Payment Analysis

547.00CAD/monthin St. John's, NL
    Before Taxes:
  • 547.00 CAD/month
  • 252.46 CAD/bi-weekly
  • 126.23 CAD/week
  • 6,564.00 CAD/year
Incl. Newfoundland & L. Taxes (15%):
  • 629.05 CAD/month
  • 290.33 CAD/bi-weekly
  • 145.17 CAD/week
  • 7,548.60 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: 3,916 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Golf
  • for 30 months
  • in Newfoundland and Labrador
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 636
This Contract (CAD/month) 547
Monthly Difference 89 CAD/month
Remaining Term x 44 months
Total Monthly Difference = 3,916 CAD
Total Savings (CAD) = 3,916

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 45,453 CAD
  • Total Vehicle Debt: 47,094 CAD
  • Paid so Far: 1,641 CAD (3% Paid)
  • Remaining Lease Payments: 24,068 CAD
  • Residual Value: 21,385 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 1,641 CAD Total Vehicle Value: 47,094 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,068 CAD
Term Paid so Far: 1,641 CAD Residual Value: 21,385 CAD
0%
3%
51%
46%
Cost to Own
Already Paid: 1,641 CAD (3%)
Cash Incentive: 0 CAD Buyout Price Today: 45,453 CAD
3% Paid
0%
97%
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: 45,453 CAD

  • 4.9%Interest Rate x 48 months
  • 1,045 CAD/month + tax
  • Total Payable: 50,145 CAD
  • Total Interest: 4,692 CAD
  • 8.9%Interest Rate x 48 months
  • 1,129 CAD/month + tax
  • Total Payable: 54,189 CAD
  • Total Interest: 8,736 CAD
  • 14.9%Interest Rate x 48 months
  • 1,263 CAD/month + tax
  • Total Payable: 60,609 CAD
  • Total Interest: 15,156 CAD

At the end of the Lease Contract

Residual Value: 21,385 CAD (in 44 months)

  • 4.9%Interest Rate x 48 months
  • 492 CAD/month + tax
  • Total Payable: 23,593 CAD
  • Total Interest: 2,208 CAD
  • 8.9%Interest Rate x 48 months
  • 531 CAD/month + tax
  • Total Payable: 25,495 CAD
  • Total Interest: 4,110 CAD
  • 14.9%Interest Rate x 48 months
  • 594 CAD/month + tax
  • Total Payable: 28,516 CAD
  • Total Interest: 7,131 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)
49.45
  • + tax
  • + fuel
  • + insurance
(or 0.49CAD per km)
Time Analysis
Cost per day: (CAD)
17.98
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
255.24
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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