Payment Analysis

600.00CAD/monthin Toronto, ON
    Before Taxes:
  • 600.00 CAD/month
  • 276.92 CAD/bi-weekly
  • 138.46 CAD/week
  • 7,200.00 CAD/year
Incl. Ontario Taxes (13%):
  • 678.00 CAD/month
  • 312.92 CAD/bi-weekly
  • 156.46 CAD/week
  • 8,136.00 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: 2,470 ~ 3,370 CAD

compared to leasing a BRAND NEW:

  • Audi A4 Technik TFSI quattro Automatic AWD w/ Comfort Seating Package + Advanced Driver Assistance
  • for 42 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 855
This Contract (CAD/month) 600
Monthly Difference 255 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 1,020 CAD
+ Cash Incentive** (CAD) + 650
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,470 ~ 3,370
** "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: 28,333 CAD
  • Total Vehicle Debt: 63,011 CAD
  • Paid so Far: 34,028 CAD (54% Paid)
  • Remaining Lease Payments: 2,400 CAD
  • Residual Value: 26,583 CAD
  • Cash Incentive: 650 CAD
Vehicle Debt & Value
Paid so far: 34,028 CAD Total Vehicle Value: 63,011 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 7,628 CAD Remaining Term: 2,400 CAD
Term Paid so Far: 26,400 CAD Residual Value: 26,583 CAD
12%
42%
3%
43%
Cost to Own
Already Paid: 34,028 CAD (54%)
Cash Incentive: 650 CAD Buyout Price Today: 28,333 CAD
54% Paid
1%
45%
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: 28,333 CAD

  • 4.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,258 CAD
  • Total Interest: 2,925 CAD
  • 8.9%Interest Rate x 48 months
  • 704 CAD/month + tax
  • Total Payable: 33,779 CAD
  • Total Interest: 5,446 CAD
  • 14.9%Interest Rate x 48 months
  • 787 CAD/month + tax
  • Total Payable: 37,780 CAD
  • Total Interest: 9,447 CAD

At the end of the Lease Contract

Residual Value: 26,583 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,327 CAD
  • Total Interest: 2,744 CAD
  • 8.9%Interest Rate x 48 months
  • 660 CAD/month + tax
  • Total Payable: 31,692 CAD
  • Total Interest: 5,109 CAD
  • 14.9%Interest Rate x 48 months
  • 738 CAD/month + tax
  • Total Payable: 35,447 CAD
  • Total Interest: 8,864 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)
3.89
  • + tax
  • + fuel
  • + insurance
(inlcuding the 650CAD incentive)
  • 5.33CAD/100km (TODAY without the Cash Incentive)
  • 60.00CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
14.38
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 650CAD incentive)
  • 19.73CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
2,596.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 230.77km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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