Payment Analysis

368.64CAD/monthin Vancouver, BC
    Before Taxes:
  • 368.64 CAD/month
  • 170.14 CAD/bi-weekly
  • 85.07 CAD/week
  • 4,423.68 CAD/year
Incl. B.C. Taxes (12%):
  • 412.88 CAD/month
  • 190.56 CAD/bi-weekly
  • 95.28 CAD/week
  • 4,954.52 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: 3,370 ~ 4,670 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Jetta Comfortline Automatic 2WD w/Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
  • for 24 months
  • in BC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 495
This Contract (CAD/month) 369
Monthly Difference 127 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 1,270 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,370 ~ 4,670
** "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: 12,816 CAD
  • Total Vehicle Debt: 27,325 CAD
  • Paid so Far: 14,008 CAD (51% Paid)
  • Remaining Lease Payments: 3,686 CAD
  • Residual Value: 9,630 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 14,008 CAD Total Vehicle Value: 27,325 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,686 CAD
Term Paid so Far: 14,008 CAD Residual Value: 9,630 CAD
0%
51%
13%
36%
Cost to Own
Already Paid: 14,008 CAD (51%)
Cash Incentive: 500 CAD Buyout Price Today: 12,816 CAD
51% Paid
1%
48%
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: 12,816 CAD

  • 4.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,139 CAD
  • Total Interest: 1,323 CAD
  • 8.9%Interest Rate x 48 months
  • 318 CAD/month + tax
  • Total Payable: 15,280 CAD
  • Total Interest: 2,463 CAD
  • 14.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,090 CAD
  • Total Interest: 4,274 CAD

At the end of the Lease Contract

Residual Value: 9,630 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 221 CAD/month + tax
  • Total Payable: 10,624 CAD
  • Total Interest: 994 CAD
  • 8.9%Interest Rate x 48 months
  • 239 CAD/month + tax
  • Total Payable: 11,481 CAD
  • Total Interest: 1,851 CAD
  • 14.9%Interest Rate x 48 months
  • 268 CAD/month + tax
  • Total Payable: 12,841 CAD
  • Total Interest: 3,211 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)
4.25
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 4.92CAD/100km (TODAY without the Cash Incentive)
  • 17.69CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
10.48
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 12.12CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
1,730.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 480.77km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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