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: 2,848 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 32 months
Total Monthly Difference = 2,848 CAD
Total Savings (CAD) = 2,848

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 38,889 CAD
  • Total Vehicle Debt: 47,094 CAD
  • Paid so Far: 8,205 CAD (17% Paid)
  • Remaining Lease Payments: 17,504 CAD
  • Residual Value: 21,385 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,205 CAD Total Vehicle Value: 47,094 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,504 CAD
Term Paid so Far: 8,205 CAD Residual Value: 21,385 CAD
0%
17%
37%
46%
Cost to Own
Already Paid: 8,205 CAD (17%)
Cash Incentive: 0 CAD Buyout Price Today: 38,889 CAD
17% Paid
0%
83%
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: 38,889 CAD

  • 4.9%Interest Rate x 48 months
  • 894 CAD/month + tax
  • Total Payable: 42,904 CAD
  • Total Interest: 4,015 CAD
  • 8.9%Interest Rate x 48 months
  • 966 CAD/month + tax
  • Total Payable: 46,364 CAD
  • Total Interest: 7,475 CAD
  • 14.9%Interest Rate x 48 months
  • 1,080 CAD/month + tax
  • Total Payable: 51,856 CAD
  • Total Interest: 12,967 CAD

At the end of the Lease Contract

Residual Value: 21,385 CAD (in 32 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)
35.97
  • + tax
  • + fuel
  • + insurance
(or 0.36CAD per km)
  • 41.03CAD/100km (Original Contract back in Sep, 2017)
Time Analysis
Cost per day: (CAD)
17.98
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
350.96
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Sep, 2017)

Similar Listings in St. John's

+ 3,500 cash
Lease Takeover Temporary Image
CAD/month x 16 months
2020 Honda Lx (ID: #50507)
235
Musgrave harbour
2020 Honda

Lx Manuelle 2WD

Payment Details
  • Current Payment: 235 CAD/month + tax
  • Required Payment: 3,500 CAD
  • Payment Including Incentive: 454 CAD/month + tax
  • Residual Value: 8,459 CAD
  • Months to End: 16 months (Sep, 2025)
Vehicle Status
  • Contract Allowance: 2 km/year
  • Current Odometer: 50,000 km total
  • Available Now: -37,493 km/year (-3,124 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
+ More similar deals