Payment Analysis

491.00CAD/monthin Toronto, ON
    Before Taxes:
  • 491.00 CAD/month
  • 226.62 CAD/bi-weekly
  • 113.31 CAD/week
  • 5,892.00 CAD/year
Incl. Ontario Taxes (13%):
  • 554.83 CAD/month
  • 256.08 CAD/bi-weekly
  • 128.04 CAD/week
  • 6,657.96 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: 17,959 ~ 19,259 CAD

compared to leasing a BRAND NEW:

  • Audi A3 Sedan 40 TFSI Komfort S tronic
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 890
This Contract (CAD/month) 491
Monthly Difference 399 CAD/month
Remaining Term x 41 months
Total Monthly Difference = 16,359 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 17,959 ~ 19,259

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 38,899 CAD
  • Total Vehicle Debt: 43,336 CAD
  • Paid so Far: 4,437 CAD (10% Paid)
  • Remaining Lease Payments: 20,131 CAD
  • Residual Value: 18,768 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,437 CAD Total Vehicle Value: 43,336 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 20,131 CAD
Term Paid so Far: 3,437 CAD Residual Value: 18,768 CAD
2%
8%
46%
44%
Cost to Own
Already Paid: 4,437 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 38,899 CAD
10% Paid
0%
90%
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: 38,899 CAD

  • 4.9%Interest Rate x 48 months
  • 894 CAD/month + tax
  • Total Payable: 42,915 CAD
  • Total Interest: 4,016 CAD
  • 8.9%Interest Rate x 48 months
  • 966 CAD/month + tax
  • Total Payable: 46,376 CAD
  • Total Interest: 7,477 CAD
  • 14.9%Interest Rate x 48 months
  • 1,081 CAD/month + tax
  • Total Payable: 51,870 CAD
  • Total Interest: 12,971 CAD

At the end of the Lease Contract

Residual Value: 18,768 CAD (in 41 months)

  • 4.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,705 CAD
  • Total Interest: 1,937 CAD
  • 8.9%Interest Rate x 48 months
  • 466 CAD/month + tax
  • Total Payable: 22,375 CAD
  • Total Interest: 3,607 CAD
  • 14.9%Interest Rate x 48 months
  • 521 CAD/month + tax
  • Total Payable: 25,026 CAD
  • Total Interest: 6,258 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)
36.60
  • + tax
  • + fuel
  • + insurance
(or 0.37CAD per km)
Time Analysis
Cost per day: (CAD)
16.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
309.57
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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