Payment Analysis

349.00CAD/monthin Montreal, QC
    Before Taxes:
  • 349.00 CAD/month
  • 161.08 CAD/bi-weekly
  • 80.54 CAD/week
  • 4,188.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 401.28 CAD/month
  • 185.21 CAD/bi-weekly
  • 92.60 CAD/week
  • 4,815.36 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: 23,056 ~ 23,456 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Jetta Trendline
  • for 12 months
  • in Quebec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 777
This Contract (CAD/month) 349
Monthly Difference 428 CAD/month
Remaining Term x 52 months
Total Monthly Difference = 22,256 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 23,056 ~ 23,456

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,448 CAD
  • Total Vehicle Debt: 15,676 CAD
  • Paid so Far: -9,772 CAD (-63% Paid)
  • Remaining Lease Payments: 18,148 CAD
  • Residual Value: 7,300 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -9,772 CAD Total Vehicle Value: 15,676 CAD
-63% Paid
163%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,148 CAD
Term Paid so Far: -9,772 CAD Residual Value: 7,300 CAD
0%
-63%
116%
47%
Cost to Own
Already Paid: -9,772 CAD (-63%)
Cash Incentive: 0 CAD Buyout Price Today: 25,448 CAD
-63% Paid
0%
163%
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: 25,448 CAD

  • 4.9%Interest Rate x 48 months
  • 585 CAD/month + tax
  • Total Payable: 28,075 CAD
  • Total Interest: 2,627 CAD
  • 8.9%Interest Rate x 48 months
  • 632 CAD/month + tax
  • Total Payable: 30,339 CAD
  • Total Interest: 4,891 CAD
  • 14.9%Interest Rate x 48 months
  • 707 CAD/month + tax
  • Total Payable: 33,933 CAD
  • Total Interest: 8,485 CAD

At the end of the Lease Contract

Residual Value: 7,300 CAD (in 52 months)

  • 4.9%Interest Rate x 48 months
  • 168 CAD/month + tax
  • Total Payable: 8,054 CAD
  • Total Interest: 754 CAD
  • 8.9%Interest Rate x 48 months
  • 181 CAD/month + tax
  • Total Payable: 8,703 CAD
  • Total Interest: 1,403 CAD
  • 14.9%Interest Rate x 48 months
  • 203 CAD/month + tax
  • Total Payable: 9,734 CAD
  • Total Interest: 2,434 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)
95.52
  • + tax
  • + fuel
  • + insurance
(or 0.96CAD per km)
Time Analysis
Cost per day: (CAD)
11.47
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
84.32
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD

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