Payment Analysis

604.00CAD/monthin Wolfville, NS
    Before Taxes:
  • 604.00 CAD/month
  • 278.77 CAD/bi-weekly
  • 139.38 CAD/week
  • 7,248.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 694.60 CAD/month
  • 320.58 CAD/bi-weekly
  • 160.29 CAD/week
  • 8,335.20 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: 3,572 ~ 4,872 CAD

compared to leasing a BRAND NEW:

  • Audi A3 2.0T Komfort Quattro 4DR Automatic AWD
  • for 24 months
  • in NS
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 720
This Contract (CAD/month) 604
Monthly Difference 116 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 1,972 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,572 ~ 4,872

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,472 CAD
  • Total Vehicle Debt: 46,196 CAD
  • Paid so Far: 18,724 CAD (40% Paid)
  • Remaining Lease Payments: 10,268 CAD
  • Residual Value: 17,204 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,724 CAD Total Vehicle Value: 46,196 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,268 CAD
Term Paid so Far: 18,724 CAD Residual Value: 17,204 CAD
0%
40%
22%
38%
Cost to Own
Already Paid: 18,724 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 27,472 CAD
40% Paid
0%
60%
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: 27,472 CAD

  • 4.9%Interest Rate x 48 months
  • 631 CAD/month + tax
  • Total Payable: 30,308 CAD
  • Total Interest: 2,836 CAD
  • 8.9%Interest Rate x 48 months
  • 682 CAD/month + tax
  • Total Payable: 32,752 CAD
  • Total Interest: 5,280 CAD
  • 14.9%Interest Rate x 48 months
  • 763 CAD/month + tax
  • Total Payable: 36,632 CAD
  • Total Interest: 9,160 CAD

At the end of the Lease Contract

Residual Value: 17,204 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,980 CAD
  • Total Interest: 1,776 CAD
  • 8.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,511 CAD
  • Total Interest: 3,307 CAD
  • 14.9%Interest Rate x 48 months
  • 478 CAD/month + tax
  • Total Payable: 22,941 CAD
  • Total Interest: 5,737 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)
18.34
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 28.99CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
19.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
760.18
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 480.77km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

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