Payment Analysis

259.15CAD/monthin Mississauga, ON
    Before Taxes:
  • 259.15 CAD/month
  • 119.61 CAD/bi-weekly
  • 59.80 CAD/week
  • 3,109.80 CAD/year
Incl. Ontario Taxes (13%):
  • 292.84 CAD/month
  • 135.16 CAD/bi-weekly
  • 67.58 CAD/week
  • 3,514.07 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: 6,378 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Jetta Comfortline 1.4 Manual 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 458
This Contract (CAD/month) 259
Monthly Difference 199 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 4,378 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 6,378
** "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: 13,779 CAD
  • Total Vehicle Debt: 22,517 CAD
  • Paid so Far: 6,738 CAD (29% Paid)
  • Remaining Lease Payments: 5,701 CAD
  • Residual Value: 10,078 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 6,738 CAD Total Vehicle Value: 22,517 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,701 CAD
Term Paid so Far: 6,738 CAD Residual Value: 10,078 CAD
0%
29%
25%
46%
Cost to Own
Already Paid: 6,738 CAD (29%)
Cash Incentive: 2,000 CAD Buyout Price Today: 13,779 CAD
29% Paid
8%
63%
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: 13,779 CAD

  • 4.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,201 CAD
  • Total Interest: 1,422 CAD
  • 8.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,427 CAD
  • Total Interest: 2,648 CAD
  • 14.9%Interest Rate x 48 months
  • 383 CAD/month + tax
  • Total Payable: 18,373 CAD
  • Total Interest: 4,594 CAD

At the end of the Lease Contract

Residual Value: 10,078 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,118 CAD
  • Total Interest: 1,040 CAD
  • 8.9%Interest Rate x 48 months
  • 250 CAD/month + tax
  • Total Payable: 12,015 CAD
  • Total Interest: 1,937 CAD
  • 14.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,438 CAD
  • Total Interest: 3,360 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)
9.74
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 15.00CAD/100km (TODAY without the Cash Incentive)
  • 15.55CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
5.53
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 8.52CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
398.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2018)

Seller Contact Info

This Contract was Already Transferred.

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