Payment Analysis

313.00CAD/monthin Montreal, QC
    Before Taxes:
  • 313.00 CAD/month
  • 144.46 CAD/bi-weekly
  • 72.23 CAD/week
  • 3,756.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 359.89 CAD/month
  • 166.10 CAD/bi-weekly
  • 83.05 CAD/week
  • 4,318.65 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: 2,459 ~ 2,859 CAD

compared to leasing a BRAND NEW:

  • VW Jetta Highline Turbocharged 4 Cyl 147 HP 8-speed automatic with Tiptronic®
  • for 42 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 392
This Contract (CAD/month) 313
Monthly Difference 79 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 1,659 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,459 ~ 2,859

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,280 CAD
  • Total Vehicle Debt: 29,487 CAD
  • Paid so Far: 12,207 CAD (41% Paid)
  • Remaining Lease Payments: 6,573 CAD
  • Residual Value: 10,707 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,207 CAD Total Vehicle Value: 29,487 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,573 CAD
Term Paid so Far: 12,207 CAD Residual Value: 10,707 CAD
0%
41%
22%
37%
Cost to Own
Already Paid: 12,207 CAD (41%)
Cash Incentive: 0 CAD Buyout Price Today: 17,280 CAD
41% Paid
0%
59%
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: 17,280 CAD

  • 4.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,064 CAD
  • Total Interest: 1,784 CAD
  • 8.9%Interest Rate x 48 months
  • 429 CAD/month + tax
  • Total Payable: 20,601 CAD
  • Total Interest: 3,321 CAD
  • 14.9%Interest Rate x 48 months
  • 480 CAD/month + tax
  • Total Payable: 23,042 CAD
  • Total Interest: 5,762 CAD

At the end of the Lease Contract

Residual Value: 10,707 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 246 CAD/month + tax
  • Total Payable: 11,812 CAD
  • Total Interest: 1,105 CAD
  • 8.9%Interest Rate x 48 months
  • 266 CAD/month + tax
  • Total Payable: 12,765 CAD
  • Total Interest: 2,058 CAD
  • 14.9%Interest Rate x 48 months
  • 297 CAD/month + tax
  • Total Payable: 14,277 CAD
  • Total Interest: 3,570 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)
9.04
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 23.48CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
10.29
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
799.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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