Payment Analysis

823.00CAD/monthin Toronto, ON
    Before Taxes:
  • 823.00 CAD/month
  • 379.85 CAD/bi-weekly
  • 189.92 CAD/week
  • 9,876.00 CAD/year
Incl. Ontario Taxes (13%):
  • 929.99 CAD/month
  • 429.23 CAD/bi-weekly
  • 214.61 CAD/week
  • 11,159.88 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: 26,560 ~ 27,460 CAD

compared to leasing a BRAND NEW:

  • Audi Q7 55 TFSI quattro Komfort tiptronic
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,628
This Contract (CAD/month) 823
Monthly Difference 805 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 25,760 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 26,560 ~ 27,460

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 63,280 CAD
  • Total Vehicle Debt: 68,827 CAD
  • Paid so Far: 5,547 CAD (8% Paid)
  • Remaining Lease Payments: 26,336 CAD
  • Residual Value: 36,944 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,547 CAD Total Vehicle Value: 68,827 CAD
8% Paid
92%
Vehicle Debt Breakdown
Downpayment: 2,255 CAD Remaining Term: 26,336 CAD
Term Paid so Far: 3,292 CAD Residual Value: 36,944 CAD
3%
5%
38%
54%
Cost to Own
Already Paid: 5,547 CAD (8%)
Cash Incentive: 0 CAD Buyout Price Today: 63,280 CAD
8% Paid
0%
92%
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: 63,280 CAD

  • 4.9%Interest Rate x 48 months
  • 1,454 CAD/month + tax
  • Total Payable: 69,812 CAD
  • Total Interest: 6,533 CAD
  • 8.9%Interest Rate x 48 months
  • 1,572 CAD/month + tax
  • Total Payable: 75,442 CAD
  • Total Interest: 12,163 CAD
  • 14.9%Interest Rate x 48 months
  • 1,758 CAD/month + tax
  • Total Payable: 84,380 CAD
  • Total Interest: 21,100 CAD

At the end of the Lease Contract

Residual Value: 36,944 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 849 CAD/month + tax
  • Total Payable: 40,757 CAD
  • Total Interest: 3,814 CAD
  • 8.9%Interest Rate x 48 months
  • 918 CAD/month + tax
  • Total Payable: 44,044 CAD
  • Total Interest: 7,101 CAD
  • 14.9%Interest Rate x 48 months
  • 1,026 CAD/month + tax
  • Total Payable: 49,262 CAD
  • Total Interest: 12,319 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)
73.16
  • + tax
  • + fuel
  • + insurance
(or 0.73CAD per km)
Time Analysis
Cost per day: (CAD)
27.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
259.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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