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: 6,412 ~ 6,812 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 23 months
Total Monthly Difference = 5,612 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,412 ~ 6,812

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 34,345 CAD
  • Total Vehicle Debt: 49,959 CAD
  • Paid so Far: 15,614 CAD (31% Paid)
  • Remaining Lease Payments: 11,053 CAD
  • Residual Value: 23,292 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,614 CAD Total Vehicle Value: 49,959 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 3,600 CAD Remaining Term: 11,053 CAD
Term Paid so Far: 12,014 CAD Residual Value: 23,292 CAD
7%
24%
22%
47%
Cost to Own
Already Paid: 15,614 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 34,345 CAD
31% Paid
0%
69%
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: 34,345 CAD

  • 4.9%Interest Rate x 48 months
  • 789 CAD/month + tax
  • Total Payable: 37,891 CAD
  • Total Interest: 3,546 CAD
  • 8.9%Interest Rate x 48 months
  • 853 CAD/month + tax
  • Total Payable: 40,946 CAD
  • Total Interest: 6,601 CAD
  • 14.9%Interest Rate x 48 months
  • 954 CAD/month + tax
  • Total Payable: 45,797 CAD
  • Total Interest: 11,452 CAD

At the end of the Lease Contract

Residual Value: 23,292 CAD (in 23 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)
15.61
  • + tax
  • + fuel
  • + insurance
(or 0.16CAD per km)
  • 27.46CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
15.80
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
710.37
  • 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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