Payment Analysis

646.00CAD/monthin Halifax, NS
    Before Taxes:
  • 646.00 CAD/month
  • 298.15 CAD/bi-weekly
  • 149.08 CAD/week
  • 7,752.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 742.90 CAD/month
  • 342.88 CAD/bi-weekly
  • 171.44 CAD/week
  • 8,914.80 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: 1,400 ~ 2,300 CAD

compared to leasing a BRAND NEW:

  • Audi A4 Sedan 45 quattro Progressiv
  • for 36 months
  • in NX
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 766
This Contract (CAD/month) 646
Monthly Difference 120 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 600 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,400 ~ 2,300

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,806 CAD
  • Total Vehicle Debt: 55,584 CAD
  • Paid so Far: 27,778 CAD (49% Paid)
  • Remaining Lease Payments: 3,230 CAD
  • Residual Value: 24,576 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,778 CAD Total Vehicle Value: 55,584 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,230 CAD
Term Paid so Far: 27,778 CAD Residual Value: 24,576 CAD
0%
49%
5%
46%
Cost to Own
Already Paid: 27,778 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 27,806 CAD
49% Paid
0%
51%
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: 27,806 CAD

  • 4.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,677 CAD
  • Total Interest: 2,871 CAD
  • 8.9%Interest Rate x 48 months
  • 691 CAD/month + tax
  • Total Payable: 33,151 CAD
  • Total Interest: 5,344 CAD
  • 14.9%Interest Rate x 48 months
  • 772 CAD/month + tax
  • Total Payable: 37,078 CAD
  • Total Interest: 9,272 CAD

At the end of the Lease Contract

Residual Value: 24,576 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 565 CAD/month + tax
  • Total Payable: 27,113 CAD
  • Total Interest: 2,537 CAD
  • 8.9%Interest Rate x 48 months
  • 610 CAD/month + tax
  • Total Payable: 29,300 CAD
  • Total Interest: 4,724 CAD
  • 14.9%Interest Rate x 48 months
  • 683 CAD/month + tax
  • Total Payable: 32,771 CAD
  • Total Interest: 8,195 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)
8.18
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 64.60CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
21.24
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,823.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 230.77km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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