Lease Takeover Analysis

The Lease Takeover Analysis is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference.

For Leasing Purposes

With this deal, you are saving: 11,172 ~ 12,472 CAD

compared to leasing a BRAND NEW:

  • Audi A4 2.0 TFSI quattro Progressiv
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 852
This Contract (CAD/month) 553
Monthly Difference 299 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 8,372 CAD
+ Cash Incentive** (CAD) + 1,200
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,172 ~ 12,472
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today, it would cost: 39,287 CAD
  • Total Vehicle Debt: 54,548 CAD
  • Paid so Far: 14,062 CAD (25% Paid)
  • Remaining Lease Payments: 15,487 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 14,062 CAD Total Vehicle Value: 54,548 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 15,487 CAD
Term Paid so Far: 11,062 CAD Residual Value: 25,000 CAD
5%
20%
28%
47%
Cost to Own
Already Paid: 14,062 CAD
Cash Incentive: 1,200 CAD Buyout Price Today: 39,287 CAD
25% Paid
2%
73%

Finance the remaining Debt Today

Remaining Term + Residual Value: 39,287 CAD

  • 2.9%Interest Rate x 48 months
  • 868 CAD/month + tax
  • Total Payable: 41,657 CAD
  • Total Interest: 2,370 CAD
  • 4.9%Interest Rate x 48 months
  • 903 CAD/month + tax
  • Total Payable: 43,342 CAD
  • Total Interest: 4,056 CAD
  • 5.9%Interest Rate x 48 months
  • 921 CAD/month + tax
  • Total Payable: 44,201 CAD
  • Total Interest: 4,914 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 28 months)

  • 2.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,508 CAD
  • Total Interest: 1,508 CAD
  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 5.9%Interest Rate x 48 months
  • 586 CAD/month + tax
  • Total Payable: 28,127 CAD
  • Total Interest: 3,127 CAD