Payment Analysis

527.65CAD/monthin Vancouver, BC
    Before Taxes:
  • 527.65 CAD/month
  • 243.53 CAD/bi-weekly
  • 121.77 CAD/week
  • 6,331.80 CAD/year
Incl. B.C. Taxes (12%):
  • 590.97 CAD/month
  • 272.75 CAD/bi-weekly
  • 136.38 CAD/week
  • 7,091.62 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: 522 CAD

compared to leasing a BRAND NEW:

  • Volkswagen GTI Rabbit Edition Automatic 2WD w/ Driver Assistance Package
  • for 24 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 556
This Contract (CAD/month) 528
Monthly Difference 29 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 522 CAD
Total Savings (CAD) = 522

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,956 CAD
  • Total Vehicle Debt: 42,785 CAD
  • Paid so Far: 15,830 CAD (36% Paid)
  • Remaining Lease Payments: 9,498 CAD
  • Residual Value: 17,458 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,830 CAD Total Vehicle Value: 42,785 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,498 CAD
Term Paid so Far: 15,830 CAD Residual Value: 17,458 CAD
0%
36%
22%
42%
Cost to Own
Already Paid: 15,830 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 26,956 CAD
36% Paid
0%
64%
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: 26,956 CAD

  • 4.9%Interest Rate x 48 months
  • 620 CAD/month + tax
  • Total Payable: 29,739 CAD
  • Total Interest: 2,783 CAD
  • 8.9%Interest Rate x 48 months
  • 670 CAD/month + tax
  • Total Payable: 32,137 CAD
  • Total Interest: 5,181 CAD
  • 14.9%Interest Rate x 48 months
  • 749 CAD/month + tax
  • Total Payable: 35,944 CAD
  • Total Interest: 8,988 CAD

At the end of the Lease Contract

Residual Value: 17,458 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 401 CAD/month + tax
  • Total Payable: 19,260 CAD
  • Total Interest: 1,802 CAD
  • 8.9%Interest Rate x 48 months
  • 434 CAD/month + tax
  • Total Payable: 20,814 CAD
  • Total Interest: 3,356 CAD
  • 14.9%Interest Rate x 48 months
  • 485 CAD/month + tax
  • Total Payable: 23,280 CAD
  • Total Interest: 5,821 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)
17.28
  • + tax
  • + fuel
  • + insurance
(or 0.17CAD per km)
  • 39.57CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
17.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
704.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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