Payment Analysis

790.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 790.00 CAD/month
  • 364.62 CAD/bi-weekly
  • 182.31 CAD/week
  • 9,480.00 CAD/year
Incl. Ontario Taxes (13%):
  • 892.70 CAD/month
  • 412.02 CAD/bi-weekly
  • 206.01 CAD/week
  • 10,712.40 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: 4,008 ~ 5,308 CAD

compared to leasing a BRAND NEW:

  • Audi A5 Technik Automatic AWD S-line
  • for 36 months
  • in ON
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 926
This Contract (CAD/month) 790
Monthly Difference 136 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 408 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,008 ~ 5,308
** "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: 28,063 CAD
  • Total Vehicle Debt: 65,613 CAD
  • Paid so Far: 35,550 CAD (54% Paid)
  • Remaining Lease Payments: 2,370 CAD
  • Residual Value: 27,693 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 35,550 CAD Total Vehicle Value: 65,613 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,370 CAD
Term Paid so Far: 35,550 CAD Residual Value: 27,693 CAD
0%
54%
3%
43%
Cost to Own
Already Paid: 35,550 CAD (54%)
Cash Incentive: 2,000 CAD Buyout Price Today: 28,063 CAD
54% Paid
3%
43%
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: 28,063 CAD

  • 4.9%Interest Rate x 48 months
  • 645 CAD/month + tax
  • Total Payable: 30,960 CAD
  • Total Interest: 2,897 CAD
  • 8.9%Interest Rate x 48 months
  • 697 CAD/month + tax
  • Total Payable: 33,457 CAD
  • Total Interest: 5,394 CAD
  • 14.9%Interest Rate x 48 months
  • 780 CAD/month + tax
  • Total Payable: 37,420 CAD
  • Total Interest: 9,357 CAD

At the end of the Lease Contract

Residual Value: 27,693 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 636 CAD/month + tax
  • Total Payable: 30,552 CAD
  • Total Interest: 2,859 CAD
  • 8.9%Interest Rate x 48 months
  • 688 CAD/month + tax
  • Total Payable: 33,016 CAD
  • Total Interest: 5,323 CAD
  • 14.9%Interest Rate x 48 months
  • 769 CAD/month + tax
  • Total Payable: 36,927 CAD
  • Total Interest: 9,234 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)
0.60
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 3.82CAD/100km (TODAY without the Cash Incentive)
  • 47.40CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
4.05
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 25.97CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
4,769.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 384.62km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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