Payment Analysis

679.00CAD/monthin Toronto, ON
    Before Taxes:
  • 679.00 CAD/month
  • 313.38 CAD/bi-weekly
  • 156.69 CAD/week
  • 8,148.00 CAD/year
Incl. Ontario Taxes (13%):
  • 767.27 CAD/month
  • 354.12 CAD/bi-weekly
  • 177.06 CAD/week
  • 9,207.24 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: 9,000 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Atlas Highline Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 879
This Contract (CAD/month) 679
Monthly Difference 200 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 7,000 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 9,000
** "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: 43,565 CAD
  • Total Vehicle Debt: 54,392 CAD
  • Paid so Far: 8,827 CAD (16% Paid)
  • Remaining Lease Payments: 23,765 CAD
  • Residual Value: 21,800 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 8,827 CAD Total Vehicle Value: 54,392 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 23,765 CAD
Term Paid so Far: 8,827 CAD Residual Value: 21,800 CAD
0%
16%
43%
41%
Cost to Own
Already Paid: 8,827 CAD (16%)
Cash Incentive: 2,000 CAD Buyout Price Today: 43,565 CAD
16% Paid
3%
81%
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: 43,565 CAD

  • 4.9%Interest Rate x 48 months
  • 1,001 CAD/month + tax
  • Total Payable: 48,062 CAD
  • Total Interest: 4,497 CAD
  • 8.9%Interest Rate x 48 months
  • 1,082 CAD/month + tax
  • Total Payable: 51,938 CAD
  • Total Interest: 8,373 CAD
  • 14.9%Interest Rate x 48 months
  • 1,210 CAD/month + tax
  • Total Payable: 58,091 CAD
  • Total Interest: 14,526 CAD

At the end of the Lease Contract

Residual Value: 21,800 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 501 CAD/month + tax
  • Total Payable: 24,050 CAD
  • Total Interest: 2,250 CAD
  • 8.9%Interest Rate x 48 months
  • 541 CAD/month + tax
  • Total Payable: 25,990 CAD
  • Total Interest: 4,190 CAD
  • 14.9%Interest Rate x 48 months
  • 606 CAD/month + tax
  • Total Payable: 29,069 CAD
  • Total Interest: 7,269 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)
75.05
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
20.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
191.21
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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