Payment Analysis

552.33CAD/monthin Ottawa, ON
    Before Taxes:
  • 552.33 CAD/month
  • 254.92 CAD/bi-weekly
  • 127.46 CAD/week
  • 6,627.96 CAD/year
Incl. Ontario Taxes (13%):
  • 624.13 CAD/month
  • 288.06 CAD/bi-weekly
  • 144.03 CAD/week
  • 7,489.59 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: 14,064 ~ 14,464 CAD

compared to leasing a BRAND NEW:

  • Audi A3 quattro Progressiv
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 728
This Contract (CAD/month) 552
Monthly Difference 176 CAD/month
Remaining Term x 64 months
Total Monthly Difference = 11,264 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 14,064 ~ 14,464
** "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: 54,301 CAD
  • Total Vehicle Debt: 47,464 CAD
  • Paid so Far: -8,837 CAD (-19% Paid)
  • Remaining Lease Payments: 35,349 CAD
  • Residual Value: 20,952 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: -8,837 CAD Total Vehicle Value: 47,464 CAD
-19% Paid
119%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 35,349 CAD
Term Paid so Far: -8,837 CAD Residual Value: 20,952 CAD
0%
-19%
74%
45%
Cost to Own
Already Paid: -8,837 CAD (-19%)
Cash Incentive: 2,000 CAD Buyout Price Today: 54,301 CAD
-19% Paid
4%
115%
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: 54,301 CAD

  • 4.9%Interest Rate x 48 months
  • 1,248 CAD/month + tax
  • Total Payable: 59,907 CAD
  • Total Interest: 5,606 CAD
  • 8.9%Interest Rate x 48 months
  • 1,349 CAD/month + tax
  • Total Payable: 64,738 CAD
  • Total Interest: 10,437 CAD
  • 14.9%Interest Rate x 48 months
  • 1,508 CAD/month + tax
  • Total Payable: 72,408 CAD
  • Total Interest: 18,106 CAD

At the end of the Lease Contract

Residual Value: 20,952 CAD (in 64 months)

  • 4.9%Interest Rate x 48 months
  • 482 CAD/month + tax
  • Total Payable: 23,115 CAD
  • Total Interest: 2,163 CAD
  • 8.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,979 CAD
  • Total Interest: 4,027 CAD
  • 14.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,938 CAD
  • Total Interest: 6,986 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)
63.28
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
17.13
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
190.02
  • km/week
  • without any
  • additional costs
Excess km cost: 0.11CAD

Similar Listings in Ottawa

2023 Nissan

Sentra SV SE Special Edition CVT 2WD extended warranty

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 464 CAD/month + tax
  • Residual Value: 9,828 CAD
  • Months to End: 23 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 26,005 km/year
  • Current Odometer: 91,000 km total
  • Available Now: 23,752 km/year (1,979 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details
CAD/month x 17 months
2023 Mercedes-Benz C 300 4MATIC Sedan (ID: #70922)
954
OTTAWA
2023 Mercedes-Benz

C 300 4MATIC Sedan Automatique AWD PREMIUM & PREMIUM PLUS & SPORT & INTELLIGENT DRIVE & PLATINUM GARD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 954 CAD/month + tax
  • Months to End: 17 months (Feb, 2028)
Vehicle Status
  • Contract Allowance: 21,500 km/year
  • Current Odometer: 65,467 km total
  • Available Now: 14,494 km/year (1,208 per month)
See all Details
CAD/month x 15 months
2020 Hyundai Hyundai Elantra Preferred (ID: #70774)
125
ottawa
2020 Hyundai

Hyundai Elantra Preferred Automatique 2WD

Payment Details
  • Current Payment: 125 CAD/month + tax
  • Months to End: 15 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 120,000 km total
  • Available Now: -16,000 km/year (-1,333 per month)
See all Details
CAD/month x 23 months
2024 Volkswagen Golf R (ID: #58794)
698
Ottawa
2024 Volkswagen

Golf R Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 698 CAD/month + tax
  • Residual Value: 24,000 CAD
  • Months to End: 23 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 12,816 km total
  • Available Now: 44,400 km/year (3,700 per month)
See all Details
+ 30,000 cash
CAD/month x 19 months
2023 Honda Civic sport (ID: #58654)
598
Ottawa
2023 Honda

Civic sport Automatique 2WD Civic sport

Payment Details
  • Current Payment: 598 CAD/month + tax
  • Cash Incentive: 30,000 CAD
  • Payment After Incentive: -981 CAD/month + tax
  • Months to End: 19 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 45,600 km total
  • Available Now: 34,358 km/year (2,863 per month)
See all Details
CAD/month x 0 months
2024 Nissan Nissan Sentra SV (ID: #56315)
408
Ottawa
2024 Nissan

Nissan Sentra SV Automatique 2WD Moonroof Package, lease end protection

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 408 CAD/month + tax
  • Original Downpayment: 600 CAD
  • Residual Value: 20,872 CAD
  • Months to End: 1 months (Sep, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 10,000 km total
  • Available Now: 456,000 km/year (38,000 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details