Payment Analysis
318.56CAD/monthin London, ON
- 318.56 CAD/month
- 147.03 CAD/bi-weekly
- 73.51 CAD/week
- 3,822.72 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 359.97 CAD/month
- 166.14 CAD/bi-weekly
- 83.07 CAD/week
- 4,319.67 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:
7,475 ~ 8,775 CAD
compared to leasing a BRAND NEW:
- Volkswagen Jetta Highline 1.4 Automatic 2WD
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 553 |
|---|---|
| This Contract (CAD/month) | 319 |
| Monthly Difference | 235 CAD/month |
| Remaining Term | x 25 months |
| Total Monthly Difference | = 5,875 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,475 ~ 8,775 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,692 CAD
- Total Vehicle Debt: 29,019 CAD
- Paid so Far: 9,327 CAD (32% Paid)
- Remaining Lease Payments: 7,964 CAD
- Residual Value: 11,728 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,327 CAD Total Vehicle Value: 29,019 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 7,964 CAD
Term Paid so Far: 7,327 CAD Residual Value: 11,728 CAD
Cost to Own
Already Paid: 9,327 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 19,692 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: 19,692 CAD
- 4.9%Interest Rate x 48 months
- 453 CAD/month + tax
- Total Payable: 21,725 CAD
- Total Interest: 2,033 CAD
- 8.9%Interest Rate x 48 months
- 489 CAD/month + tax
- Total Payable: 23,477 CAD
- Total Interest: 3,785 CAD
- 14.9%Interest Rate x 48 months
- 547 CAD/month + tax
- Total Payable: 26,258 CAD
- Total Interest: 6,566 CAD
At the end of the Lease Contract
Residual Value: 11,728 CAD (in 25 months)
- 4.9%Interest Rate x 48 months
- 270 CAD/month + tax
- Total Payable: 12,938 CAD
- Total Interest: 1,211 CAD
- 8.9%Interest Rate x 48 months
- 291 CAD/month + tax
- Total Payable: 13,982 CAD
- Total Interest: 2,254 CAD
- 14.9%Interest Rate x 48 months
- 326 CAD/month + tax
- Total Payable: 15,638 CAD
- Total Interest: 3,911 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)
18.10
- + tax
- + fuel
- + insurance
- 19.11CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
10.47
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
406.15
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2019)
Seller Contact Info
This Contract was Already Transferred.
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2023 Hyundai
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Payment Details
- Current Payment: 490 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 26,926 CAD
- Months to End: 16 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 11,000 km total
- Available Now: 27,750 km/year (2,313 per month)
- Excess Km Cost: 0.12 CAD/km
