Payment Analysis

389.65CAD/monthin St. Catharines, ON
    Before Taxes:
  • 389.65 CAD/month
  • 179.84 CAD/bi-weekly
  • 89.92 CAD/week
  • 4,675.80 CAD/year
Incl. Ontario Taxes (13%):
  • 440.30 CAD/month
  • 203.22 CAD/bi-weekly
  • 101.61 CAD/week
  • 5,283.65 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: 14,495 ~ 15,395 CAD

compared to leasing a BRAND NEW:

  • Audi Q3 2.0 TFSI quattro Technik
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 804
This Contract (CAD/month) 390
Monthly Difference 415 CAD/month
Remaining Term x 33 months
Total Monthly Difference = 13,695 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,495 ~ 15,395

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 52,628 CAD
  • Total Vehicle Debt: 57,188 CAD
  • Paid so Far: 4,560 CAD (7% Paid)
  • Remaining Lease Payments: 12,858 CAD
  • Residual Value: 39,770 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,560 CAD Total Vehicle Value: 57,188 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 3,391 CAD Remaining Term: 12,858 CAD
Term Paid so Far: 1,169 CAD Residual Value: 39,770 CAD
5%
2%
22%
71%
Cost to Own
Already Paid: 4,560 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 52,628 CAD
7% Paid
0%
93%
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: 52,628 CAD

  • 4.9%Interest Rate x 48 months
  • 1,210 CAD/month + tax
  • Total Payable: 58,061 CAD
  • Total Interest: 5,433 CAD
  • 8.9%Interest Rate x 48 months
  • 1,307 CAD/month + tax
  • Total Payable: 62,744 CAD
  • Total Interest: 10,115 CAD
  • 14.9%Interest Rate x 48 months
  • 1,462 CAD/month + tax
  • Total Payable: 70,177 CAD
  • Total Interest: 17,549 CAD

At the end of the Lease Contract

Residual Value: 39,770 CAD (in 33 months)

  • 4.9%Interest Rate x 48 months
  • 914 CAD/month + tax
  • Total Payable: 43,876 CAD
  • Total Interest: 4,106 CAD
  • 8.9%Interest Rate x 48 months
  • 988 CAD/month + tax
  • Total Payable: 47,414 CAD
  • Total Interest: 7,644 CAD
  • 14.9%Interest Rate x 48 months
  • 1,105 CAD/month + tax
  • Total Payable: 53,031 CAD
  • Total Interest: 13,261 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)
26.68
  • + tax
  • + fuel
  • + insurance
(or 0.27CAD per km)
Time Analysis
Cost per day: (CAD)
12.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
337.06
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

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