Payment Analysis
540.00CAD/monthin Edmonton, AB
- 540.00 CAD/month
- 249.23 CAD/bi-weekly
- 124.62 CAD/week
- 6,480.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 567.00 CAD/month
- 261.69 CAD/bi-weekly
- 130.85 CAD/week
- 6,804.00 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:
3,596 CAD
compared to leasing a BRAND NEW:
- Volkswagen Atlas Trendline 4MOTION
- for 36 months
- in Alberta
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 602 |
---|---|
This Contract (CAD/month) | 540 |
Monthly Difference | 62 CAD/month |
Remaining Term | x 33 months |
Total Monthly Difference | = 2,046 CAD |
+ Cash Incentive** (CAD) | + 1,550 |
Total Savings (CAD) | = 3,596 |
** "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:
36,570 CAD
- Total Vehicle Debt: 46,220 CAD
- Paid so Far: 8,100 CAD (17% Paid)
- Remaining Lease Payments: 17,820 CAD
- Residual Value: 20,300 CAD
- Cash Incentive: 1,550 CAD
Vehicle Debt & Value
Paid so far: 8,100 CAD Total Vehicle Value: 46,220 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,820 CAD
Term Paid so Far: 8,100 CAD Residual Value: 20,300 CAD
Cost to Own
Already Paid: 8,100 CAD (17%)
Cash Incentive: 1,550 CAD Buyout Price Today: 36,570 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: 36,570 CAD
- 4.9%Interest Rate x 48 months
- 841 CAD/month + tax
- Total Payable: 40,345 CAD
- Total Interest: 3,775 CAD
- 8.9%Interest Rate x 48 months
- 908 CAD/month + tax
- Total Payable: 43,599 CAD
- Total Interest: 7,029 CAD
- 14.9%Interest Rate x 48 months
- 1,016 CAD/month + tax
- Total Payable: 48,764 CAD
- Total Interest: 12,194 CAD
At the end of the Lease Contract
Residual Value: 20,300 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 467 CAD/month + tax
- Total Payable: 22,396 CAD
- Total Interest: 2,096 CAD
- 8.9%Interest Rate x 48 months
- 504 CAD/month + tax
- Total Payable: 24,202 CAD
- Total Interest: 3,902 CAD
- 14.9%Interest Rate x 48 months
- 564 CAD/month + tax
- Total Payable: 27,069 CAD
- Total Interest: 6,769 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)
27.12
- + tax
- + fuel
- + insurance
- 29.70CAD/100km (TODAY without the Cash Incentive)
- 32.40CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
16.21
- + tax
- + insurance
- + km driven & fuel
- 17.75CAD/day (Original Contract back in Jul, 2017)
Remaining Km
Can be driven up to:
419.58
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2017)
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