Payment Analysis

562.83CAD/monthin Oakville, ON
    Before Taxes:
  • 562.83 CAD/month
  • 259.77 CAD/bi-weekly
  • 129.88 CAD/week
  • 6,753.96 CAD/year
Incl. Ontario Taxes (13%):
  • 636.00 CAD/month
  • 293.54 CAD/bi-weekly
  • 146.77 CAD/week
  • 7,631.97 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: 34,464 ~ 35,364 CAD

compared to leasing a BRAND NEW:

  • Audi A4
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,088
This Contract (CAD/month) 563
Monthly Difference 526 CAD/month
Remaining Term x 64 months
Total Monthly Difference = 33,664 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 34,464 ~ 35,364

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 60,736 CAD
  • Total Vehicle Debt: 58,090 CAD
  • Paid so Far: -2,646 CAD (-5% Paid)
  • Remaining Lease Payments: 36,021 CAD
  • Residual Value: 24,715 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -2,646 CAD Total Vehicle Value: 58,090 CAD
-5% Paid
105%
Vehicle Debt Breakdown
Downpayment: 6,359 CAD Remaining Term: 36,021 CAD
Term Paid so Far: -9,005 CAD Residual Value: 24,715 CAD
12%
-17%
62%
43%
Cost to Own
Already Paid: -2,646 CAD (-5%)
Cash Incentive: 0 CAD Buyout Price Today: 60,736 CAD
-5% Paid
0%
105%
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: 60,736 CAD

  • 4.9%Interest Rate x 48 months
  • 1,396 CAD/month + tax
  • Total Payable: 67,006 CAD
  • Total Interest: 6,270 CAD
  • 8.9%Interest Rate x 48 months
  • 1,509 CAD/month + tax
  • Total Payable: 72,410 CAD
  • Total Interest: 11,674 CAD
  • 14.9%Interest Rate x 48 months
  • 1,687 CAD/month + tax
  • Total Payable: 80,988 CAD
  • Total Interest: 20,252 CAD

At the end of the Lease Contract

Residual Value: 24,715 CAD (in 64 months)

  • 4.9%Interest Rate x 48 months
  • 568 CAD/month + tax
  • Total Payable: 27,267 CAD
  • Total Interest: 2,551 CAD
  • 8.9%Interest Rate x 48 months
  • 614 CAD/month + tax
  • Total Payable: 29,466 CAD
  • Total Interest: 4,750 CAD
  • 14.9%Interest Rate x 48 months
  • 687 CAD/month + tax
  • Total Payable: 32,956 CAD
  • Total Interest: 8,241 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)
51.46
  • + tax
  • + fuel
  • + insurance
(or 0.51CAD per km)
Time Analysis
Cost per day: (CAD)
18.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
252.40
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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