Payment Analysis

668.00CAD/monthin Toronto, ON
    Before Taxes:
  • 668.00 CAD/month
  • 308.31 CAD/bi-weekly
  • 154.15 CAD/week
  • 8,016.00 CAD/year
Incl. Ontario Taxes (13%):
  • 754.84 CAD/month
  • 348.39 CAD/bi-weekly
  • 174.19 CAD/week
  • 9,058.08 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: 7,330 ~ 8,630 CAD

compared to leasing a BRAND NEW:

  • Golf R
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 860
This Contract (CAD/month) 668
Monthly Difference 191 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 5,730 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,330 ~ 8,630

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 55,040 CAD
  • Total Vehicle Debt: 64,048 CAD
  • Paid so Far: 9,008 CAD (14% Paid)
  • Remaining Lease Payments: 20,040 CAD
  • Residual Value: 35,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,008 CAD Total Vehicle Value: 64,048 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 20,040 CAD
Term Paid so Far: 4,008 CAD Residual Value: 35,000 CAD
7%
7%
31%
55%
Cost to Own
Already Paid: 9,008 CAD (14%)
Cash Incentive: 0 CAD Buyout Price Today: 55,040 CAD
14% Paid
0%
86%
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: 55,040 CAD

  • 4.9%Interest Rate x 48 months
  • 1,265 CAD/month + tax
  • Total Payable: 60,722 CAD
  • Total Interest: 5,682 CAD
  • 8.9%Interest Rate x 48 months
  • 1,367 CAD/month + tax
  • Total Payable: 65,619 CAD
  • Total Interest: 10,579 CAD
  • 14.9%Interest Rate x 48 months
  • 1,529 CAD/month + tax
  • Total Payable: 73,393 CAD
  • Total Interest: 18,353 CAD

At the end of the Lease Contract

Residual Value: 35,000 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 804 CAD/month + tax
  • Total Payable: 38,613 CAD
  • Total Interest: 3,613 CAD
  • 8.9%Interest Rate x 48 months
  • 869 CAD/month + tax
  • Total Payable: 41,727 CAD
  • Total Interest: 6,727 CAD
  • 14.9%Interest Rate x 48 months
  • 972 CAD/month + tax
  • Total Payable: 46,671 CAD
  • Total Interest: 11,671 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)
33.40
  • + tax
  • + fuel
  • + insurance
(or 0.33CAD per km)
Time Analysis
Cost per day: (CAD)
21.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
461.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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