Payment Analysis

375.62CAD/monthin Ottawa, ON
    Before Taxes:
  • 375.62 CAD/month
  • 173.36 CAD/bi-weekly
  • 86.68 CAD/week
  • 4,507.44 CAD/year
Incl. Ontario Taxes (13%):
  • 424.45 CAD/month
  • 195.90 CAD/bi-weekly
  • 97.95 CAD/week
  • 5,093.41 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: 1,280 ~ 1,680 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Golf GTI Autobahn
  • for 42 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 495
This Contract (CAD/month) 376
Monthly Difference 120 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 480 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,280 ~ 1,680

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,592 CAD
  • Total Vehicle Debt: 35,120 CAD
  • Paid so Far: 16,527 CAD (47% Paid)
  • Remaining Lease Payments: 1,502 CAD
  • Residual Value: 17,090 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,527 CAD Total Vehicle Value: 35,120 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,502 CAD
Term Paid so Far: 16,527 CAD Residual Value: 17,090 CAD
0%
47%
4%
49%
Cost to Own
Already Paid: 16,527 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 18,592 CAD
47% Paid
0%
53%
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: 18,592 CAD

  • 4.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,512 CAD
  • Total Interest: 1,919 CAD
  • 8.9%Interest Rate x 48 months
  • 462 CAD/month + tax
  • Total Payable: 22,166 CAD
  • Total Interest: 3,574 CAD
  • 14.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,792 CAD
  • Total Interest: 6,199 CAD

At the end of the Lease Contract

Residual Value: 17,090 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 393 CAD/month + tax
  • Total Payable: 18,854 CAD
  • Total Interest: 1,764 CAD
  • 8.9%Interest Rate x 48 months
  • 424 CAD/month + tax
  • Total Payable: 20,375 CAD
  • Total Interest: 3,285 CAD
  • 14.9%Interest Rate x 48 months
  • 475 CAD/month + tax
  • Total Payable: 22,788 CAD
  • Total Interest: 5,698 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)
2.68
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 28.17CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
12.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.82CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,230.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
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