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: 4,702 ~ 6,002 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 11 months
Total Monthly Difference = 3,102 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,702 ~ 6,002

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,274 CAD
  • Total Vehicle Debt: 47,942 CAD
  • Paid so Far: 19,668 CAD (41% Paid)
  • Remaining Lease Payments: 5,708 CAD
  • Residual Value: 22,567 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,668 CAD Total Vehicle Value: 47,942 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 469 CAD Remaining Term: 5,708 CAD
Term Paid so Far: 19,199 CAD Residual Value: 22,567 CAD
0%
41%
11%
48%
Cost to Own
Already Paid: 19,668 CAD (41%)
Cash Incentive: 0 CAD Buyout Price Today: 28,274 CAD
41% Paid
0%
59%
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: 28,274 CAD

  • 4.9%Interest Rate x 48 months
  • 650 CAD/month + tax
  • Total Payable: 31,193 CAD
  • Total Interest: 2,919 CAD
  • 8.9%Interest Rate x 48 months
  • 702 CAD/month + tax
  • Total Payable: 33,709 CAD
  • Total Interest: 5,434 CAD
  • 14.9%Interest Rate x 48 months
  • 785 CAD/month + tax
  • Total Payable: 37,702 CAD
  • Total Interest: 9,428 CAD

At the end of the Lease Contract

Residual Value: 22,567 CAD (in 11 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)
7.20
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 31.13CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
17.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,663.64
  • 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.

Similar Listings in Toronto

+ 3,000 cash
CAD/month x 6 months
2022 BMW Alpina XB7 (ID: #54460)
3,083
Toronto, ON
2022 BMW

Alpina XB7 Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 3,083 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 2,583 CAD/month + tax
  • Original Downpayment: 3,416 CAD
  • Months to End: 6 months (Apr, 2025)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 19,300 km total
  • Available Now: 31,400 km/year (2,617 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 1,500 cash
CAD/month x 32 months
2023 Jeep Willy xe (ID: #64354)
612
Uxbridge
2023 Jeep

Willy xe Automatique AWD Custome Preferred package 22W

  • Warranty Complete Term
Payment Details
  • Current Payment: 612 CAD/month + tax
  • Cash Incentive: 1,500 CAD
  • Payment After Incentive: 565 CAD/month + tax
  • Original Downpayment: 4,500 CAD
  • Months to End: 32 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 19,000 km/year
  • Current Odometer: 37,800 km total
  • Available Now: 20,856 km/year (1,738 per month)
See all Details
+ 2,000 cash
CAD/month x 32 months
2024 Volkswagen Atlas Execline 2.0 (ID: #63233)
818
Toronto
2024 Volkswagen

Atlas Execline 2.0 Automatique AWD

Payment Details
  • Current Payment: 818 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 755 CAD/month + tax
  • Residual Value: 29,038 CAD
  • Months to End: 32 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 10,000 km/year
  • Current Odometer: 12,500 km total
  • Available Now: 6,250 km/year (521 per month)
See all Details
+ 1,500 cash
CAD/month x 14 months
2022 Mercedes-Benz GLC 43 AMG (ID: #55730)
1,031
Toronto, ON
2022 Mercedes-Benz

GLC 43 AMG Automatique AWD Premium Package, AMG Package, Technology Package, Intelligent Drive Package

Payment Details
  • Current Payment: 1,031 CAD/month + tax
  • Cash Incentive: 1,500 CAD
  • Payment After Incentive: 924 CAD/month + tax
  • Original Downpayment: 12,983 CAD
  • Residual Value: 39,797 CAD
  • Months to End: 14 months (Jan, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 37,000 km total
  • Available Now: 31,143 km/year (2,595 per month)
  • Excess Km Cost: 0.30 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 2,000 cash
CAD/month x 11 months
2023 Nissan Rogue SV (ID: #52304)
494
Niagara Falls, ON
2023 Nissan

Rogue SV Automatique AWD Moonroof, Navigation, Android Auto/Apple Carplay, Sirius XM

  • Warranty Complete Term
Payment Details
  • Current Payment: 494 CAD/month + tax
  • Required Payment: 2,000 CAD
  • Payment Including Incentive: 676 CAD/month + tax
  • Original Downpayment: 2,168 CAD
  • Residual Value: 28,748 CAD
  • Months to End: 11 months (Dec, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 35,000 km total
  • Available Now: 5,455 km/year (455 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details
SAVE ~2,600 CAD
CAD/month x 21 months
2022 Nissan Rouge Platinum (ID: #47342)
745
Mississuaga, ON
2022 Nissan

Rouge Platinum Automatique AWD Tricare Hazard Protect

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 745 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 16,707 CAD
  • Months to End: 21 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 18,000 km total
  • Available Now: 45,905 km/year (3,825 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details