Payment Analysis

551.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 551.00 CAD/month
  • 254.31 CAD/bi-weekly
  • 127.15 CAD/week
  • 6,612.00 CAD/year
Incl. Alberta Taxes (5%):
  • 578.55 CAD/month
  • 267.02 CAD/bi-weekly
  • 133.51 CAD/week
  • 6,942.60 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: -946 CAD

compared to leasing a BRAND NEW:

  • VW Taos Highline 1.5 TSI 7-speed automatic DSG® with Tiptronic® 4MOTION®
  • for 60 months
  • in Alberta
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 465
This Contract (CAD/month) 551
Monthly Difference -86 CAD/month
Remaining Term x 11 months
Total Monthly Difference = -946 CAD
Total Savings (CAD) = -946

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,777 CAD
  • Total Vehicle Debt: 52,776 CAD
  • Paid so Far: 27,999 CAD (53% Paid)
  • Remaining Lease Payments: 6,061 CAD
  • Residual Value: 18,716 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,999 CAD Total Vehicle Value: 52,776 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 6,061 CAD
Term Paid so Far: 26,999 CAD Residual Value: 18,716 CAD
1%
52%
11%
36%
Cost to Own
Already Paid: 27,999 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 24,777 CAD
53% Paid
0%
47%
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: 24,777 CAD

  • 4.9%Interest Rate x 48 months
  • 569 CAD/month + tax
  • Total Payable: 27,334 CAD
  • Total Interest: 2,558 CAD
  • 8.9%Interest Rate x 48 months
  • 615 CAD/month + tax
  • Total Payable: 29,539 CAD
  • Total Interest: 4,762 CAD
  • 14.9%Interest Rate x 48 months
  • 688 CAD/month + tax
  • Total Payable: 33,038 CAD
  • Total Interest: 8,262 CAD

At the end of the Lease Contract

Residual Value: 18,716 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 430 CAD/month + tax
  • Total Payable: 20,648 CAD
  • Total Interest: 1,932 CAD
  • 8.9%Interest Rate x 48 months
  • 465 CAD/month + tax
  • Total Payable: 22,313 CAD
  • Total Interest: 3,597 CAD
  • 14.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,956 CAD
  • Total Interest: 6,241 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)
10.40
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 55.10CAD/100km (Original Contract back in Jan, 2022)
Time Analysis
Cost per day: (CAD)
18.12
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,223.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.18CAD
  • 230.77km/week (Contract Original back in Jan, 2022)

Seller Contact Info

This Contract was Already Transferred.

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