Payment Analysis

627.00CAD/monthin Halifax, NS
    Before Taxes:
  • 627.00 CAD/month
  • 289.38 CAD/bi-weekly
  • 144.69 CAD/week
  • 7,524.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 721.05 CAD/month
  • 332.79 CAD/bi-weekly
  • 166.40 CAD/week
  • 8,652.60 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: 11,614 ~ 12,914 CAD

compared to leasing a BRAND NEW:

  • Audi A4 Komfort Quattro Automatic AWD Sports convenience package
  • for 24 months
  • in NS
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,014
This Contract (CAD/month) 627
Monthly Difference 387 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 8,514 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,614 ~ 12,914
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 34,294 CAD
  • Total Vehicle Debt: 52,096 CAD
  • Paid so Far: 16,302 CAD (31% Paid)
  • Remaining Lease Payments: 13,794 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 16,302 CAD Total Vehicle Value: 52,096 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,794 CAD
Term Paid so Far: 16,302 CAD Residual Value: 22,000 CAD
0%
31%
26%
43%
Cost to Own
Already Paid: 16,302 CAD (31%)
Cash Incentive: 1,500 CAD Buyout Price Today: 34,294 CAD
31% Paid
2%
67%
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: 34,294 CAD

  • 4.9%Interest Rate x 48 months
  • 788 CAD/month + tax
  • Total Payable: 37,834 CAD
  • Total Interest: 3,540 CAD
  • 8.9%Interest Rate x 48 months
  • 852 CAD/month + tax
  • Total Payable: 40,885 CAD
  • Total Interest: 6,591 CAD
  • 14.9%Interest Rate x 48 months
  • 953 CAD/month + tax
  • Total Payable: 45,729 CAD
  • Total Interest: 11,435 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,271 CAD
  • Total Interest: 2,271 CAD
  • 8.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,228 CAD
  • Total Interest: 4,228 CAD
  • 14.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,336 CAD
  • Total Interest: 7,336 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)
21.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 24.41CAD/100km (TODAY without the Cash Incentive)
  • 37.62CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
18.37
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 20.61CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
592.66
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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