Payment Analysis
537.84CAD/monthin Chatham-Kent, ON
- 537.84 CAD/month
- 248.23 CAD/bi-weekly
- 124.12 CAD/week
- 6,454.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 607.76 CAD/month
- 280.50 CAD/bi-weekly
- 140.25 CAD/week
- 7,293.11 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:
2,080 ~ 2,980 CAD
compared to leasing a BRAND NEW:
- Volkswagen Atlas Cross Sport comfortline v6 Automatic AWD
- for 42 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 615 |
|---|---|
| This Contract (CAD/month) | 538 |
| Monthly Difference | 78 CAD/month |
| Remaining Term | x 10 months |
| Total Monthly Difference | = 780 CAD |
| + Cash Incentive** (CAD) | + 500 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,080 ~ 2,980 |
| ** "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:
28,640 CAD
- Total Vehicle Debt: 49,578 CAD
- Paid so Far: 20,438 CAD (41% Paid)
- Remaining Lease Payments: 5,378 CAD
- Residual Value: 23,761 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 20,438 CAD Total Vehicle Value: 49,578 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,378 CAD
Term Paid so Far: 20,438 CAD Residual Value: 23,761 CAD
Cost to Own
Already Paid: 20,438 CAD (41%)
Cash Incentive: 500 CAD Buyout Price Today: 28,640 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: 28,640 CAD
- 4.9%Interest Rate x 48 months
- 658 CAD/month + tax
- Total Payable: 31,596 CAD
- Total Interest: 2,957 CAD
- 8.9%Interest Rate x 48 months
- 711 CAD/month + tax
- Total Payable: 34,144 CAD
- Total Interest: 5,505 CAD
- 14.9%Interest Rate x 48 months
- 796 CAD/month + tax
- Total Payable: 38,190 CAD
- Total Interest: 9,550 CAD
At the end of the Lease Contract
Residual Value: 23,761 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 546 CAD/month + tax
- Total Payable: 26,214 CAD
- Total Interest: 2,453 CAD
- 8.9%Interest Rate x 48 months
- 590 CAD/month + tax
- Total Payable: 28,328 CAD
- Total Interest: 4,567 CAD
- 14.9%Interest Rate x 48 months
- 660 CAD/month + tax
- Total Payable: 31,684 CAD
- Total Interest: 7,923 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)
6.34
- + tax
- + fuel
- + insurance
- 6.99CAD/100km (TODAY without the Cash Incentive)
- 32.27CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
16.04
- + tax
- + insurance
- + km driven & fuel
- 17.68CAD/day (Original Contract back in Mar, 2021)
Remaining Km
Can be driven up to:
1,776.35
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2021)
Seller Contact Info
This Contract was Already Transferred.
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