Payment Analysis

486.84CAD/monthin Vancouver, BC
    Before Taxes:
  • 486.84 CAD/month
  • 224.70 CAD/bi-weekly
  • 112.35 CAD/week
  • 5,842.08 CAD/year
Incl. B.C. Taxes (12%):
  • 545.26 CAD/month
  • 251.66 CAD/bi-weekly
  • 125.83 CAD/week
  • 6,543.13 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: 810 ~ 1,710 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Golf GTI Autobahn 2WD
  • for 42 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 487
This Contract (CAD/month) 487
Monthly Difference 1 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 10 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 810 ~ 1,710

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,435 CAD
  • Total Vehicle Debt: 43,935 CAD
  • Paid so Far: 18,500 CAD (42% Paid)
  • Remaining Lease Payments: 4,868 CAD
  • Residual Value: 20,567 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,500 CAD Total Vehicle Value: 43,935 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,868 CAD
Term Paid so Far: 18,500 CAD Residual Value: 20,567 CAD
0%
42%
11%
47%
Cost to Own
Already Paid: 18,500 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 25,435 CAD
42% Paid
0%
58%
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: 25,435 CAD

  • 4.9%Interest Rate x 48 months
  • 585 CAD/month + tax
  • Total Payable: 28,061 CAD
  • Total Interest: 2,626 CAD
  • 8.9%Interest Rate x 48 months
  • 632 CAD/month + tax
  • Total Payable: 30,324 CAD
  • Total Interest: 4,889 CAD
  • 14.9%Interest Rate x 48 months
  • 707 CAD/month + tax
  • Total Payable: 33,917 CAD
  • Total Interest: 8,481 CAD

At the end of the Lease Contract

Residual Value: 20,567 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,690 CAD
  • Total Interest: 2,123 CAD
  • 8.9%Interest Rate x 48 months
  • 511 CAD/month + tax
  • Total Payable: 24,520 CAD
  • Total Interest: 3,953 CAD
  • 14.9%Interest Rate x 48 months
  • 571 CAD/month + tax
  • Total Payable: 27,425 CAD
  • Total Interest: 6,858 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)
6.36
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 29.21CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
16.01
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,765.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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