Audi Lease Takeover in Toronto, ON: 2018 Audi A3 2.0T Komfort Quattro Automatique AWD ID:#14215 • LeaseCosts Canada

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: 20,752 ~ 22,052 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 48 months
Total Monthly Difference	= 19,152 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 20,752 ~ 22,052

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,336 CAD

Total Vehicle Debt: 43,336 CAD
Paid so Far: 1,000 CAD (2% Paid)
Remaining Lease Payments: 23,568 CAD
Residual Value: 18,768 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 1,000 CAD Total Vehicle Value: 43,336 CAD

2% Paid

98%

Vehicle Debt Breakdown

Downpayment: 1,000 CAD Remaining Term: 23,568 CAD

Term Paid so Far: 0 CAD Residual Value: 18,768 CAD

54%

44%

Cost to Own

Already Paid: 1,000 CAD (2%)

Cash Incentive: 0 CAD Buyout Price Today: 42,336 CAD

2% Paid

98%

Additional Financing Details

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: 42,336 CAD

4.9%Interest Rate x 48 months
973 CAD/month + tax
Total Payable: 46,706 CAD
Total Interest: 4,370 CAD

8.9%Interest Rate x 48 months
1,052 CAD/month + tax
Total Payable: 50,473 CAD
Total Interest: 8,137 CAD

14.9%Interest Rate x 48 months
1,176 CAD/month + tax
Total Payable: 56,453 CAD
Total Interest: 14,117 CAD

At the end of the Lease Contract

Residual Value: 18,768 CAD (in 48 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)