This Vehicle is Sold


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Transfer Details

+ 500 cash
Lease Takeover in Richmond Hill ON: 2018 Volkswagen Atlas Highline Automatic AWD
SAVE ~11,600 CAD
CAD/month x 40 months
2018 Volkswagen ATLAS HIGHLINE (ID: #4264)
636
Richmond Hill, ON
2018 Volkswagen

ATLAS HIGHLINE Automatic AWD w/ 20" Mejorada black alloy wheels package

Payment Details
  • Current Payment: 636 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 624 CAD/month + tax
  • Residual Value: 28,991 CAD
  • Months to End: 40 months (Dec, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 32,315 km total
  • Available Now: 8,306 km/year (692 per month)
  • Excess Km Cost: 0.15 CAD/km

Payment Analysis

636.20CAD/monthin Richmond Hill, ON
    Before Taxes:
  • 636.20 CAD/month
  • 293.63 CAD/bi-weekly
  • 146.82 CAD/week
  • 7,634.40 CAD/year
Incl. Ontario Taxes (13%):
  • 718.91 CAD/month
  • 331.80 CAD/bi-weekly
  • 165.90 CAD/week
  • 8,626.87 CAD/year

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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: 11,580 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Atlas Highline
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 914
This Contract (CAD/month) 636
Monthly Difference 277 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 11,080 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 11,580
** "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: 53,939 CAD
  • Total Vehicle Debt: 51,894 CAD
  • Paid so Far: -2,545 CAD (-5% Paid)
  • Remaining Lease Payments: 25,448 CAD
  • Residual Value: 28,991 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -2,545 CAD Total Vehicle Value: 51,894 CAD
-5% Paid
105%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,448 CAD
Term Paid so Far: -2,545 CAD Residual Value: 28,991 CAD
0%
-5%
49%
56%
Cost to Own
Already Paid: -2,545 CAD (-5%)
Cash Incentive: 500 CAD Buyout Price Today: 53,939 CAD
-5% Paid
0%
105%
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: 53,939 CAD

  • 4.9%Interest Rate x 48 months
  • 1,240 CAD/month + tax
  • Total Payable: 59,507 CAD
  • Total Interest: 5,568 CAD
  • 8.9%Interest Rate x 48 months
  • 1,340 CAD/month + tax
  • Total Payable: 64,306 CAD
  • Total Interest: 10,367 CAD
  • 14.9%Interest Rate x 48 months
  • 1,498 CAD/month + tax
  • Total Payable: 71,925 CAD
  • Total Interest: 17,986 CAD

At the end of the Lease Contract

Residual Value: 28,991 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 666 CAD/month + tax
  • Total Payable: 31,984 CAD
  • Total Interest: 2,993 CAD
  • 8.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,563 CAD
  • Total Interest: 5,572 CAD
  • 14.9%Interest Rate x 48 months
  • 805 CAD/month + tax
  • Total Payable: 38,658 CAD
  • Total Interest: 9,667 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)
90.11
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
20.51
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
159.72
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.