Payment Analysis

516.50CAD/monthin Gatineau, ON
    Before Taxes:
  • 516.50 CAD/month
  • 238.38 CAD/bi-weekly
  • 119.19 CAD/week
  • 6,198.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 593.87 CAD/month
  • 274.09 CAD/bi-weekly
  • 137.05 CAD/week
  • 7,126.46 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: 4,288 ~ 5,588 CAD

compared to leasing a BRAND NEW:

  • Volkswagen E-Golf Comfortline Automatic 2WD Technology + driver assistance package + leatherette package
  • for 36 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 900
This Contract (CAD/month) 517
Monthly Difference 384 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 2,688 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,288 ~ 5,588

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 11,891 CAD
  • Total Vehicle Debt: 46,223 CAD
  • Paid so Far: 34,333 CAD (74% Paid)
  • Remaining Lease Payments: 3,616 CAD
  • Residual Value: 8,275 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 34,333 CAD Total Vehicle Value: 46,223 CAD
74% Paid
26%
Vehicle Debt Breakdown
Downpayment: 6,958 CAD Remaining Term: 3,616 CAD
Term Paid so Far: 27,375 CAD Residual Value: 8,275 CAD
14%
60%
7%
19%
Cost to Own
Already Paid: 34,333 CAD (74%)
Cash Incentive: 0 CAD Buyout Price Today: 11,891 CAD
74% Paid
0%
26%
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: 11,891 CAD

  • 4.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,118 CAD
  • Total Interest: 1,227 CAD
  • 8.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,176 CAD
  • Total Interest: 2,285 CAD
  • 14.9%Interest Rate x 48 months
  • 330 CAD/month + tax
  • Total Payable: 15,855 CAD
  • Total Interest: 3,965 CAD

At the end of the Lease Contract

Residual Value: 8,275 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 190 CAD/month + tax
  • Total Payable: 9,129 CAD
  • Total Interest: 854 CAD
  • 8.9%Interest Rate x 48 months
  • 206 CAD/month + tax
  • Total Payable: 9,865 CAD
  • Total Interest: 1,590 CAD
  • 14.9%Interest Rate x 48 months
  • 230 CAD/month + tax
  • Total Payable: 11,034 CAD
  • Total Interest: 2,759 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)
6.20
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 24.79CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
16.98
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,921.98
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 480.77km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.