,113.49 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:
27,968 ~ 29,268 CAD
compared to leasing a BRAND NEW:
- Volkswagen Golf R 2.0 TSI 288HP 7-speed automatic DSG® with Tiptronic®
- for 12 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 1,742 |
|---|---|
| This Contract (CAD/month) | 598 |
| Monthly Difference | 1,144 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 25,168 CAD |
| + Cash Incentive** (CAD) | + 1,200 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 27,968 ~ 29,268 |
| ** "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:
34,920 CAD
- Total Vehicle Debt: 51,677 CAD
- Paid so Far: 15,557 CAD (30% Paid)
- Remaining Lease Payments: 13,163 CAD
- Residual Value: 22,957 CAD
- Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 15,557 CAD Total Vehicle Value: 51,677 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,163 CAD
Term Paid so Far: 15,557 CAD Residual Value: 22,957 CAD
Cost to Own
Already Paid: 15,557 CAD (30%)
Cash Incentive: 1,200 CAD Buyout Price Today: 34,920 CAD
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: 34,920 CAD
- 4.9%Interest Rate x 48 months
- 803 CAD/month + tax
- Total Payable: 38,525 CAD
- Total Interest: 3,605 CAD
- 8.9%Interest Rate x 48 months
- 867 CAD/month + tax
- Total Payable: 41,632 CAD
- Total Interest: 6,712 CAD
- 14.9%Interest Rate x 48 months
- 970 CAD/month + tax
- Total Payable: 46,565 CAD
- Total Interest: 11,644 CAD
At the end of the Lease Contract
Residual Value: 22,957 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 528 CAD/month + tax
- Total Payable: 25,327 CAD
- Total Interest: 2,370 CAD
- 8.9%Interest Rate x 48 months
- 570 CAD/month + tax
- Total Payable: 27,369 CAD
- Total Interest: 4,412 CAD
- 14.9%Interest Rate x 48 months
- 638 CAD/month + tax
- Total Payable: 30,612 CAD
- Total Interest: 7,655 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)
31.97
- + tax
- + fuel
- + insurance
- 35.18CAD/100km (TODAY without the Cash Incentive)
- 35.90CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
17.88
- + tax
- + insurance
- + km driven & fuel
- 19.67CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
392.53
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jun, 2018)
Seller Contact Info
This Contract was Already Transferred.
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