Payment Analysis
636.20CAD/monthin Richmond Hill, ON
- 636.20 CAD/month
- 293.63 CAD/bi-weekly
- 146.82 CAD/week
- 7,634.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 718.91 CAD/month
- 331.80 CAD/bi-weekly
- 165.90 CAD/week
- 8,626.87 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:
11,580 CAD
compared to leasing a BRAND NEW:
- Volkswagen Atlas Highline
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 914 |
|---|---|
| This Contract (CAD/month) | 636 |
| Monthly Difference | 277 CAD/month |
| Remaining Term | x 40 months |
| Total Monthly Difference | = 11,080 CAD |
| + Cash Incentive** (CAD) | + 500 |
| Total Savings (CAD) | = 11,580 |
| ** "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:
53,939 CAD
- Total Vehicle Debt: 51,894 CAD
- Paid so Far: -2,545 CAD (-5% Paid)
- Remaining Lease Payments: 25,448 CAD
- Residual Value: 28,991 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -2,545 CAD Total Vehicle Value: 51,894 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,448 CAD
Term Paid so Far: -2,545 CAD Residual Value: 28,991 CAD
Cost to Own
Already Paid: -2,545 CAD (-5%)
Cash Incentive: 500 CAD Buyout Price Today: 53,939 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: 53,939 CAD
- 4.9%Interest Rate x 48 months
- 1,240 CAD/month + tax
- Total Payable: 59,507 CAD
- Total Interest: 5,568 CAD
- 8.9%Interest Rate x 48 months
- 1,340 CAD/month + tax
- Total Payable: 64,306 CAD
- Total Interest: 10,367 CAD
- 14.9%Interest Rate x 48 months
- 1,498 CAD/month + tax
- Total Payable: 71,925 CAD
- Total Interest: 17,986 CAD
At the end of the Lease Contract
Residual Value: 28,991 CAD (in 40 months)
- 4.9%Interest Rate x 48 months
- 666 CAD/month + tax
- Total Payable: 31,984 CAD
- Total Interest: 2,993 CAD
- 8.9%Interest Rate x 48 months
- 720 CAD/month + tax
- Total Payable: 34,563 CAD
- Total Interest: 5,572 CAD
- 14.9%Interest Rate x 48 months
- 805 CAD/month + tax
- Total Payable: 38,658 CAD
- Total Interest: 9,667 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)
90.11
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
20.51
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
159.72
- km/week
- without any
- additional costs
