Payment Analysis
620.24CAD/monthin Edmonton, AB
- 620.24 CAD/month
- 286.26 CAD/bi-weekly
- 143.13 CAD/week
- 7,442.88 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 651.25 CAD/month
- 300.58 CAD/bi-weekly
- 150.29 CAD/week
- 7,815.02 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:
1,955 ~ 2,355 CAD
compared to leasing a BRAND NEW:
- Volkswagen Golf R 5 door 2.0 TSI 288 HP 7-speed, automatic DSG with Tiptronic® 4MOTION w/ Driver Assistance Package & Orange Magma Custom Color (2,995CAD)
- for 42 months
- in Alberta
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 675 |
|---|---|
| This Contract (CAD/month) | 620 |
| Monthly Difference | 55 CAD/month |
| Remaining Term | x 21 months |
| Total Monthly Difference | = 1,155 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 1,955 ~ 2,355 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
40,051 CAD
- Total Vehicle Debt: 56,797 CAD
- Paid so Far: 16,746 CAD (29% Paid)
- Remaining Lease Payments: 13,025 CAD
- Residual Value: 27,026 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,746 CAD Total Vehicle Value: 56,797 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,025 CAD
Term Paid so Far: 16,746 CAD Residual Value: 27,026 CAD
Cost to Own
Already Paid: 16,746 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 40,051 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: 40,051 CAD
- 4.9%Interest Rate x 48 months
- 921 CAD/month + tax
- Total Payable: 44,185 CAD
- Total Interest: 4,135 CAD
- 8.9%Interest Rate x 48 months
- 995 CAD/month + tax
- Total Payable: 47,748 CAD
- Total Interest: 7,698 CAD
- 14.9%Interest Rate x 48 months
- 1,113 CAD/month + tax
- Total Payable: 53,405 CAD
- Total Interest: 13,355 CAD
At the end of the Lease Contract
Residual Value: 27,026 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 621 CAD/month + tax
- Total Payable: 29,815 CAD
- Total Interest: 2,790 CAD
- 8.9%Interest Rate x 48 months
- 671 CAD/month + tax
- Total Payable: 32,220 CAD
- Total Interest: 5,194 CAD
- 14.9%Interest Rate x 48 months
- 751 CAD/month + tax
- Total Payable: 36,037 CAD
- Total Interest: 9,011 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)
22.97
- + tax
- + fuel
- + insurance
- 46.52CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
20.39
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
623.08
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jul, 2018)
Similar Listings in Edmonton
2024 Mazda
n/a Automatique AWD
Payment Details
- Current Payment: 0 CAD/month + tax
- Months to End: 4 months (Aug, 2024)
Vehicle Status
- Contract Allowance: 0 km/year
- Current Odometer: 0 km total
- Available Now: 0 km/year (0 per month)
- Please note that this contract ends in less than a year.
