Payment Analysis

366.22CAD/monthin Calgary, AB
    Before Taxes:
  • 366.22 CAD/month
  • 169.02 CAD/bi-weekly
  • 84.51 CAD/week
  • 4,394.64 CAD/year
Incl. Alberta Taxes (5%):
  • 384.53 CAD/month
  • 177.48 CAD/bi-weekly
  • 88.74 CAD/week
  • 4,614.37 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: 378 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Jetta Comfortline Automatic 2WD
  • for 36 months
  • in AB
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 393
This Contract (CAD/month) 366
Monthly Difference 27 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 378 CAD
Total Savings (CAD) = 378

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,727 CAD
  • Total Vehicle Debt: 31,573 CAD
  • Paid so Far: 16,846 CAD (53% Paid)
  • Remaining Lease Payments: 5,127 CAD
  • Residual Value: 9,600 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,846 CAD Total Vehicle Value: 31,573 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,127 CAD
Term Paid so Far: 16,846 CAD Residual Value: 9,600 CAD
0%
53%
16%
31%
Cost to Own
Already Paid: 16,846 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 14,727 CAD
53% Paid
0%
47%
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: 14,727 CAD

  • 4.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,247 CAD
  • Total Interest: 1,520 CAD
  • 8.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,558 CAD
  • Total Interest: 2,831 CAD
  • 14.9%Interest Rate x 48 months
  • 409 CAD/month + tax
  • Total Payable: 19,638 CAD
  • Total Interest: 4,911 CAD

At the end of the Lease Contract

Residual Value: 9,600 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 221 CAD/month + tax
  • Total Payable: 10,591 CAD
  • Total Interest: 991 CAD
  • 8.9%Interest Rate x 48 months
  • 238 CAD/month + tax
  • Total Payable: 11,445 CAD
  • Total Interest: 1,845 CAD
  • 14.9%Interest Rate x 48 months
  • 267 CAD/month + tax
  • Total Payable: 12,801 CAD
  • Total Interest: 3,201 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)
9.29
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 21.97CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
12.04
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
909.89
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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