Payment Analysis
509.06CAD/monthin Toronto, ON
- 509.06 CAD/month
- 234.95 CAD/bi-weekly
- 117.48 CAD/week
- 6,108.72 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 575.24 CAD/month
- 265.49 CAD/bi-weekly
- 132.75 CAD/week
- 6,902.85 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:
4,600 CAD
compared to leasing a BRAND NEW:
- VW Jetta Highline 8-speed automatic with Tiptronic® + R-Line Package
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year (please, note this contract has way more available)
Leasing New (CAD/month) | 609 |
---|---|
This Contract (CAD/month) | 509 |
Monthly Difference | 100 CAD/month |
Remaining Term | x 23 months |
Total Monthly Difference | = 2,300 CAD |
+ Cash Incentive** (CAD) | + 2,300 |
Total Savings (CAD) | = 4,600 |
** "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:
20,799 CAD
- Total Vehicle Debt: 29,647 CAD
- Paid so Far: 6,548 CAD (22% Paid)
- Remaining Lease Payments: 11,708 CAD
- Residual Value: 11,391 CAD
- Cash Incentive: 2,300 CAD
Vehicle Debt & Value
Paid so far: 6,548 CAD Total Vehicle Value: 29,647 CAD
Vehicle Debt Breakdown
Downpayment: 439 CAD Remaining Term: 11,708 CAD
Term Paid so Far: 6,109 CAD Residual Value: 11,391 CAD
Cost to Own
Already Paid: 6,548 CAD (22%)
Cash Incentive: 2,300 CAD Buyout Price Today: 20,799 CAD
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: 20,799 CAD
- 4.9%Interest Rate x 48 months
- 478 CAD/month + tax
- Total Payable: 22,947 CAD
- Total Interest: 2,147 CAD
- 8.9%Interest Rate x 48 months
- 517 CAD/month + tax
- Total Payable: 24,797 CAD
- Total Interest: 3,998 CAD
- 14.9%Interest Rate x 48 months
- 578 CAD/month + tax
- Total Payable: 27,735 CAD
- Total Interest: 6,935 CAD
At the end of the Lease Contract
Residual Value: 11,391 CAD (in 23 months)
- 4.9%Interest Rate x 48 months
- 262 CAD/month + tax
- Total Payable: 12,567 CAD
- Total Interest: 1,176 CAD
- 8.9%Interest Rate x 48 months
- 283 CAD/month + tax
- Total Payable: 13,580 CAD
- Total Interest: 2,189 CAD
- 14.9%Interest Rate x 48 months
- 316 CAD/month + tax
- Total Payable: 15,189 CAD
- Total Interest: 3,798 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)
11.27
- + tax
- + fuel
- + insurance
- 14.02CAD/100km (TODAY without the Cash Incentive)
- 17.47CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
13.45
- + tax
- + insurance
- + km driven & fuel
- 16.74CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
837.63
- km/week
- without any
- additional costs
- 672.42km/week (Contract Original back in May, 2019)
Seller Contact Info
This Contract was Already Transferred.
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