Payment Analysis

473.90CAD/monthin Montreal, QC
    Before Taxes:
  • 473.90 CAD/month
  • 218.72 CAD/bi-weekly
  • 109.36 CAD/week
  • 5,686.80 CAD/year
Incl. Québec Taxes (14.98%):
  • 544.89 CAD/month
  • 251.49 CAD/bi-weekly
  • 125.74 CAD/week
  • 6,538.68 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: 5,084 ~ 5,984 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Tiguan Comfortline Automatic 2WD
  • for 24 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 626
This Contract (CAD/month) 474
Monthly Difference 153 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 4,284 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,084 ~ 5,984

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,526 CAD
  • Total Vehicle Debt: 39,268 CAD
  • Paid so Far: 9,742 CAD (24% Paid)
  • Remaining Lease Payments: 13,269 CAD
  • Residual Value: 16,257 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,742 CAD Total Vehicle Value: 39,268 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 264 CAD Remaining Term: 13,269 CAD
Term Paid so Far: 9,478 CAD Residual Value: 16,257 CAD
0%
24%
34%
42%
Cost to Own
Already Paid: 9,742 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 29,526 CAD
24% Paid
0%
76%
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: 29,526 CAD

  • 4.9%Interest Rate x 48 months
  • 679 CAD/month + tax
  • Total Payable: 32,574 CAD
  • Total Interest: 3,048 CAD
  • 8.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,201 CAD
  • Total Interest: 5,675 CAD
  • 14.9%Interest Rate x 48 months
  • 820 CAD/month + tax
  • Total Payable: 39,371 CAD
  • Total Interest: 9,845 CAD

At the end of the Lease Contract

Residual Value: 16,257 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,935 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: 21,678 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)
29.23
  • + tax
  • + fuel
  • + insurance
(or 0.29CAD per km)
  • 35.54CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
15.58
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
374.18
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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