Payment Analysis

785.00CAD/monthin Toronto, ON
    Before Taxes:
  • 785.00 CAD/month
  • 362.31 CAD/bi-weekly
  • 181.15 CAD/week
  • 9,420.00 CAD/year
Incl. Ontario Taxes (13%):
  • 887.05 CAD/month
  • 409.41 CAD/bi-weekly
  • 204.70 CAD/week
  • 10,644.60 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: 36,826 ~ 38,126 CAD

compared to leasing a BRAND NEW:

  • Audi Q7 TFSI quattro Komfort tiptronic
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,588
This Contract (CAD/month) 785
Monthly Difference 803 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 33,726 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 36,826 ~ 38,126
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 66,470 CAD
  • Total Vehicle Debt: 66,690 CAD
  • Paid so Far: -1,280 CAD (-2% Paid)
  • Remaining Lease Payments: 32,970 CAD
  • Residual Value: 35,000 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: -1,280 CAD Total Vehicle Value: 66,690 CAD
-2% Paid
102%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 32,970 CAD
Term Paid so Far: -6,280 CAD Residual Value: 35,000 CAD
7%
-9%
49%
53%
Cost to Own
Already Paid: -1,280 CAD (-2%)
Cash Incentive: 1,500 CAD Buyout Price Today: 66,470 CAD
-2% Paid
2%
100%
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: 66,470 CAD

  • 4.9%Interest Rate x 48 months
  • 1,528 CAD/month + tax
  • Total Payable: 73,332 CAD
  • Total Interest: 6,862 CAD
  • 8.9%Interest Rate x 48 months
  • 1,651 CAD/month + tax
  • Total Payable: 79,246 CAD
  • Total Interest: 12,776 CAD
  • 14.9%Interest Rate x 48 months
  • 1,847 CAD/month + tax
  • Total Payable: 88,634 CAD
  • Total Interest: 22,164 CAD

At the end of the Lease Contract

Residual Value: 35,000 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 804 CAD/month + tax
  • Total Payable: 38,613 CAD
  • Total Interest: 3,613 CAD
  • 8.9%Interest Rate x 48 months
  • 869 CAD/month + tax
  • Total Payable: 41,727 CAD
  • Total Interest: 6,727 CAD
  • 14.9%Interest Rate x 48 months
  • 972 CAD/month + tax
  • Total Payable: 46,671 CAD
  • Total Interest: 11,671 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)
75.53
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
24.63
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
228.94
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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