Payment Analysis
702.24CAD/monthin Vancouver, BC
- 702.24 CAD/month
- 324.11 CAD/bi-weekly
- 162.06 CAD/week
- 8,426.88 CAD/year
Before Taxes:
Incl. B.C. Taxes (12%):
- 786.51 CAD/month
- 363.00 CAD/bi-weekly
- 181.50 CAD/week
- 9,438.11 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:
5,992 CAD
compared to leasing a BRAND NEW:
- Volkswagen Atlas Execline
- for 33 months
- in British Columbia
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 791 |
---|---|
This Contract (CAD/month) | 702 |
Monthly Difference | 89 CAD/month |
Remaining Term | x 28 months |
Total Monthly Difference | = 2,492 CAD |
+ Cash Incentive** (CAD) | + 3,500 |
Total Savings (CAD) | = 5,992 |
** "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:
42,433 CAD
- Total Vehicle Debt: 59,978 CAD
- Paid so Far: 14,045 CAD (23% Paid)
- Remaining Lease Payments: 19,663 CAD
- Residual Value: 26,270 CAD
- Cash Incentive: 3,500 CAD
Vehicle Debt & Value
Paid so far: 14,045 CAD Total Vehicle Value: 59,978 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,663 CAD
Term Paid so Far: 14,045 CAD Residual Value: 26,270 CAD
Cost to Own
Already Paid: 14,045 CAD (23%)
Cash Incentive: 3,500 CAD Buyout Price Today: 42,433 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: 42,433 CAD
- 4.9%Interest Rate x 48 months
- 975 CAD/month + tax
- Total Payable: 46,813 CAD
- Total Interest: 4,380 CAD
- 8.9%Interest Rate x 48 months
- 1,054 CAD/month + tax
- Total Payable: 50,588 CAD
- Total Interest: 8,156 CAD
- 14.9%Interest Rate x 48 months
- 1,179 CAD/month + tax
- Total Payable: 56,582 CAD
- Total Interest: 14,149 CAD
At the end of the Lease Contract
Residual Value: 26,270 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 604 CAD/month + tax
- Total Payable: 28,982 CAD
- Total Interest: 2,712 CAD
- 8.9%Interest Rate x 48 months
- 652 CAD/month + tax
- Total Payable: 31,319 CAD
- Total Interest: 5,049 CAD
- 14.9%Interest Rate x 48 months
- 730 CAD/month + tax
- Total Payable: 35,030 CAD
- Total Interest: 8,760 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)
36.73
- + tax
- + fuel
- + insurance
- 44.69CAD/100km (TODAY without the Cash Incentive)
- 52.67CAD/100km (Original Contract back in Nov, 2017)
Time Analysis
Cost per day: (CAD)
18.98
- + tax
- + insurance
- + km driven & fuel
- 23.09CAD/day (Original Contract back in Nov, 2017)
Remaining Km
Can be driven up to:
362.64
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Nov, 2017)
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