Payment Analysis

444.19CAD/monthin Ingersoll, ON
    Before Taxes:
  • 444.19 CAD/month
  • 205.01 CAD/bi-weekly
  • 102.51 CAD/week
  • 5,330.28 CAD/year
Incl. Ontario Taxes (13%):
  • 501.93 CAD/month
  • 231.66 CAD/bi-weekly
  • 115.83 CAD/week
  • 6,023.22 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: 1,880 ~ 2,280 CAD

compared to leasing a BRAND NEW:

  • Volkswagen GOLF GTI Autobahn
  • for 42 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 504
This Contract (CAD/month) 444
Monthly Difference 60 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 1,080 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,880 ~ 2,280

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,293 CAD
  • Total Vehicle Debt: 42,368 CAD
  • Paid so Far: 14,076 CAD (33% Paid)
  • Remaining Lease Payments: 7,995 CAD
  • Residual Value: 20,297 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,076 CAD Total Vehicle Value: 42,368 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 750 CAD Remaining Term: 7,995 CAD
Term Paid so Far: 13,326 CAD Residual Value: 20,297 CAD
1%
32%
18%
49%
Cost to Own
Already Paid: 14,076 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 28,293 CAD
33% Paid
0%
67%
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: 28,293 CAD

  • 4.9%Interest Rate x 48 months
  • 650 CAD/month + tax
  • Total Payable: 31,213 CAD
  • Total Interest: 2,921 CAD
  • 8.9%Interest Rate x 48 months
  • 703 CAD/month + tax
  • Total Payable: 33,731 CAD
  • Total Interest: 5,438 CAD
  • 14.9%Interest Rate x 48 months
  • 786 CAD/month + tax
  • Total Payable: 37,727 CAD
  • Total Interest: 9,434 CAD

At the end of the Lease Contract

Residual Value: 20,297 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,393 CAD
  • Total Interest: 2,095 CAD
  • 8.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,198 CAD
  • Total Interest: 3,901 CAD
  • 14.9%Interest Rate x 48 months
  • 564 CAD/month + tax
  • Total Payable: 27,065 CAD
  • Total Interest: 6,768 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)
10.01
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 26.65CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
14.60
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,023.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Hamilton

CAD/month x 53 months
2026 KIA Lx (ID: #72900)
469
Hamilton
2026 KIA

Lx Automatique 2WD

Payment Details
  • Current Payment: 469 CAD/month + tax
  • Residual Value: 9,992 CAD
  • Months to End: 53 months (Apr, 2031)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 2,000 km total
  • Available Now: 22,189 km/year (1,849 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 1,000 cash
CAD/month x 13 months
2025 Mazda MAZDA3 SPORT GT (ID: #70524)
584
Burlington
2025 Mazda

MAZDA3 SPORT GT Manuelle 2WD

Payment Details
  • Current Payment: 584 CAD/month + tax
  • Required Payment: 1,000 CAD
  • Payment Including Incentive: 661 CAD/month + tax
  • Residual Value: 15,364 CAD
  • Months to End: 13 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 15,500 km total
  • Available Now: 33,385 km/year (2,782 per month)
  • Excess Km Cost: 0.01 CAD/km
See all Details
CAD/month x 20 months
2024 Lexus IS350 (ID: #64961)
697
NIAGARA FALLS, ON
2024 Lexus

IS350 Automatique AWD F SPORT 3

Payment Details
  • Current Payment: 697 CAD/month + tax
  • Original Downpayment: 10,000 CAD
  • Months to End: 20 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 27,586 km total
  • Available Now: 31,448 km/year (2,621 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details