Payment Analysis

459.42CAD/monthin Montreal, QC
    Before Taxes:
  • 459.42 CAD/month
  • 212.04 CAD/bi-weekly
  • 106.02 CAD/week
  • 5,513.04 CAD/year
Incl. Québec Taxes (14.98%):
  • 528.24 CAD/month
  • 243.80 CAD/bi-weekly
  • 121.90 CAD/week
  • 6,338.89 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: 9,656 ~ 10,956 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Tiguan Comfortline Automatic AWD
  • for 24 months
  • in QC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 655
This Contract (CAD/month) 459
Monthly Difference 196 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 7,056 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,656 ~ 10,956
** "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: 31,795 CAD
  • Total Vehicle Debt: 38,308 CAD
  • Paid so Far: 5,513 CAD (14% Paid)
  • Remaining Lease Payments: 16,539 CAD
  • Residual Value: 16,256 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 5,513 CAD Total Vehicle Value: 38,308 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,539 CAD
Term Paid so Far: 5,513 CAD Residual Value: 16,256 CAD
0%
14%
43%
43%
Cost to Own
Already Paid: 5,513 CAD (14%)
Cash Incentive: 1,000 CAD Buyout Price Today: 31,795 CAD
14% Paid
2%
84%
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: 31,795 CAD

  • 4.9%Interest Rate x 48 months
  • 731 CAD/month + tax
  • Total Payable: 35,078 CAD
  • Total Interest: 3,282 CAD
  • 8.9%Interest Rate x 48 months
  • 790 CAD/month + tax
  • Total Payable: 37,907 CAD
  • Total Interest: 6,111 CAD
  • 14.9%Interest Rate x 48 months
  • 883 CAD/month + tax
  • Total Payable: 42,397 CAD
  • Total Interest: 10,602 CAD

At the end of the Lease Contract

Residual Value: 16,256 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,934 CAD
  • Total Interest: 1,678 CAD
  • 8.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,381 CAD
  • Total Interest: 3,125 CAD
  • 14.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,677 CAD
  • Total Interest: 5,421 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)
24.90
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 26.51CAD/100km (TODAY without the Cash Incentive)
  • 27.57CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
14.19
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 15.10CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
400.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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