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: 4,064 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 14 months
Total Monthly Difference = 1,064 CAD
+ Cash Incentive** (CAD) + 3,000
Total Savings (CAD) = 4,064
** "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: 27,757 CAD
  • Total Vehicle Debt: 52,919 CAD
  • Paid so Far: 22,162 CAD (41% Paid)
  • Remaining Lease Payments: 9,126 CAD
  • Residual Value: 21,631 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 22,162 CAD Total Vehicle Value: 52,919 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,126 CAD
Term Paid so Far: 22,162 CAD Residual Value: 21,631 CAD
0%
41%
17%
42%
Cost to Own
Already Paid: 22,162 CAD (41%)
Cash Incentive: 3,000 CAD Buyout Price Today: 27,757 CAD
41% Paid
5%
54%
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: 27,757 CAD

  • 4.9%Interest Rate x 48 months
  • 638 CAD/month + tax
  • Total Payable: 30,622 CAD
  • Total Interest: 2,865 CAD
  • 8.9%Interest Rate x 48 months
  • 689 CAD/month + tax
  • Total Payable: 33,092 CAD
  • Total Interest: 5,335 CAD
  • 14.9%Interest Rate x 48 months
  • 771 CAD/month + tax
  • Total Payable: 37,012 CAD
  • Total Interest: 9,255 CAD

At the end of the Lease Contract

Residual Value: 21,631 CAD (in 14 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)
15.63
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 23.28CAD/100km (TODAY without the Cash Incentive)
  • 65.18CAD/100km (Original Contract back in Apr, 2023)
Time Analysis
Cost per day: (CAD)
14.39
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 21.43CAD/day (Original Contract back in Apr, 2023)
Remaining Km
Can be driven up to:
646.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Apr, 2023)

Seller Contact Info

This Contract was Already Transferred.

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