Payment Analysis

442.48CAD/monthin Toronto, ON
    Before Taxes:
  • 442.48 CAD/month
  • 204.22 CAD/bi-weekly
  • 102.11 CAD/week
  • 5,309.76 CAD/year
Incl. Ontario Taxes (13%):
  • 500.00 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.39 CAD/week
  • 6,000.03 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: 13,183 ~ 14,083 CAD

compared to leasing a BRAND NEW:

  • Audi A3 Sedan 40 TFSI Komfort S tronic
  • for 12 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 869
This Contract (CAD/month) 442
Monthly Difference 427 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 12,383 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 13,183 ~ 14,083

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,870 CAD
  • Total Vehicle Debt: 39,277 CAD
  • Paid so Far: 8,407 CAD (21% Paid)
  • Remaining Lease Payments: 12,832 CAD
  • Residual Value: 18,038 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,407 CAD Total Vehicle Value: 39,277 CAD
21% Paid
79%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,832 CAD
Term Paid so Far: 8,407 CAD Residual Value: 18,038 CAD
0%
21%
32%
47%
Cost to Own
Already Paid: 8,407 CAD (21%)
Cash Incentive: 0 CAD Buyout Price Today: 30,870 CAD
21% Paid
0%
79%
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: 30,870 CAD

  • 4.9%Interest Rate x 48 months
  • 710 CAD/month + tax
  • Total Payable: 34,057 CAD
  • Total Interest: 3,187 CAD
  • 8.9%Interest Rate x 48 months
  • 767 CAD/month + tax
  • Total Payable: 36,803 CAD
  • Total Interest: 5,933 CAD
  • 14.9%Interest Rate x 48 months
  • 858 CAD/month + tax
  • Total Payable: 41,163 CAD
  • Total Interest: 10,293 CAD

At the end of the Lease Contract

Residual Value: 18,038 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 415 CAD/month + tax
  • Total Payable: 19,900 CAD
  • Total Interest: 1,862 CAD
  • 8.9%Interest Rate x 48 months
  • 448 CAD/month + tax
  • Total Payable: 21,505 CAD
  • Total Interest: 3,467 CAD
  • 14.9%Interest Rate x 48 months
  • 501 CAD/month + tax
  • Total Payable: 24,053 CAD
  • Total Interest: 6,015 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)
62.29
  • + tax
  • + fuel
  • + insurance
(or 0.62CAD per km)
Time Analysis
Cost per day: (CAD)
14.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
163.93
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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