Payment Analysis

480.00CAD/monthin St-Donat, QC
    Before Taxes:
  • 480.00 CAD/month
  • 221.54 CAD/bi-weekly
  • 110.77 CAD/week
  • 5,760.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 551.90 CAD/month
  • 254.72 CAD/bi-weekly
  • 127.36 CAD/week
  • 6,622.85 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: 2,530 ~ 3,830 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Golf Sportwagon Highline Automatic AWD
  • for 24 months
  • in QC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 516
This Contract (CAD/month) 480
Monthly Difference 36 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 180 CAD
+ Cash Incentive** (CAD) + 750
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,530 ~ 3,830
** "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: 14,114 CAD
  • Total Vehicle Debt: 35,504 CAD
  • Paid so Far: 20,640 CAD (58% Paid)
  • Remaining Lease Payments: 2,400 CAD
  • Residual Value: 12,464 CAD
  • Cash Incentive: 750 CAD
Vehicle Debt & Value
Paid so far: 20,640 CAD Total Vehicle Value: 35,504 CAD
58% Paid
42%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,400 CAD
Term Paid so Far: 20,640 CAD Residual Value: 12,464 CAD
0%
58%
6%
36%
Cost to Own
Already Paid: 20,640 CAD (58%)
Cash Incentive: 750 CAD Buyout Price Today: 14,114 CAD
58% Paid
2%
40%
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: 14,114 CAD

  • 4.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,571 CAD
  • Total Interest: 1,457 CAD
  • 8.9%Interest Rate x 48 months
  • 351 CAD/month + tax
  • Total Payable: 16,827 CAD
  • Total Interest: 2,713 CAD
  • 14.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,820 CAD
  • Total Interest: 4,706 CAD

At the end of the Lease Contract

Residual Value: 12,464 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 286 CAD/month + tax
  • Total Payable: 13,751 CAD
  • Total Interest: 1,287 CAD
  • 8.9%Interest Rate x 48 months
  • 310 CAD/month + tax
  • Total Payable: 14,860 CAD
  • Total Interest: 2,396 CAD
  • 14.9%Interest Rate x 48 months
  • 346 CAD/month + tax
  • Total Payable: 16,620 CAD
  • Total Interest: 4,156 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)
2.54
  • + tax
  • + fuel
  • + insurance
(inlcuding the 750CAD incentive)
  • 3.69CAD/100km (TODAY without the Cash Incentive)
  • 28.80CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
10.85
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 750CAD incentive)
  • 15.78CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
3,000.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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