Payment Analysis

1,129.65CAD/monthin Toronto, ON
    Before Taxes:
  • 1,129.65 CAD/month
  • 521.38 CAD/bi-weekly
  • 260.69 CAD/week
  • 13,555.80 CAD/year
Incl. Ontario Taxes (13%):
  • 1,276.50 CAD/month
  • 589.16 CAD/bi-weekly
  • 294.58 CAD/week
  • 15,318.05 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: 6,830 ~ 8,130 CAD

compared to leasing a BRAND NEW:

  • Audi Q7 55 TFSI quattro Progressiv tiptronic
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,359
This Contract (CAD/month) 1,130
Monthly Difference 230 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 230 CAD
+ Cash Incentive** (CAD) + 5,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,830 ~ 8,130
** "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: 32,474 CAD
  • Total Vehicle Debt: 90,567 CAD
  • Paid so Far: 53,094 CAD (58% Paid)
  • Remaining Lease Payments: 1,130 CAD
  • Residual Value: 36,344 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 53,094 CAD Total Vehicle Value: 90,567 CAD
58% Paid
42%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,130 CAD
Term Paid so Far: 53,094 CAD Residual Value: 36,344 CAD
0%
58%
1%
41%
Cost to Own
Already Paid: 53,094 CAD (58%)
Cash Incentive: 5,000 CAD Buyout Price Today: 32,474 CAD
58% Paid
5%
37%
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: 32,474 CAD

  • 4.9%Interest Rate x 48 months
  • 746 CAD/month + tax
  • Total Payable: 35,826 CAD
  • Total Interest: 3,352 CAD
  • 8.9%Interest Rate x 48 months
  • 807 CAD/month + tax
  • Total Payable: 38,715 CAD
  • Total Interest: 6,242 CAD
  • 14.9%Interest Rate x 48 months
  • 902 CAD/month + tax
  • Total Payable: 43,302 CAD
  • Total Interest: 10,828 CAD

At the end of the Lease Contract

Residual Value: 36,344 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 835 CAD/month + tax
  • Total Payable: 40,096 CAD
  • Total Interest: 3,752 CAD
  • 8.9%Interest Rate x 48 months
  • 903 CAD/month + tax
  • Total Payable: 43,329 CAD
  • Total Interest: 6,985 CAD
  • 14.9%Interest Rate x 48 months
  • 1,010 CAD/month + tax
  • Total Payable: 48,463 CAD
  • Total Interest: 12,119 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)
-4.07
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 1.19CAD/100km (TODAY without the Cash Incentive)
  • 54.22CAD/100km (Original Contract back in Mar, 2020)
Time Analysis
Cost per day: (CAD)
-127.24
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 37.14CAD/day (Original Contract back in Mar, 2020)
Remaining Km
Can be driven up to:
21,923.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 480.77km/week (Contract Original back in Mar, 2020)

Seller Contact Info

This Contract was Already Transferred.

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