Payment Analysis

636.71CAD/monthin Halifax, NS
    Before Taxes:
  • 636.71 CAD/month
  • 293.87 CAD/bi-weekly
  • 146.93 CAD/week
  • 7,640.52 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 732.22 CAD/month
  • 337.95 CAD/bi-weekly
  • 168.97 CAD/week
  • 8,786.60 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: 2,148 ~ 3,048 CAD

compared to leasing a BRAND NEW:

  • Audi Q3 45 TFSI q Technik
  • for 24 months
  • in NS
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 992
This Contract (CAD/month) 637
Monthly Difference 356 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 2,848 CAD
- Required Payment** (CAD) - 1,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,148 ~ 3,048
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,834 CAD
  • Total Vehicle Debt: 56,460 CAD
  • Paid so Far: 25,126 CAD (44% Paid)
  • Remaining Lease Payments: 5,094 CAD
  • Residual Value: 26,240 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 25,126 CAD Total Vehicle Value: 56,460 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 294 CAD Remaining Term: 5,094 CAD
Term Paid so Far: 24,832 CAD Residual Value: 26,240 CAD
0%
44%
9%
47%
Cost to Own
Already Paid: 25,126 CAD (44%)
Required Payment: 1,500 CAD (2%)Buyout Price Today: 32,834 CAD
42% Paid
2%
56%
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: 32,834 CAD

  • 4.9%Interest Rate x 48 months
  • 755 CAD/month + tax
  • Total Payable: 36,224 CAD
  • Total Interest: 3,390 CAD
  • 8.9%Interest Rate x 48 months
  • 816 CAD/month + tax
  • Total Payable: 39,145 CAD
  • Total Interest: 6,311 CAD
  • 14.9%Interest Rate x 48 months
  • 912 CAD/month + tax
  • Total Payable: 43,782 CAD
  • Total Interest: 10,948 CAD

At the end of the Lease Contract

Residual Value: 26,240 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 603 CAD/month + tax
  • Total Payable: 28,949 CAD
  • Total Interest: 2,709 CAD
  • 8.9%Interest Rate x 48 months
  • 652 CAD/month + tax
  • Total Payable: 31,284 CAD
  • Total Interest: 5,043 CAD
  • 14.9%Interest Rate x 48 months
  • 729 CAD/month + tax
  • Total Payable: 34,990 CAD
  • Total Interest: 8,750 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)
29.52
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 22.81CAD/100km (TODAY without the Cash Incentive)
  • 38.20CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
27.10
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 20.93CAD/day (Original Contract back in Aug, 2019)
Remaining Km
Can be driven up to:
644.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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