Payment Analysis

380.26CAD/monthin Scarborough, ON
    Before Taxes:
  • 380.26 CAD/month
  • 175.50 CAD/bi-weekly
  • 87.75 CAD/week
  • 4,563.12 CAD/year
Incl. Ontario Taxes (13%):
  • 429.69 CAD/month
  • 198.32 CAD/bi-weekly
  • 99.16 CAD/week
  • 5,156.33 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: 4,972 ~ 5,872 CAD

compared to leasing a BRAND NEW:

  • Audi Q3 45 TFSI quattro Progressiv
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 678
This Contract (CAD/month) 380
Monthly Difference 298 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 4,172 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,972 ~ 5,872

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,997 CAD
  • Total Vehicle Debt: 56,673 CAD
  • Paid so Far: 27,676 CAD (48% Paid)
  • Remaining Lease Payments: 5,324 CAD
  • Residual Value: 23,674 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,676 CAD Total Vehicle Value: 56,673 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 15,128 CAD Remaining Term: 5,324 CAD
Term Paid so Far: 12,549 CAD Residual Value: 23,674 CAD
26%
22%
9%
43%
Cost to Own
Already Paid: 27,676 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 28,997 CAD
48% Paid
0%
52%
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: 28,997 CAD

  • 4.9%Interest Rate x 48 months
  • 666 CAD/month + tax
  • Total Payable: 31,991 CAD
  • Total Interest: 2,993 CAD
  • 8.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,571 CAD
  • Total Interest: 5,573 CAD
  • 14.9%Interest Rate x 48 months
  • 806 CAD/month + tax
  • Total Payable: 38,666 CAD
  • Total Interest: 9,669 CAD

At the end of the Lease Contract

Residual Value: 23,674 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,117 CAD
  • Total Interest: 2,444 CAD
  • 8.9%Interest Rate x 48 months
  • 588 CAD/month + tax
  • Total Payable: 28,224 CAD
  • Total Interest: 4,550 CAD
  • 14.9%Interest Rate x 48 months
  • 658 CAD/month + tax
  • Total Payable: 31,567 CAD
  • Total Interest: 7,894 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)
7.17
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 22.82CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
12.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,223.63
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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