Payment Analysis

310.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 310.00 CAD/month
  • 143.08 CAD/bi-weekly
  • 71.54 CAD/week
  • 3,720.00 CAD/year
Incl. Ontario Taxes (13%):
  • 350.30 CAD/month
  • 161.68 CAD/bi-weekly
  • 80.84 CAD/week
  • 4,203.60 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: 114 CAD

compared to leasing a BRAND NEW:

  • VW Comfortline Jetta 1.4 TSI 147 HP 8-speed automatic with Tiptronic®
  • for 48 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 348
This Contract (CAD/month) 310
Monthly Difference 38 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 114 CAD
Total Savings (CAD) = 114

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,646 CAD
  • Total Vehicle Debt: 27,596 CAD
  • Paid so Far: 13,950 CAD (50% Paid)
  • Remaining Lease Payments: 930 CAD
  • Residual Value: 12,716 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,950 CAD Total Vehicle Value: 27,596 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 930 CAD
Term Paid so Far: 13,950 CAD Residual Value: 12,716 CAD
0%
50%
3%
47%
Cost to Own
Already Paid: 13,950 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 13,646 CAD
50% Paid
0%
50%
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: 13,646 CAD

  • 4.9%Interest Rate x 48 months
  • 314 CAD/month + tax
  • Total Payable: 15,055 CAD
  • Total Interest: 1,409 CAD
  • 8.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,269 CAD
  • Total Interest: 2,623 CAD
  • 14.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,196 CAD
  • Total Interest: 4,550 CAD

At the end of the Lease Contract

Residual Value: 12,716 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 292 CAD/month + tax
  • Total Payable: 14,029 CAD
  • Total Interest: 1,313 CAD
  • 8.9%Interest Rate x 48 months
  • 316 CAD/month + tax
  • Total Payable: 15,160 CAD
  • Total Interest: 2,444 CAD
  • 14.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,956 CAD
  • Total Interest: 4,240 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)
1.45
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 23.25CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
10.19
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,923.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 307.69km/week (Contract Original back in Sep, 2021)

Seller Contact Info

This Contract was Already Transferred.

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