Payment Analysis

682.00CAD/monthin Burnaby, BC
    Before Taxes:
  • 682.00 CAD/month
  • 314.77 CAD/bi-weekly
  • 157.38 CAD/week
  • 8,184.00 CAD/year
Incl. B.C. Taxes (12%):
  • 763.84 CAD/month
  • 352.54 CAD/bi-weekly
  • 176.27 CAD/week
  • 9,166.08 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: 5,000 CAD

compared to leasing a BRAND NEW:

  • Volkswagen Atlas Highline Automatic AWD
  • for 42 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 699
This Contract (CAD/month) 682
Monthly Difference 17 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
+ Cash Incentive** (CAD) + 5,000
Total Savings (CAD) = 5,000
** "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: 14,865 CAD
  • Total Vehicle Debt: 62,055 CAD
  • Paid so Far: 42,190 CAD (67% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 19,865 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 42,190 CAD Total Vehicle Value: 62,055 CAD
67% Paid
33%
Vehicle Debt Breakdown
Downpayment: 1,270 CAD Remaining Term: 0 CAD
Term Paid so Far: 40,920 CAD Residual Value: 19,865 CAD
2%
65%
0%
33%
Cost to Own
Already Paid: 42,190 CAD (67%)
Cash Incentive: 5,000 CAD Buyout Price Today: 14,865 CAD
67% Paid
8%
25%
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: 14,865 CAD

  • 4.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,399 CAD
  • Total Interest: 1,535 CAD
  • 8.9%Interest Rate x 48 months
  • 369 CAD/month + tax
  • Total Payable: 17,722 CAD
  • Total Interest: 2,857 CAD
  • 14.9%Interest Rate x 48 months
  • 413 CAD/month + tax
  • Total Payable: 19,821 CAD
  • Total Interest: 4,957 CAD

At the end of the Lease Contract

Residual Value: 19,865 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 457 CAD/month + tax
  • Total Payable: 21,915 CAD
  • Total Interest: 2,051 CAD
  • 8.9%Interest Rate x 48 months
  • 493 CAD/month + tax
  • Total Payable: 23,683 CAD
  • Total Interest: 3,818 CAD
  • 14.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,488 CAD
  • Total Interest: 6,624 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)
-5.65
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 0.89CAD/100km (TODAY without the Cash Incentive)
  • 51.15CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
-141.96
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 22.42CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
17,647.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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