Payment Analysis
360.00CAD/monthin Montreal, QC
- 360.00 CAD/month
- 166.15 CAD/bi-weekly
- 83.08 CAD/week
- 4,320.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 413.93 CAD/month
- 191.04 CAD/bi-weekly
- 95.52 CAD/week
- 4,967.14 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:
20,700 CAD
compared to leasing a BRAND NEW:
- Volkswagen Passat
- for 24 months
- in Quebec
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 810 |
|---|---|
| This Contract (CAD/month) | 360 |
| Monthly Difference | 450 CAD/month |
| Remaining Term | x 46 months |
| Total Monthly Difference | = 20,700 CAD |
| Total Savings (CAD) | = 20,700 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
30,252 CAD
- Total Vehicle Debt: 30,972 CAD
- Paid so Far: 720 CAD (2% Paid)
- Remaining Lease Payments: 16,560 CAD
- Residual Value: 13,692 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 720 CAD Total Vehicle Value: 30,972 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,560 CAD
Term Paid so Far: 720 CAD Residual Value: 13,692 CAD
Cost to Own
Already Paid: 720 CAD (2%)
Cash Incentive: 0 CAD Buyout Price Today: 30,252 CAD
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: 30,252 CAD
- 4.9%Interest Rate x 48 months
- 695 CAD/month + tax
- Total Payable: 33,375 CAD
- Total Interest: 3,123 CAD
- 8.9%Interest Rate x 48 months
- 751 CAD/month + tax
- Total Payable: 36,067 CAD
- Total Interest: 5,815 CAD
- 14.9%Interest Rate x 48 months
- 840 CAD/month + tax
- Total Payable: 40,339 CAD
- Total Interest: 10,087 CAD
At the end of the Lease Contract
Residual Value: 13,692 CAD (in 46 months)
- 4.9%Interest Rate x 48 months
- 315 CAD/month + tax
- Total Payable: 15,105 CAD
- Total Interest: 1,413 CAD
- 8.9%Interest Rate x 48 months
- 340 CAD/month + tax
- Total Payable: 16,324 CAD
- Total Interest: 2,632 CAD
- 14.9%Interest Rate x 48 months
- 380 CAD/month + tax
- Total Payable: 18,258 CAD
- Total Interest: 4,566 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)
31.25
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
11.84
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
265.89
- km/week
- without any
- additional costs
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