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:
10,340 ~ 11,240 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 40 months |
Total Monthly Difference | = 9,040 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 10,340 ~ 11,240 |
** "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:
41,900 CAD
- Total Vehicle Debt: 48,980 CAD
- Paid so Far: 6,580 CAD (13% Paid)
- Remaining Lease Payments: 20,400 CAD
- Residual Value: 22,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 6,580 CAD Total Vehicle Value: 48,980 CAD
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 20,400 CAD
Term Paid so Far: 4,080 CAD Residual Value: 22,000 CAD
Cost to Own
Already Paid: 6,580 CAD (13%)
Cash Incentive: 500 CAD Buyout Price Today: 41,900 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: 41,900 CAD
- 4.9%Interest Rate x 48 months
- 963 CAD/month + tax
- Total Payable: 46,225 CAD
- Total Interest: 4,325 CAD
- 8.9%Interest Rate x 48 months
- 1,041 CAD/month + tax
- Total Payable: 49,953 CAD
- Total Interest: 8,053 CAD
- 14.9%Interest Rate x 48 months
- 1,164 CAD/month + tax
- Total Payable: 55,871 CAD
- Total Interest: 13,971 CAD
At the end of the Lease Contract
Residual Value: 22,000 CAD (in 40 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)
60.30
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
16.36
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
190.38
- km/week
- without any
- additional costs
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