Payment Analysis
510.00CAD/monthin Toronto, ON
- 510.00 CAD/month
- 235.38 CAD/bi-weekly
- 117.69 CAD/week
- 6,120.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 576.30 CAD/month
- 265.98 CAD/bi-weekly
- 132.99 CAD/week
- 6,915.60 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:
10,792 ~ 11,692 CAD
compared to leasing a BRAND NEW:
- Audi A4 quattro Komfort
- for 36 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 736 |
---|---|
This Contract (CAD/month) | 510 |
Monthly Difference | 226 CAD/month |
Remaining Term | x 42 months |
Total Monthly Difference | = 9,492 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 10,792 ~ 11,692 |
** "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:
42,920 CAD
- Total Vehicle Debt: 48,980 CAD
- Paid so Far: 5,560 CAD (11% Paid)
- Remaining Lease Payments: 21,420 CAD
- Residual Value: 22,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 5,560 CAD Total Vehicle Value: 48,980 CAD
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 21,420 CAD
Term Paid so Far: 3,060 CAD Residual Value: 22,000 CAD
Cost to Own
Already Paid: 5,560 CAD (11%)
Cash Incentive: 500 CAD Buyout Price Today: 42,920 CAD
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: 42,920 CAD
- 4.9%Interest Rate x 48 months
- 986 CAD/month + tax
- Total Payable: 47,351 CAD
- Total Interest: 4,431 CAD
- 8.9%Interest Rate x 48 months
- 1,066 CAD/month + tax
- Total Payable: 51,169 CAD
- Total Interest: 8,249 CAD
- 14.9%Interest Rate x 48 months
- 1,192 CAD/month + tax
- Total Payable: 57,231 CAD
- Total Interest: 14,311 CAD
At the end of the Lease Contract
Residual Value: 22,000 CAD (in 42 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)
63.39
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
16.38
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
181.32
- km/week
- without any
- additional costs
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