Payment Analysis

440.99CAD/monthin Calgary, AB
    Before Taxes:
  • 440.99 CAD/month
  • 203.53 CAD/bi-weekly
  • 101.77 CAD/week
  • 5,291.88 CAD/year
Incl. Alberta Taxes (5%):
  • 463.04 CAD/month
  • 213.71 CAD/bi-weekly
  • 106.86 CAD/week
  • 5,556.47 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: 3,122 ~ 4,422 CAD

compared to leasing a BRAND NEW:

  • Volkswagen GTI Rabbit Manual 2WD
  • for 24 months
  • in AB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 634
This Contract (CAD/month) 441
Monthly Difference 194 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 2,522 CAD
- Required Payment** (CAD) - 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,122 ~ 4,422
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,605 CAD
  • Total Vehicle Debt: 39,040 CAD
  • Paid so Far: 15,435 CAD (39% Paid)
  • Remaining Lease Payments: 5,733 CAD
  • Residual Value: 17,873 CAD
  • Required Payment: 1,000 CAD
Vehicle Debt & Value
Paid so far: 15,435 CAD Total Vehicle Value: 39,040 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,733 CAD
Term Paid so Far: 15,435 CAD Residual Value: 17,873 CAD
0%
39%
14%
47%
Cost to Own
Already Paid: 15,435 CAD (39%)
Required Payment: 1,000 CAD (2%)Buyout Price Today: 24,605 CAD
37% Paid
2%
61%
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: 24,605 CAD

  • 4.9%Interest Rate x 48 months
  • 566 CAD/month + tax
  • Total Payable: 27,145 CAD
  • Total Interest: 2,540 CAD
  • 8.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,335 CAD
  • Total Interest: 4,729 CAD
  • 14.9%Interest Rate x 48 months
  • 684 CAD/month + tax
  • Total Payable: 32,810 CAD
  • Total Interest: 8,205 CAD

At the end of the Lease Contract

Residual Value: 17,873 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 411 CAD/month + tax
  • Total Payable: 19,718 CAD
  • Total Interest: 1,845 CAD
  • 8.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,308 CAD
  • Total Interest: 3,435 CAD
  • 14.9%Interest Rate x 48 months
  • 496 CAD/month + tax
  • Total Payable: 23,832 CAD
  • Total Interest: 5,959 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)
10.75
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 9.15CAD/100km (TODAY without the Cash Incentive)
  • 26.46CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
17.03
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 14.50CAD/day (Original Contract back in Mar, 2019)
Remaining Km
Can be driven up to:
1,112.13
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.

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