Payment Analysis

518.89CAD/monthin Mississauga, ON
    Before Taxes:
  • 518.89 CAD/month
  • 239.49 CAD/bi-weekly
  • 119.74 CAD/week
  • 6,226.68 CAD/year
Incl. Ontario Taxes (13%):
  • 586.35 CAD/month
  • 270.62 CAD/bi-weekly
  • 135.31 CAD/week
  • 7,036.15 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: 6,958 ~ 8,258 CAD

compared to leasing a BRAND NEW:

  • Audi Q3 Komfort 40 TFSI quattro Tiptronic
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 800
This Contract (CAD/month) 519
Monthly Difference 282 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 5,358 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,958 ~ 8,258

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,426 CAD
  • Total Vehicle Debt: 47,942 CAD
  • Paid so Far: 15,517 CAD (32% Paid)
  • Remaining Lease Payments: 9,859 CAD
  • Residual Value: 22,567 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,517 CAD Total Vehicle Value: 47,942 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 469 CAD Remaining Term: 9,859 CAD
Term Paid so Far: 15,048 CAD Residual Value: 22,567 CAD
0%
32%
20%
48%
Cost to Own
Already Paid: 15,517 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 32,426 CAD
32% Paid
0%
68%
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: 32,426 CAD

  • 4.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,773 CAD
  • Total Interest: 3,347 CAD
  • 8.9%Interest Rate x 48 months
  • 805 CAD/month + tax
  • Total Payable: 38,658 CAD
  • Total Interest: 6,232 CAD
  • 14.9%Interest Rate x 48 months
  • 901 CAD/month + tax
  • Total Payable: 43,238 CAD
  • Total Interest: 10,812 CAD

At the end of the Lease Contract

Residual Value: 22,567 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 519 CAD/month + tax
  • Total Payable: 24,896 CAD
  • Total Interest: 2,330 CAD
  • 8.9%Interest Rate x 48 months
  • 560 CAD/month + tax
  • Total Payable: 26,904 CAD
  • Total Interest: 4,337 CAD
  • 14.9%Interest Rate x 48 months
  • 627 CAD/month + tax
  • Total Payable: 30,091 CAD
  • Total Interest: 7,525 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)
12.43
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 31.13CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
17.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
963.16
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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