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: 16,363 ~ 17,663 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 37 months
Total Monthly Difference = 14,763 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 16,363 ~ 17,663

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,935 CAD
  • Total Vehicle Debt: 43,336 CAD
  • Paid so Far: 6,401 CAD (14% Paid)
  • Remaining Lease Payments: 18,167 CAD
  • Residual Value: 18,768 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,401 CAD Total Vehicle Value: 43,336 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 18,167 CAD
Term Paid so Far: 5,401 CAD Residual Value: 18,768 CAD
2%
12%
42%
44%
Cost to Own
Already Paid: 6,401 CAD (14%)
Cash Incentive: 0 CAD Buyout Price Today: 36,935 CAD
14% Paid
0%
86%
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: 36,935 CAD

  • 4.9%Interest Rate x 48 months
  • 849 CAD/month + tax
  • Total Payable: 40,748 CAD
  • Total Interest: 3,813 CAD
  • 8.9%Interest Rate x 48 months
  • 917 CAD/month + tax
  • Total Payable: 44,034 CAD
  • Total Interest: 7,099 CAD
  • 14.9%Interest Rate x 48 months
  • 1,026 CAD/month + tax
  • Total Payable: 49,251 CAD
  • Total Interest: 12,316 CAD

At the end of the Lease Contract

Residual Value: 18,768 CAD (in 37 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)
33.03
  • + tax
  • + fuel
  • + insurance
(or 0.33CAD per km)
Time Analysis
Cost per day: (CAD)
16.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
343.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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