Payment Analysis
264.90CAD/monthin Brampton, ON
- 264.90 CAD/month
- 122.26 CAD/bi-weekly
- 61.13 CAD/week
- 3,178.80 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 299.34 CAD/month
- 138.16 CAD/bi-weekly
- 69.08 CAD/week
- 3,592.04 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:
1,532 CAD
compared to leasing a BRAND NEW:
- Volkswagen GOLF FIT 2wd
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 530 |
---|---|
This Contract (CAD/month) | 265 |
Monthly Difference | 266 CAD/month |
Remaining Term | x 2 months |
Total Monthly Difference | = 532 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
Total Savings (CAD) | = 1,532 |
** "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:
20,271 CAD
- Total Vehicle Debt: 33,456 CAD
- Paid so Far: 12,185 CAD (36% Paid)
- Remaining Lease Payments: 530 CAD
- Residual Value: 20,741 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 12,185 CAD Total Vehicle Value: 33,456 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 530 CAD
Term Paid so Far: 12,185 CAD Residual Value: 20,741 CAD
Cost to Own
Already Paid: 12,185 CAD (36%)
Cash Incentive: 1,000 CAD Buyout Price Today: 20,271 CAD
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: 20,271 CAD
- 4.9%Interest Rate x 48 months
- 466 CAD/month + tax
- Total Payable: 22,363 CAD
- Total Interest: 2,093 CAD
- 8.9%Interest Rate x 48 months
- 503 CAD/month + tax
- Total Payable: 24,167 CAD
- Total Interest: 3,896 CAD
- 14.9%Interest Rate x 48 months
- 563 CAD/month + tax
- Total Payable: 27,030 CAD
- Total Interest: 6,759 CAD
At the end of the Lease Contract
Residual Value: 20,741 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 477 CAD/month + tax
- Total Payable: 22,882 CAD
- Total Interest: 2,141 CAD
- 8.9%Interest Rate x 48 months
- 515 CAD/month + tax
- Total Payable: 24,728 CAD
- Total Interest: 3,987 CAD
- 14.9%Interest Rate x 48 months
- 576 CAD/month + tax
- Total Payable: 27,657 CAD
- Total Interest: 6,916 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)
-0.63
- + tax
- + fuel
- + insurance
- 0.71CAD/100km (TODAY without the Cash Incentive)
- 15.89CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
-7.73
- + tax
- + insurance
- + km driven & fuel
- 8.71CAD/day (Original Contract back in Feb, 2020)
Remaining Km
Can be driven up to:
8,573.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Feb, 2020)
Seller Contact Info
This Contract was Already Transferred.
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