Payment Analysis

480.57CAD/monthin Toronto, ON
    Before Taxes:
  • 480.57 CAD/month
  • 221.80 CAD/bi-weekly
  • 110.90 CAD/week
  • 5,766.84 CAD/year
Incl. Ontario Taxes (13%):
  • 543.04 CAD/month
  • 250.64 CAD/bi-weekly
  • 125.32 CAD/week
  • 6,516.53 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: 2,996 ~ 3,396 CAD

compared to leasing a BRAND NEW:

  • Audi A4 Sedan 45 TFSI quattro Progressiv S tronic
  • for 39 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 724
This Contract (CAD/month) 481
Monthly Difference 244 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 2,196 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,996 ~ 3,396

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,617 CAD
  • Total Vehicle Debt: 49,959 CAD
  • Paid so Far: 22,342 CAD (44% Paid)
  • Remaining Lease Payments: 4,325 CAD
  • Residual Value: 23,292 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,342 CAD Total Vehicle Value: 49,959 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 3,600 CAD Remaining Term: 4,325 CAD
Term Paid so Far: 18,742 CAD Residual Value: 23,292 CAD
7%
37%
8%
48%
Cost to Own
Already Paid: 22,342 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 27,617 CAD
44% Paid
0%
56%
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: 27,617 CAD

  • 4.9%Interest Rate x 48 months
  • 635 CAD/month + tax
  • Total Payable: 30,468 CAD
  • Total Interest: 2,851 CAD
  • 8.9%Interest Rate x 48 months
  • 686 CAD/month + tax
  • Total Payable: 32,925 CAD
  • Total Interest: 5,308 CAD
  • 14.9%Interest Rate x 48 months
  • 767 CAD/month + tax
  • Total Payable: 36,826 CAD
  • Total Interest: 9,209 CAD

At the end of the Lease Contract

Residual Value: 23,292 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 535 CAD/month + tax
  • Total Payable: 25,697 CAD
  • Total Interest: 2,405 CAD
  • 8.9%Interest Rate x 48 months
  • 579 CAD/month + tax
  • Total Payable: 27,769 CAD
  • Total Interest: 4,477 CAD
  • 14.9%Interest Rate x 48 months
  • 647 CAD/month + tax
  • Total Payable: 31,059 CAD
  • Total Interest: 7,767 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)
6.11
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 27.46CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
15.80
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,815.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 403.85km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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