Payment Analysis

1,200.00CAD/monthin Montreal, QC
    Before Taxes:
  • 1,200.00 CAD/month
  • 553.85 CAD/bi-weekly
  • 276.92 CAD/week
  • 14,400.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,379.76 CAD/month
  • 636.81 CAD/bi-weekly
  • 318.41 CAD/week
  • 16,557.12 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: 14,721 ~ 16,021 CAD

compared to leasing a BRAND NEW:

  • 2023 Highline Atlas Cross Sport 3.6 FSI 276 HP 8-speed automatic transmission with Tiptronic® 4MOTION® $53,895.00† base MSRP
  • for 12 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,801
This Contract (CAD/month) 1,200
Monthly Difference 601 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 12,621 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,721 ~ 16,021
** "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: 87,700 CAD
  • Total Vehicle Debt: 120,600 CAD
  • Paid so Far: 32,400 CAD (26% Paid)
  • Remaining Lease Payments: 25,200 CAD
  • Residual Value: 63,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 32,400 CAD Total Vehicle Value: 120,600 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,200 CAD
Term Paid so Far: 32,400 CAD Residual Value: 63,000 CAD
0%
26%
21%
53%
Cost to Own
Already Paid: 32,400 CAD (26%)
Cash Incentive: 500 CAD Buyout Price Today: 87,700 CAD
26% Paid
0%
74%
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: 87,700 CAD

  • 4.9%Interest Rate x 48 months
  • 2,016 CAD/month + tax
  • Total Payable: 96,754 CAD
  • Total Interest: 9,054 CAD
  • 8.9%Interest Rate x 48 months
  • 2,178 CAD/month + tax
  • Total Payable: 104,556 CAD
  • Total Interest: 16,856 CAD
  • 14.9%Interest Rate x 48 months
  • 2,436 CAD/month + tax
  • Total Payable: 116,943 CAD
  • Total Interest: 29,243 CAD

At the end of the Lease Contract

Residual Value: 63,000 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 1,448 CAD/month + tax
  • Total Payable: 69,504 CAD
  • Total Interest: 6,504 CAD
  • 8.9%Interest Rate x 48 months
  • 1,565 CAD/month + tax
  • Total Payable: 75,109 CAD
  • Total Interest: 12,109 CAD
  • 14.9%Interest Rate x 48 months
  • 1,750 CAD/month + tax
  • Total Payable: 84,007 CAD
  • Total Interest: 21,007 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)
50.41
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 51.43CAD/100km (TODAY without the Cash Incentive)
  • 80.00CAD/100km (Original Contract back in Aug, 2023)
Time Analysis
Cost per day: (CAD)
38.67
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 39.45CAD/day (Original Contract back in Aug, 2023)
Remaining Km
Can be driven up to:
538.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 346.15km/week (Contract Original back in Aug, 2023)

Seller Contact Info

  • Name: Mikael Bouchereau
  • Location: Montreal, QC
  • Date Contract Started:
  • Date Contract Ends:

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Warranty Complete Term
Wear & Tear Coverage
Winter Tires Included

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