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:
4,995 ~ 5,395 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 45 months |
| Total Monthly Difference | = 3,195 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 4,995 ~ 5,395 |
| ** "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:
50,079 CAD
- Total Vehicle Debt: 53,031 CAD
- Paid so Far: 1,951 CAD (3% Paid)
- Remaining Lease Payments: 29,272 CAD
- Residual Value: 21,808 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 1,951 CAD Total Vehicle Value: 53,031 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,272 CAD
Term Paid so Far: 1,951 CAD Residual Value: 21,808 CAD
Cost to Own
Already Paid: 1,951 CAD (3%)
Cash Incentive: 1,000 CAD Buyout Price Today: 50,079 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: 50,079 CAD
- 4.9%Interest Rate x 48 months
- 1,151 CAD/month + tax
- Total Payable: 55,249 CAD
- Total Interest: 5,170 CAD
- 8.9%Interest Rate x 48 months
- 1,244 CAD/month + tax
- Total Payable: 59,705 CAD
- Total Interest: 9,625 CAD
- 14.9%Interest Rate x 48 months
- 1,391 CAD/month + tax
- Total Payable: 66,778 CAD
- Total Interest: 16,699 CAD
At the end of the Lease Contract
Residual Value: 21,808 CAD (in 45 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)
34.51
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
20.66
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
420.10
- km/week
- without any
- additional costs
Similar Listings in Toronto
+ 800 cash
2024 Mazda
Mazda3 GT w/Turbo AWD Automatic Automatique AWD
Payment Details
- Current Payment: 499 CAD/month + tax
- Cash Incentive: 800 CAD
- Payment After Incentive: 466 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Residual Value: 19,748 CAD
- Months to End: 24 months (Sep, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 25,500 km total
- Available Now: 17,250 km/year (1,438 per month)
- Excess Km Cost: 0.08 CAD/km
+ 1,000 cash
2023 Hyundai
KONA ESSENTIAL Automatique AWD
Payment Details
- Current Payment: 440 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 405 CAD/month + tax
- Original Downpayment: 500 CAD
- Months to End: 29 months (Jan, 2028)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 5,000 km total
- Available Now: 31,034 km/year (2,586 per month)
Deal Special Perks
+ 5,000 cash
2022 Lexus
IS300 Luxury Automatique AWD
Payment Details
- Current Payment: 606 CAD/month + tax
- Required Payment: 5,000 CAD
- Payment Including Incentive: 844 CAD/month + tax
- Residual Value: 20,517 CAD
- Months to End: 21 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 22,951 km total
- Available Now: 43,076 km/year (3,590 per month)
- Excess Km Cost: 0.20 CAD/km
+ 3,000 cash
2024 Audi
S3 Komfort Automatique AWD Pre Paid Maintenance package
Payment Details
- Current Payment: 731 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 620 CAD/month + tax
- Residual Value: 31,000 CAD
- Months to End: 27 months (Nov, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 40,000 km total
- Available Now: 17,037 km/year (1,420 per month)
- Excess Km Cost: 0.08 CAD/km
2023 Genesis
G70 - 3.3T Sport Automatique AWD
Payment Details
- Current Payment: 793 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 29,939 CAD
- Months to End: 25 months (Oct, 2027)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 36,500 km total
- Available Now: 28,560 km/year (2,380 per month)
- Excess Km Cost: 0.25 CAD/km
2021 Mazda
Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 352 CAD/month + tax
- Months to End: 7 months (Jan, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 52,000 km total
- Available Now: 48,000 km/year (4,000 per month)
- Please note that this contract ends in less than a year.
