Payment Analysis

651.83CAD/monthin Toronto, ON
    Before Taxes:
  • 651.83 CAD/month
  • 300.84 CAD/bi-weekly
  • 150.42 CAD/week
  • 7,821.96 CAD/year
Incl. Ontario Taxes (13%):
  • 736.57 CAD/month
  • 339.95 CAD/bi-weekly
  • 169.98 CAD/week
  • 8,838.81 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: 7,084 CAD

compared to leasing a BRAND NEW:

  • GTI Autobahn 2.0 TSI 241 HP 7-speed, Auto. FWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 727
This Contract (CAD/month) 652
Monthly Difference 76 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 2,584 CAD
+ Cash Incentive** (CAD) + 4,500
Total Savings (CAD) = 7,084
** "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: 39,293 CAD
  • Total Vehicle Debt: 52,919 CAD
  • Paid so Far: 9,126 CAD (17% Paid)
  • Remaining Lease Payments: 22,162 CAD
  • Residual Value: 21,631 CAD
  • Cash Incentive: 4,500 CAD
Vehicle Debt & Value
Paid so far: 9,126 CAD Total Vehicle Value: 52,919 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,162 CAD
Term Paid so Far: 9,126 CAD Residual Value: 21,631 CAD
0%
17%
42%
41%
Cost to Own
Already Paid: 9,126 CAD (17%)
Cash Incentive: 4,500 CAD Buyout Price Today: 39,293 CAD
17% Paid
8%
75%
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: 39,293 CAD

  • 4.9%Interest Rate x 48 months
  • 903 CAD/month + tax
  • Total Payable: 43,350 CAD
  • Total Interest: 4,056 CAD
  • 8.9%Interest Rate x 48 months
  • 976 CAD/month + tax
  • Total Payable: 46,846 CAD
  • Total Interest: 7,552 CAD
  • 14.9%Interest Rate x 48 months
  • 1,092 CAD/month + tax
  • Total Payable: 52,395 CAD
  • Total Interest: 13,102 CAD

At the end of the Lease Contract

Residual Value: 21,631 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,864 CAD
  • Total Interest: 2,233 CAD
  • 8.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,789 CAD
  • Total Interest: 4,158 CAD
  • 14.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,844 CAD
  • Total Interest: 7,213 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)
45.06
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,500CAD incentive)
  • 56.54CAD/100km (TODAY without the Cash Incentive)
  • 65.18CAD/100km (Original Contract back in Apr, 2023)
Time Analysis
Cost per day: (CAD)
17.08
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,500CAD incentive)
  • 21.43CAD/day (Original Contract back in Apr, 2023)
Remaining Km
Can be driven up to:
266.06
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Apr, 2023)

Seller Contact Info

  • Name: Farid Ali
  • Location: Toronto, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

Click here to Make an OFFER

For more details about this contract, please contact the seller.

Similar Listings in Toronto

2023 Hyundai

2023 HYUNDAI KONA ESSENTIAL AWD Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 440 CAD/month + tax
  • Original Downpayment: 500 CAD
  • Residual Value: 12,118 CAD
  • Months to End: 44 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 20,455 km/year (1,705 per month)
See all Details
+ 5,000 cash
CAD/month x 36 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatique AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 745 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 36 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,951 km total
  • Available Now: 25,127 km/year (2,094 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
+ 950 cash
CAD/month x 33 months
2023 Mazda Mazda3 Sport GT (ID: #46600)
598
Mississauga, ON
2023 Mazda

Mazda3 Sport GT Automatique AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 598 CAD/month + tax
  • Cash Incentive: 950 CAD
  • Payment After Incentive: 569 CAD/month + tax
  • Original Downpayment: 3,211 CAD
  • Residual Value: 19,315 CAD
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 4,600 km total
  • Available Now: 21,600 km/year (1,800 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 7 months
2021 Mazda Mazda3 GT Auto FWD (ID: #45347)
352
Toronto, ON
2021 Mazda

Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 352 CAD/month + tax
  • Months to End: 7 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 48,000 km/year (4,000 per month)
  • Please note that this contract ends in less than a year.
See all Details
CAD/month x 54 months
2024 Mazda CX 50 GT Turbo (ID: #53295)
736
Toronto
2024 Mazda

CX 50 GT Turbo Automatique AWD

Payment Details
  • Current Payment: 736 CAD/month + tax
  • Original Downpayment: 2,500 CAD
  • Months to End: 54 months (Dec, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 7,500 km total
  • Available Now: 20,556 km/year (1,713 per month)
See all Details
CAD/month x 33 months
2021 Volkswagen GTI Autobahn (ID: #53169)
630
Toronto
2021 Volkswagen

GTI Autobahn Automatique 2WD

Payment Details
  • Current Payment: 630 CAD/month + tax
  • Original Downpayment: 10,000 CAD
  • Months to End: 33 months (Mar, 2027)
Vehicle Status
  • Contract Allowance: 0 km/year
  • Current Odometer: 38,000 km total
  • Available Now: -13,818 km/year (-1,152 per month)
See all Details