Payment Analysis

560.00CAD/monthin Alberta, AB
    Before Taxes:
  • 560.00 CAD/month
  • 258.46 CAD/bi-weekly
  • 129.23 CAD/week
  • 6,720.00 CAD/year
Incl. Alberta Taxes (5%):
  • 588.00 CAD/month
  • 271.38 CAD/bi-weekly
  • 135.69 CAD/week
  • 7,056.00 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: 15,800 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Tiguan Comfortline Automatic AWD
  • for 12 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,152
This Contract (CAD/month) 560
Monthly Difference 592 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 14,800 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 15,800
** "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: 31,320 CAD
  • Total Vehicle Debt: 43,480 CAD
  • Paid so Far: 11,160 CAD (25% Paid)
  • Remaining Lease Payments: 14,000 CAD
  • Residual Value: 18,320 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 11,160 CAD Total Vehicle Value: 43,480 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 14,000 CAD
Term Paid so Far: 6,160 CAD Residual Value: 18,320 CAD
11%
14%
32%
43%
Cost to Own
Already Paid: 11,160 CAD (25%)
Cash Incentive: 1,000 CAD Buyout Price Today: 31,320 CAD
25% Paid
2%
73%
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: 31,320 CAD

  • 4.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,553 CAD
  • Total Interest: 3,233 CAD
  • 8.9%Interest Rate x 48 months
  • 778 CAD/month + tax
  • Total Payable: 37,339 CAD
  • Total Interest: 6,020 CAD
  • 14.9%Interest Rate x 48 months
  • 870 CAD/month + tax
  • Total Payable: 41,763 CAD
  • Total Interest: 10,443 CAD

At the end of the Lease Contract

Residual Value: 18,320 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 421 CAD/month + tax
  • Total Payable: 20,211 CAD
  • Total Interest: 1,891 CAD
  • 8.9%Interest Rate x 48 months
  • 455 CAD/month + tax
  • Total Payable: 21,841 CAD
  • Total Interest: 3,521 CAD
  • 14.9%Interest Rate x 48 months
  • 509 CAD/month + tax
  • Total Payable: 24,428 CAD
  • Total Interest: 6,109 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)
68.42
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
17.10
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
175.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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