Payment Analysis
650.48CAD/monthin Vaughan, ON
- 650.48 CAD/month
- 300.22 CAD/bi-weekly
- 150.11 CAD/week
- 7,805.76 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 735.04 CAD/month
- 339.25 CAD/bi-weekly
- 169.63 CAD/week
- 8,820.51 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:
4,853 ~ 5,253 CAD
compared to leasing a BRAND NEW:
- Volkswagen Golf R Manual
- for 36 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 721 |
|---|---|
| This Contract (CAD/month) | 650 |
| Monthly Difference | 71 CAD/month |
| Remaining Term | x 43 months |
| Total Monthly Difference | = 3,053 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 4,853 ~ 5,253 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
48,778 CAD
- Total Vehicle Debt: 53,031 CAD
- Paid so Far: 3,252 CAD (6% Paid)
- Remaining Lease Payments: 27,971 CAD
- Residual Value: 21,808 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 3,252 CAD Total Vehicle Value: 53,031 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 27,971 CAD
Term Paid so Far: 3,252 CAD Residual Value: 21,808 CAD
Cost to Own
Already Paid: 3,252 CAD (6%)
Cash Incentive: 1,000 CAD Buyout Price Today: 48,778 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: 48,778 CAD
- 4.9%Interest Rate x 48 months
- 1,121 CAD/month + tax
- Total Payable: 53,814 CAD
- Total Interest: 5,036 CAD
- 8.9%Interest Rate x 48 months
- 1,212 CAD/month + tax
- Total Payable: 58,154 CAD
- Total Interest: 9,375 CAD
- 14.9%Interest Rate x 48 months
- 1,355 CAD/month + tax
- Total Payable: 65,043 CAD
- Total Interest: 16,265 CAD
At the end of the Lease Contract
Residual Value: 21,808 CAD (in 43 months)
- 4.9%Interest Rate x 48 months
- 501 CAD/month + tax
- Total Payable: 24,059 CAD
- Total Interest: 2,251 CAD
- 8.9%Interest Rate x 48 months
- 542 CAD/month + tax
- Total Payable: 25,999 CAD
- Total Interest: 4,191 CAD
- 14.9%Interest Rate x 48 months
- 606 CAD/month + tax
- Total Payable: 29,079 CAD
- Total Interest: 7,272 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)
32.92
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
20.62
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
439.64
- km/week
- without any
- additional costs
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