Payment Analysis

501.94CAD/monthin Quebec, QC
    Before Taxes:
  • 501.94 CAD/month
  • 231.66 CAD/bi-weekly
  • 115.83 CAD/week
  • 6,023.28 CAD/year
Incl. Québec Taxes (14.98%):
  • 577.13 CAD/month
  • 266.37 CAD/bi-weekly
  • 133.18 CAD/week
  • 6,925.57 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis "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)

For Leasing Purposes

With this deal, you are saving: 2,738 CAD

compared to leasing a BRAND NEW:

  • VW Tiguan Highline w/ R-Line Package
  • for 12 months
  • in Québec
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,370
This Contract (CAD/month) 502
Monthly Difference 869 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 1,738 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 2,738
** "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: 18,999 CAD
  • Total Vehicle Debt: 48,288 CAD
  • Paid so Far: 28,289 CAD (58% Paid)
  • Remaining Lease Payments: 1,004 CAD
  • Residual Value: 18,995 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 28,289 CAD Total Vehicle Value: 48,288 CAD
58% Paid
42%
Vehicle Debt Breakdown
Downpayment: 5,200 CAD Remaining Term: 1,004 CAD
Term Paid so Far: 23,089 CAD Residual Value: 18,995 CAD
10%
48%
2%
40%
Cost to Own
Already Paid: 28,289 CAD
Cash Incentive: 1,000 CAD Buyout Price Today: 18,999 CAD
58% Paid
2%
40%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more)

Finance the remaining Debt Today

Remaining Term + Residual Value: 18,999 CAD

  • 4.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,960 CAD
  • Total Interest: 1,961 CAD
  • 8.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,651 CAD
  • Total Interest: 3,652 CAD
  • 14.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,334 CAD
  • Total Interest: 6,335 CAD

At the end of the Lease Contract

Residual Value: 18,995 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,956 CAD
  • Total Interest: 1,961 CAD
  • 8.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,646 CAD
  • Total Interest: 3,651 CAD
  • 14.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,329 CAD
  • Total Interest: 6,334 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)

Distance Analysis
Cost to drive 100km: (CAD)
0.04
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 9.56CAD/100km (TODAY without the Cash Incentive)
  • 37.65CAD/100km (Original Contract back in Sep, 2016)
Time Analysis
Cost per day: (CAD)
0.06
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 16.50CAD/day (Original Contract back in Sep, 2016)
Remaining Km
Can be driven up to:
1,211.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Sep, 2016)

Seller Contact Info

This Contract was Already Transferred.