Payment Analysis

528.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 528.00 CAD/month
  • 243.69 CAD/bi-weekly
  • 121.85 CAD/week
  • 6,336.00 CAD/year
Incl. Ontario Taxes (13%):
  • 596.64 CAD/month
  • 275.37 CAD/bi-weekly
  • 137.69 CAD/week
  • 7,159.68 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: 4,640 ~ 5,040 CAD

compared to leasing a BRAND NEW:

  • Audi A5 progressive Automatic AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,008
This Contract (CAD/month) 528
Monthly Difference 480 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 3,840 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,640 ~ 5,040

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 34,224 CAD
  • Total Vehicle Debt: 57,592 CAD
  • Paid so Far: 23,368 CAD (40% Paid)
  • Remaining Lease Payments: 4,224 CAD
  • Residual Value: 30,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,368 CAD Total Vehicle Value: 57,592 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 4,224 CAD
Term Paid so Far: 16,368 CAD Residual Value: 30,000 CAD
11%
29%
7%
53%
Cost to Own
Already Paid: 23,368 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 34,224 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: 34,224 CAD

  • 4.9%Interest Rate x 48 months
  • 787 CAD/month + tax
  • Total Payable: 37,757 CAD
  • Total Interest: 3,533 CAD
  • 8.9%Interest Rate x 48 months
  • 850 CAD/month + tax
  • Total Payable: 40,802 CAD
  • Total Interest: 6,578 CAD
  • 14.9%Interest Rate x 48 months
  • 951 CAD/month + tax
  • Total Payable: 45,636 CAD
  • Total Interest: 11,412 CAD

At the end of the Lease Contract

Residual Value: 30,000 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 690 CAD/month + tax
  • Total Payable: 33,097 CAD
  • Total Interest: 3,097 CAD
  • 8.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,766 CAD
  • Total Interest: 5,766 CAD
  • 14.9%Interest Rate x 48 months
  • 833 CAD/month + tax
  • Total Payable: 40,003 CAD
  • Total Interest: 10,003 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)
9.18
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 39.60CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
17.36
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,326.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.06CAD
  • 307.69km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 664 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 612 CAD/month + tax
  • Original Downpayment: 5,753 CAD
  • Months to End: 39 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,776 km total
  • Available Now: 23,454 km/year (1,954 per month)
  • Excess Km Cost: 0.15 CAD/km
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