Payment Analysis
553.09CAD/monthin North York, ON
- 553.09 CAD/month
- 255.27 CAD/bi-weekly
- 127.64 CAD/week
- 6,637.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 624.99 CAD/month
- 288.46 CAD/bi-weekly
- 144.23 CAD/week
- 7,499.90 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:
15,059 ~ 16,359 CAD
compared to leasing a BRAND NEW:
- Audi A4 2.0 TFSI quattro Progressiv
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 852 |
|---|---|
| This Contract (CAD/month) | 553 |
| Monthly Difference | 299 CAD/month |
| Remaining Term | x 41 months |
| Total Monthly Difference | = 12,259 CAD |
| + Cash Incentive** (CAD) | + 1,200 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 15,059 ~ 16,359 |
| ** "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:
46,477 CAD
- Total Vehicle Debt: 54,548 CAD
- Paid so Far: 6,872 CAD (12% Paid)
- Remaining Lease Payments: 22,677 CAD
- Residual Value: 25,000 CAD
- Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 6,872 CAD Total Vehicle Value: 54,548 CAD
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 22,677 CAD
Term Paid so Far: 3,872 CAD Residual Value: 25,000 CAD
Cost to Own
Already Paid: 6,872 CAD (12%)
Cash Incentive: 1,200 CAD Buyout Price Today: 46,477 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: 46,477 CAD
- 4.9%Interest Rate x 48 months
- 1,068 CAD/month + tax
- Total Payable: 51,275 CAD
- Total Interest: 4,798 CAD
- 8.9%Interest Rate x 48 months
- 1,154 CAD/month + tax
- Total Payable: 55,410 CAD
- Total Interest: 8,933 CAD
- 14.9%Interest Rate x 48 months
- 1,291 CAD/month + tax
- Total Payable: 61,974 CAD
- Total Interest: 15,497 CAD
At the end of the Lease Contract
Residual Value: 25,000 CAD (in 41 months)
- 4.9%Interest Rate x 48 months
- 575 CAD/month + tax
- Total Payable: 27,581 CAD
- Total Interest: 2,581 CAD
- 8.9%Interest Rate x 48 months
- 621 CAD/month + tax
- Total Payable: 29,805 CAD
- Total Interest: 4,805 CAD
- 14.9%Interest Rate x 48 months
- 695 CAD/month + tax
- Total Payable: 33,336 CAD
- Total Interest: 8,336 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)
39.77
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
17.22
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
303.94
- km/week
- without any
- additional costs
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