Volkswagen Lease Takeover in Edmonton, AB: 2022 Volkswagen Taos Highline Automatique AWD ID:#38422 • LeaseCosts Canada

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: -1,978 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 23 months
Total Monthly Difference	= -1,978 CAD
Total Savings (CAD)	= -1,978

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,389 CAD

Total Vehicle Debt: 52,776 CAD
Paid so Far: 21,387 CAD (40% Paid)
Remaining Lease Payments: 12,673 CAD
Residual Value: 18,716 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 21,387 CAD Total Vehicle Value: 52,776 CAD

40% Paid

60%

Vehicle Debt Breakdown

Downpayment: 1,000 CAD Remaining Term: 12,673 CAD

Term Paid so Far: 20,387 CAD Residual Value: 18,716 CAD

39%

24%

36%

Cost to Own

Already Paid: 21,387 CAD (40%)

Cash Incentive: 0 CAD Buyout Price Today: 31,389 CAD

40% Paid

60%

Additional Financing Details

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: 31,389 CAD

4.9%Interest Rate x 48 months
721 CAD/month + tax
Total Payable: 34,629 CAD
Total Interest: 3,240 CAD

8.9%Interest Rate x 48 months
780 CAD/month + tax
Total Payable: 37,422 CAD
Total Interest: 6,033 CAD

14.9%Interest Rate x 48 months
872 CAD/month + tax
Total Payable: 41,855 CAD
Total Interest: 10,466 CAD

At the end of the Lease Contract

Residual Value: 18,716 CAD (in 23 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)