Payment Analysis
501.94CAD/monthin Quebec, QC
- 501.94 CAD/month
- 231.66 CAD/bi-weekly
- 115.83 CAD/week
- 6,023.28 CAD/year
Before Taxes:
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
| 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
Vehicle Debt Breakdown
Downpayment: 5,200 CAD Remaining Term: 1,004 CAD
Term Paid so Far: 23,089 CAD Residual Value: 18,995 CAD
Cost to Own
Already Paid: 28,289 CAD
Cash Incentive: 1,000 CAD Buyout Price Today: 18,999 CAD
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
- 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
- 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
- 307.69km/week (Contract Original back in Sep, 2016)
