Payment Analysis

532.00CAD/monthin Montreal, QC
    Before Taxes:
  • 532.00 CAD/month
  • 245.54 CAD/bi-weekly
  • 122.77 CAD/week
  • 6,384.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 611.69 CAD/month
  • 282.32 CAD/bi-weekly
  • 141.16 CAD/week
  • 7,340.32 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: 11,141 ~ 12,041 CAD

compared to leasing a BRAND NEW:

  • VW Atlas Comfortline FWD
  • for 24 months
  • in Québec
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 915
This Contract (CAD/month) 532
Monthly Difference 383 CAD/month
Remaining Term x 27 months
Total Monthly Difference = 10,341 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,141 ~ 12,041

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,364 CAD
  • Total Vehicle Debt: 47,536 CAD
  • Paid so Far: 12,172 CAD (25% Paid)
  • Remaining Lease Payments: 14,364 CAD
  • Residual Value: 21,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,172 CAD Total Vehicle Value: 47,536 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 14,364 CAD
Term Paid so Far: 11,172 CAD Residual Value: 21,000 CAD
2%
23%
30%
45%
Cost to Own
Already Paid: 12,172 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 35,364 CAD
25% Paid
0%
75%
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: 35,364 CAD

  • 4.9%Interest Rate x 48 months
  • 813 CAD/month + tax
  • Total Payable: 39,015 CAD
  • Total Interest: 3,651 CAD
  • 8.9%Interest Rate x 48 months
  • 878 CAD/month + tax
  • Total Payable: 42,161 CAD
  • Total Interest: 6,797 CAD
  • 14.9%Interest Rate x 48 months
  • 982 CAD/month + tax
  • Total Payable: 47,156 CAD
  • Total Interest: 11,792 CAD

At the end of the Lease Contract

Residual Value: 21,000 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,168 CAD
  • Total Interest: 2,168 CAD
  • 8.9%Interest Rate x 48 months
  • 522 CAD/month + tax
  • Total Payable: 25,036 CAD
  • Total Interest: 4,036 CAD
  • 14.9%Interest Rate x 48 months
  • 583 CAD/month + tax
  • Total Payable: 28,002 CAD
  • Total Interest: 7,002 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)
30.56
  • + tax
  • + fuel
  • + insurance
(or 0.31CAD per km)
  • 31.92CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
17.49
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
401.71
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Dec, 2017)

Seller Contact Info

This Contract was Already Transferred.

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