Payment Analysis

896.32CAD/monthin Toronto, ON
    Before Taxes:
  • 896.32 CAD/month
  • 413.69 CAD/bi-weekly
  • 206.84 CAD/week
  • 10,755.84 CAD/year
Incl. Ontario Taxes (13%):
  • 1,012.84 CAD/month
  • 467.47 CAD/bi-weekly
  • 233.73 CAD/week
  • 12,154.10 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: 71,520 ~ 72,420 CAD

compared to leasing a BRAND NEW:

  • Audi A7 3.0 TFSI quattro Progressiv
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,001
This Contract (CAD/month) 896
Monthly Difference 1,105 CAD/month
Remaining Term x 64 months
Total Monthly Difference = 70,720 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 71,520 ~ 72,420

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 89,368 CAD
  • Total Vehicle Debt: 75,027 CAD
  • Paid so Far: -14,341 CAD (-20% Paid)
  • Remaining Lease Payments: 57,364 CAD
  • Residual Value: 32,004 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -14,341 CAD Total Vehicle Value: 75,027 CAD
-20% Paid
120%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 57,364 CAD
Term Paid so Far: -14,341 CAD Residual Value: 32,004 CAD
0%
-20%
77%
43%
Cost to Own
Already Paid: -14,341 CAD (-20%)
Cash Incentive: 0 CAD Buyout Price Today: 89,368 CAD
-20% Paid
0%
120%
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: 89,368 CAD

  • 4.9%Interest Rate x 48 months
  • 2,054 CAD/month + tax
  • Total Payable: 98,594 CAD
  • Total Interest: 9,226 CAD
  • 8.9%Interest Rate x 48 months
  • 2,220 CAD/month + tax
  • Total Payable: 106,545 CAD
  • Total Interest: 17,177 CAD
  • 14.9%Interest Rate x 48 months
  • 2,483 CAD/month + tax
  • Total Payable: 119,168 CAD
  • Total Interest: 29,799 CAD

At the end of the Lease Contract

Residual Value: 32,004 CAD (in 64 months)

  • 4.9%Interest Rate x 48 months
  • 736 CAD/month + tax
  • Total Payable: 35,308 CAD
  • Total Interest: 3,304 CAD
  • 8.9%Interest Rate x 48 months
  • 795 CAD/month + tax
  • Total Payable: 38,155 CAD
  • Total Interest: 6,151 CAD
  • 14.9%Interest Rate x 48 months
  • 889 CAD/month + tax
  • Total Payable: 42,676 CAD
  • Total Interest: 10,672 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)
106.23
  • + tax
  • + fuel
  • + insurance
(or 1.06CAD per km)
Time Analysis
Cost per day: (CAD)
29.47
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
194.71
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD

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