Payment Analysis

468.00CAD/monthin Halifax, NS
    Before Taxes:
  • 468.00 CAD/month
  • 216.00 CAD/bi-weekly
  • 108.00 CAD/week
  • 5,616.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 538.20 CAD/month
  • 248.40 CAD/bi-weekly
  • 124.20 CAD/week
  • 6,458.40 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: 5,635 ~ 6,935 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Tiguan Highline AWD (With R-Line Package)
  • for 24 months
  • in NS
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 737
This Contract (CAD/month) 468
Monthly Difference 269 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 4,035 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,635 ~ 6,935

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,150 CAD
  • Total Vehicle Debt: 50,594 CAD
  • Paid so Far: 23,444 CAD (46% Paid)
  • Remaining Lease Payments: 7,020 CAD
  • Residual Value: 20,130 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,444 CAD Total Vehicle Value: 50,594 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 7,020 CAD
Term Paid so Far: 15,444 CAD Residual Value: 20,130 CAD
15%
31%
13%
41%
Cost to Own
Already Paid: 23,444 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 27,150 CAD
46% Paid
0%
54%
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: 27,150 CAD

  • 4.9%Interest Rate x 48 months
  • 624 CAD/month + tax
  • Total Payable: 29,953 CAD
  • Total Interest: 2,803 CAD
  • 8.9%Interest Rate x 48 months
  • 674 CAD/month + tax
  • Total Payable: 32,368 CAD
  • Total Interest: 5,218 CAD
  • 14.9%Interest Rate x 48 months
  • 754 CAD/month + tax
  • Total Payable: 36,203 CAD
  • Total Interest: 9,053 CAD

At the end of the Lease Contract

Residual Value: 20,130 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 463 CAD/month + tax
  • Total Payable: 22,208 CAD
  • Total Interest: 2,078 CAD
  • 8.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 23,999 CAD
  • Total Interest: 3,869 CAD
  • 14.9%Interest Rate x 48 months
  • 559 CAD/month + tax
  • Total Payable: 26,842 CAD
  • Total Interest: 6,712 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)
10.48
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 28.08CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
15.39
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,030.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jan, 2019)

Seller Contact Info

This Contract was Already Transferred.

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