Payment Analysis

695.00CAD/monthin Montreal, QC
    Before Taxes:
  • 695.00 CAD/month
  • 320.77 CAD/bi-weekly
  • 160.38 CAD/week
  • 8,340.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 799.11 CAD/month
  • 368.82 CAD/bi-weekly
  • 184.41 CAD/week
  • 9,589.33 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: 3,101 ~ 4,001 CAD

compared to leasing a BRAND NEW:

  • VW Atlas Execline w/ Wear & Tear Coverage + 4 year/80,000km Prepaid Maintenance ($1,189)
  • for 42 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 872
This Contract (CAD/month) 695
Monthly Difference 177 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 2,301 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,101 ~ 4,001

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,947 CAD
  • Total Vehicle Debt: 61,872 CAD
  • Paid so Far: 27,925 CAD (45% Paid)
  • Remaining Lease Payments: 9,035 CAD
  • Residual Value: 24,912 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,925 CAD Total Vehicle Value: 61,872 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 3,600 CAD Remaining Term: 9,035 CAD
Term Paid so Far: 24,325 CAD Residual Value: 24,912 CAD
5%
40%
14%
41%
Cost to Own
Already Paid: 27,925 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 33,947 CAD
45% Paid
0%
55%
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: 33,947 CAD

  • 4.9%Interest Rate x 48 months
  • 780 CAD/month + tax
  • Total Payable: 37,451 CAD
  • Total Interest: 3,504 CAD
  • 8.9%Interest Rate x 48 months
  • 843 CAD/month + tax
  • Total Payable: 40,472 CAD
  • Total Interest: 6,525 CAD
  • 14.9%Interest Rate x 48 months
  • 943 CAD/month + tax
  • Total Payable: 45,266 CAD
  • Total Interest: 11,319 CAD

At the end of the Lease Contract

Residual Value: 24,912 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 573 CAD/month + tax
  • Total Payable: 27,484 CAD
  • Total Interest: 2,572 CAD
  • 8.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,700 CAD
  • Total Interest: 4,788 CAD
  • 14.9%Interest Rate x 48 months
  • 692 CAD/month + tax
  • Total Payable: 33,219 CAD
  • Total Interest: 8,307 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)
12.36
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 41.70CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
22.85
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,297.63
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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