Payment Analysis

646.00CAD/monthin Halifax, NS
    Before Taxes:
  • 646.00 CAD/month
  • 298.15 CAD/bi-weekly
  • 149.08 CAD/week
  • 7,752.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 742.90 CAD/month
  • 342.88 CAD/bi-weekly
  • 171.44 CAD/week
  • 8,914.80 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: 1,160 ~ 2,060 CAD

compared to leasing a BRAND NEW:

  • Audi A4 Sedan 45 quattro Progressiv
  • for 36 months
  • in NX
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 766
This Contract (CAD/month) 646
Monthly Difference 120 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 360 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,160 ~ 2,060

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,514 CAD
  • Total Vehicle Debt: 55,584 CAD
  • Paid so Far: 29,070 CAD (52% Paid)
  • Remaining Lease Payments: 1,938 CAD
  • Residual Value: 24,576 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,070 CAD Total Vehicle Value: 55,584 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,938 CAD
Term Paid so Far: 29,070 CAD Residual Value: 24,576 CAD
0%
52%
3%
45%
Cost to Own
Already Paid: 29,070 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 26,514 CAD
52% Paid
0%
48%
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: 26,514 CAD

  • 4.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,251 CAD
  • Total Interest: 2,737 CAD
  • 8.9%Interest Rate x 48 months
  • 659 CAD/month + tax
  • Total Payable: 31,610 CAD
  • Total Interest: 5,096 CAD
  • 14.9%Interest Rate x 48 months
  • 737 CAD/month + tax
  • Total Payable: 35,355 CAD
  • Total Interest: 8,841 CAD

At the end of the Lease Contract

Residual Value: 24,576 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 565 CAD/month + tax
  • Total Payable: 27,113 CAD
  • Total Interest: 2,537 CAD
  • 8.9%Interest Rate x 48 months
  • 610 CAD/month + tax
  • Total Payable: 29,300 CAD
  • Total Interest: 4,724 CAD
  • 14.9%Interest Rate x 48 months
  • 683 CAD/month + tax
  • Total Payable: 32,771 CAD
  • Total Interest: 8,195 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)
4.91
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 64.60CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
21.24
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,038.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 230.77km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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