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: 10,557 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 43 months
Total Monthly Difference = 8,557 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 10,557
** "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: 19,221 CAD
  • Total Vehicle Debt: 22,517 CAD
  • Paid so Far: 1,296 CAD (5% Paid)
  • Remaining Lease Payments: 11,143 CAD
  • Residual Value: 10,078 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 1,296 CAD Total Vehicle Value: 22,517 CAD
5% Paid
95%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,143 CAD
Term Paid so Far: 1,296 CAD Residual Value: 10,078 CAD
0%
5%
49%
46%
Cost to Own
Already Paid: 1,296 CAD (5%)
Cash Incentive: 2,000 CAD Buyout Price Today: 19,221 CAD
5% Paid
8%
87%
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: 19,221 CAD

  • 4.9%Interest Rate x 48 months
  • 442 CAD/month + tax
  • Total Payable: 21,205 CAD
  • Total Interest: 1,984 CAD
  • 8.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,915 CAD
  • Total Interest: 3,694 CAD
  • 14.9%Interest Rate x 48 months
  • 534 CAD/month + tax
  • Total Payable: 25,630 CAD
  • Total Interest: 6,409 CAD

At the end of the Lease Contract

Residual Value: 10,078 CAD (in 43 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)
24.06
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
6.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
203.94
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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