Payment Analysis

741.45CAD/monthin Toronto, ON
    Before Taxes:
  • 741.45 CAD/month
  • 342.21 CAD/bi-weekly
  • 171.10 CAD/week
  • 8,897.40 CAD/year
Incl. Ontario Taxes (13%):
  • 837.84 CAD/month
  • 386.69 CAD/bi-weekly
  • 193.35 CAD/week
  • 10,054.06 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: 4,642 ~ 5,542 CAD

compared to leasing a BRAND NEW:

  • VW Atlas Execline 3.6 FSI 276HP 8-speed automatic with Tiptronic® 4MOTION®
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 854
This Contract (CAD/month) 741
Monthly Difference 113 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 3,842 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,642 ~ 5,542

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 48,290 CAD
  • Total Vehicle Debt: 58,750 CAD
  • Paid so Far: 10,460 CAD (17% Paid)
  • Remaining Lease Payments: 25,209 CAD
  • Residual Value: 23,080 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,460 CAD Total Vehicle Value: 58,750 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 80 CAD Remaining Term: 25,209 CAD
Term Paid so Far: 10,380 CAD Residual Value: 23,080 CAD
0%
17%
43%
40%
Cost to Own
Already Paid: 10,460 CAD (17%)
Cash Incentive: 0 CAD Buyout Price Today: 48,290 CAD
17% Paid
0%
83%
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: 48,290 CAD

  • 4.9%Interest Rate x 48 months
  • 1,110 CAD/month + tax
  • Total Payable: 53,275 CAD
  • Total Interest: 4,985 CAD
  • 8.9%Interest Rate x 48 months
  • 1,199 CAD/month + tax
  • Total Payable: 57,571 CAD
  • Total Interest: 9,281 CAD
  • 14.9%Interest Rate x 48 months
  • 1,341 CAD/month + tax
  • Total Payable: 64,391 CAD
  • Total Interest: 16,102 CAD

At the end of the Lease Contract

Residual Value: 23,080 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 530 CAD/month + tax
  • Total Payable: 25,463 CAD
  • Total Interest: 2,383 CAD
  • 8.9%Interest Rate x 48 months
  • 573 CAD/month + tax
  • Total Payable: 27,516 CAD
  • Total Interest: 4,436 CAD
  • 14.9%Interest Rate x 48 months
  • 641 CAD/month + tax
  • Total Payable: 30,776 CAD
  • Total Interest: 7,696 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)
49.00
  • + tax
  • + fuel
  • + insurance
(or 0.49CAD per km)
Time Analysis
Cost per day: (CAD)
24.38
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
349.21
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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