Payment Analysis

4,999.00CAD/monthin St. Catharines, ON
    Before Taxes:
  • 4,999.00 CAD/month
  • 2,307.23 CAD/bi-weekly
  • 1,153.62 CAD/week
  • 59,988.00 CAD/year
Incl. Ontario Taxes (13%):
  • 5,648.87 CAD/month
  • 2,607.17 CAD/bi-weekly
  • 1,303.59 CAD/week
  • 67,786.44 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: -146,754 ~ -145,854 CAD

compared to leasing a BRAND NEW:

  • Audi A3 Sedan 2.0 TFSI S Tronic quattro Technik
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,116
This Contract (CAD/month) 4,999
Monthly Difference -3,883 CAD/month
Remaining Term x 38 months
Total Monthly Difference = -147,554 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -146,754 ~ -145,854

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 213,962 CAD
  • Total Vehicle Debt: 263,952 CAD
  • Paid so Far: 49,990 CAD (18% Paid)
  • Remaining Lease Payments: 189,962 CAD
  • Residual Value: 24,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 49,990 CAD Total Vehicle Value: 263,952 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 189,962 CAD
Term Paid so Far: 49,990 CAD Residual Value: 24,000 CAD
0%
18%
72%
10%
Cost to Own
Already Paid: 49,990 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 213,962 CAD
18% Paid
0%
82%
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: 213,962 CAD

  • 4.9%Interest Rate x 48 months
  • 4,918 CAD/month + tax
  • Total Payable: 236,050 CAD
  • Total Interest: 22,088 CAD
  • 8.9%Interest Rate x 48 months
  • 5,314 CAD/month + tax
  • Total Payable: 255,086 CAD
  • Total Interest: 41,124 CAD
  • 14.9%Interest Rate x 48 months
  • 5,944 CAD/month + tax
  • Total Payable: 285,306 CAD
  • Total Interest: 71,344 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,478 CAD
  • Total Interest: 2,478 CAD
  • 8.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,613 CAD
  • Total Interest: 4,613 CAD
  • 14.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,003 CAD
  • Total Interest: 8,003 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)
-730.62
  • + tax
  • + fuel
  • + insurance
(or -7.31CAD per km)
Time Analysis
Cost per day: (CAD)
164.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
-157.89
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided