Volkswagen Lease Takeover in Vancouver, BC: 2019 Volkswagen GTI Automatique 2WD ID:#34498 • LeaseCosts Canada

Payment Analysis

480.34CAD/monthin Vancouver, BC

Before Taxes:

480.34 CAD/month
221.70 CAD/bi-weekly
110.85 CAD/week
5,764.08 CAD/year

Incl. B.C. Taxes (12%):

537.98 CAD/month
248.30 CAD/bi-weekly
124.15 CAD/week
6,455.77 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: 1,055 ~ 1,955 CAD

compared to leasing a BRAND NEW:

Volkswagen GTI Automatic 2WD
for 24 months
in BC
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	531
This Contract (CAD/month)	480
Monthly Difference	51 CAD/month
Remaining Term	x 5 months
Total Monthly Difference	= 255 CAD
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 1,055 ~ 1,955

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,912 CAD

Total Vehicle Debt: 45,330 CAD
Paid so Far: 28,419 CAD (62% Paid)
Remaining Lease Payments: 2,402 CAD
Residual Value: 14,510 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 28,419 CAD Total Vehicle Value: 45,330 CAD

62% Paid

38%

Vehicle Debt Breakdown

Downpayment: 2,000 CAD Remaining Term: 2,402 CAD

Term Paid so Far: 26,419 CAD Residual Value: 14,510 CAD

58%

33%

Cost to Own

Already Paid: 28,419 CAD (62%)

Cash Incentive: 0 CAD Buyout Price Today: 16,912 CAD

62% Paid

38%

Additional Financing Details

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: 16,912 CAD

4.9%Interest Rate x 48 months
389 CAD/month + tax
Total Payable: 18,658 CAD
Total Interest: 1,746 CAD

8.9%Interest Rate x 48 months
420 CAD/month + tax
Total Payable: 20,162 CAD
Total Interest: 3,250 CAD

14.9%Interest Rate x 48 months
470 CAD/month + tax
Total Payable: 22,551 CAD
Total Interest: 5,639 CAD

At the end of the Lease Contract

Residual Value: 14,510 CAD (in 5 months)

4.9%Interest Rate x 48 months
333 CAD/month + tax
Total Payable: 16,008 CAD
Total Interest: 1,498 CAD

8.9%Interest Rate x 48 months
360 CAD/month + tax
Total Payable: 17,299 CAD
Total Interest: 2,789 CAD

14.9%Interest Rate x 48 months
403 CAD/month + tax
Total Payable: 19,348 CAD
Total Interest: 4,838 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)