Audi Lease Takeover in Toronto, ON: 2018 Audi S4 Progressiv Automatique AWD ID:#20706 • LeaseCosts Canada

Payment Analysis

721.24CAD/monthin Toronto, ON

Before Taxes:

721.24 CAD/month
332.88 CAD/bi-weekly
166.44 CAD/week
8,654.88 CAD/year

Incl. Ontario Taxes (13%):

815.00 CAD/month
376.15 CAD/bi-weekly
188.08 CAD/week
9,780.01 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: 38,680 ~ 39,980 CAD

compared to leasing a BRAND NEW:

Audi S4 Sedan S4 TFSI Progressiv tiptronic
for 12 months
in Ontario
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,598
This Contract (CAD/month)	721
Monthly Difference	877 CAD/month
Remaining Term	x 40 months
Total Monthly Difference	= 35,080 CAD
+ Cash Incentive** (CAD)	+ 2,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 38,680 ~ 39,980
	** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 56,079 CAD

Total Vehicle Debt: 63,849 CAD
Paid so Far: 5,770 CAD (9% Paid)
Remaining Lease Payments: 28,850 CAD
Residual Value: 29,229 CAD
Cash Incentive: 2,000 CAD

Vehicle Debt & Value

Paid so far: 5,770 CAD Total Vehicle Value: 63,849 CAD

9% Paid

91%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 28,850 CAD

Term Paid so Far: 5,770 CAD Residual Value: 29,229 CAD

45%

46%

Cost to Own

Already Paid: 5,770 CAD (9%)

Cash Incentive: 2,000 CAD Buyout Price Today: 56,079 CAD

9% Paid

88%

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: 56,079 CAD

4.9%Interest Rate x 48 months
1,289 CAD/month + tax
Total Payable: 61,868 CAD
Total Interest: 5,789 CAD

8.9%Interest Rate x 48 months
1,393 CAD/month + tax
Total Payable: 66,857 CAD
Total Interest: 10,779 CAD

14.9%Interest Rate x 48 months
1,558 CAD/month + tax
Total Payable: 74,778 CAD
Total Interest: 18,699 CAD

At the end of the Lease Contract

Residual Value: 29,229 CAD (in 40 months)

4.9%Interest Rate x 48 months
672 CAD/month + tax
Total Payable: 32,247 CAD
Total Interest: 3,017 CAD

8.9%Interest Rate x 48 months
726 CAD/month + tax
Total Payable: 34,847 CAD
Total Interest: 5,618 CAD

14.9%Interest Rate x 48 months
812 CAD/month + tax
Total Payable: 38,976 CAD
Total Interest: 9,746 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)