Payment Analysis

454.70CAD/monthin Halifax, NS
    Before Taxes:
  • 454.70 CAD/month
  • 209.86 CAD/bi-weekly
  • 104.93 CAD/week
  • 5,456.40 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 522.91 CAD/month
  • 241.34 CAD/bi-weekly
  • 120.67 CAD/week
  • 6,274.86 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: 2,362 ~ 3,662 CAD

compared to leasing a BRAND NEW:

  • Audi A4 Sedan 40 quattro Komfort
  • for 36 months
  • in NS
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 708
This Contract (CAD/month) 455
Monthly Difference 254 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 762 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,362 ~ 3,662

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,395 CAD
  • Total Vehicle Debt: 45,313 CAD
  • Paid so Far: 27,918 CAD (61% Paid)
  • Remaining Lease Payments: 1,364 CAD
  • Residual Value: 16,031 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,918 CAD Total Vehicle Value: 45,313 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 1,364 CAD
Term Paid so Far: 25,918 CAD Residual Value: 16,031 CAD
4%
57%
3%
36%
Cost to Own
Already Paid: 27,918 CAD (61%)
Cash Incentive: 0 CAD Buyout Price Today: 17,395 CAD
61% Paid
0%
39%
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: 17,395 CAD

  • 4.9%Interest Rate x 48 months
  • 400 CAD/month + tax
  • Total Payable: 19,191 CAD
  • Total Interest: 1,796 CAD
  • 8.9%Interest Rate x 48 months
  • 432 CAD/month + tax
  • Total Payable: 20,739 CAD
  • Total Interest: 3,343 CAD
  • 14.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,195 CAD
  • Total Interest: 5,800 CAD

At the end of the Lease Contract

Residual Value: 16,031 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,686 CAD
  • Total Interest: 1,655 CAD
  • 8.9%Interest Rate x 48 months
  • 398 CAD/month + tax
  • Total Payable: 19,112 CAD
  • Total Interest: 3,081 CAD
  • 14.9%Interest Rate x 48 months
  • 445 CAD/month + tax
  • Total Payable: 21,376 CAD
  • Total Interest: 5,345 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)
2.26
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 34.10CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
14.95
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,646.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 307.69km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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