Payment Analysis
581.00CAD/monthin Saskatoon, SK
- 581.00 CAD/month
- 268.15 CAD/bi-weekly
- 134.08 CAD/week
- 6,972.00 CAD/year
Before Taxes:
Incl. Saskatchewan Taxes (11%):
- 644.91 CAD/month
- 297.65 CAD/bi-weekly
- 148.83 CAD/week
- 7,738.92 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:
147 CAD
compared to leasing a BRAND NEW:
- Volkswagen Golf R
- for 42 months
- in Saskatchewan
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 589 |
|---|---|
| This Contract (CAD/month) | 581 |
| Monthly Difference | 7 CAD/month |
| Remaining Term | x 21 months |
| Total Monthly Difference | = 147 CAD |
| Total Savings (CAD) | = 147 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
34,258 CAD
- Total Vehicle Debt: 49,945 CAD
- Paid so Far: 15,687 CAD (31% Paid)
- Remaining Lease Payments: 12,201 CAD
- Residual Value: 22,057 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,687 CAD Total Vehicle Value: 49,945 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,201 CAD
Term Paid so Far: 15,687 CAD Residual Value: 22,057 CAD
Cost to Own
Already Paid: 15,687 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 34,258 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: 34,258 CAD
- 4.9%Interest Rate x 48 months
- 787 CAD/month + tax
- Total Payable: 37,795 CAD
- Total Interest: 3,537 CAD
- 8.9%Interest Rate x 48 months
- 851 CAD/month + tax
- Total Payable: 40,843 CAD
- Total Interest: 6,585 CAD
- 14.9%Interest Rate x 48 months
- 952 CAD/month + tax
- Total Payable: 45,681 CAD
- Total Interest: 11,423 CAD
At the end of the Lease Contract
Residual Value: 22,057 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 507 CAD/month + tax
- Total Payable: 24,334 CAD
- Total Interest: 2,277 CAD
- 8.9%Interest Rate x 48 months
- 548 CAD/month + tax
- Total Payable: 26,296 CAD
- Total Interest: 4,239 CAD
- 14.9%Interest Rate x 48 months
- 613 CAD/month + tax
- Total Payable: 29,412 CAD
- Total Interest: 7,355 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)
20.87
- + tax
- + fuel
- + insurance
- 43.58CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
19.10
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
642.29
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jul, 2018)
