Payment Analysis

430.00CAD/monthin Montreal, QC
    Before Taxes:
  • 430.00 CAD/month
  • 198.46 CAD/bi-weekly
  • 99.23 CAD/week
  • 5,160.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 494.41 CAD/month
  • 228.19 CAD/bi-weekly
  • 114.10 CAD/week
  • 5,932.97 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: 2,305 ~ 2,705 CAD

compared to leasing a BRAND NEW:

  • VW Golf Sportwagen Auto Comfortline
  • for 42 months
  • in Québec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 455
This Contract (CAD/month) 430
Monthly Difference 25 CAD/month
Remaining Term x 43 months
Total Monthly Difference = 1,075 CAD
+ Cash Incentive** (CAD) + 430
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,305 ~ 2,705
** "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: 30,554 CAD
  • Total Vehicle Debt: 33,134 CAD
  • Paid so Far: 2,150 CAD (6% Paid)
  • Remaining Lease Payments: 18,490 CAD
  • Residual Value: 12,494 CAD
  • Cash Incentive: 430 CAD
Vehicle Debt & Value
Paid so far: 2,150 CAD Total Vehicle Value: 33,134 CAD
6% Paid
94%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,490 CAD
Term Paid so Far: 2,150 CAD Residual Value: 12,494 CAD
0%
6%
56%
38%
Cost to Own
Already Paid: 2,150 CAD (6%)
Cash Incentive: 430 CAD Buyout Price Today: 30,554 CAD
6% Paid
1%
93%
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: 30,554 CAD

  • 4.9%Interest Rate x 48 months
  • 702 CAD/month + tax
  • Total Payable: 33,708 CAD
  • Total Interest: 3,154 CAD
  • 8.9%Interest Rate x 48 months
  • 759 CAD/month + tax
  • Total Payable: 36,426 CAD
  • Total Interest: 5,873 CAD
  • 14.9%Interest Rate x 48 months
  • 849 CAD/month + tax
  • Total Payable: 40,742 CAD
  • Total Interest: 10,188 CAD

At the end of the Lease Contract

Residual Value: 12,494 CAD (in 43 months)

  • 4.9%Interest Rate x 48 months
  • 287 CAD/month + tax
  • Total Payable: 13,784 CAD
  • Total Interest: 1,290 CAD
  • 8.9%Interest Rate x 48 months
  • 310 CAD/month + tax
  • Total Payable: 14,895 CAD
  • Total Interest: 2,401 CAD
  • 14.9%Interest Rate x 48 months
  • 347 CAD/month + tax
  • Total Payable: 16,660 CAD
  • Total Interest: 4,166 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)
34.73
  • + tax
  • + fuel
  • + insurance
(inlcuding the 430CAD incentive)
Time Analysis
Cost per day: (CAD)
13.81
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 430CAD incentive)
Remaining Km
Can be driven up to:
279.07
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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