Payment Analysis
507.00CAD/monthin Vaughan, ON
- 507.00 CAD/month
- 234.00 CAD/bi-weekly
- 117.00 CAD/week
- 6,084.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 572.91 CAD/month
- 264.42 CAD/bi-weekly
- 132.21 CAD/week
- 6,874.92 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:
24,067 ~ 24,967 CAD
compared to leasing a BRAND NEW:
- Audi A3 quattro Progressiv
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 946 |
---|---|
This Contract (CAD/month) | 507 |
Monthly Difference | 439 CAD/month |
Remaining Term | x 53 months |
Total Monthly Difference | = 23,267 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 24,067 ~ 24,967 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
45,871 CAD
- Total Vehicle Debt: 47,336 CAD
- Paid so Far: 1,465 CAD (3% Paid)
- Remaining Lease Payments: 26,871 CAD
- Residual Value: 19,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 1,465 CAD Total Vehicle Value: 47,336 CAD
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 26,871 CAD
Term Paid so Far: -2,535 CAD Residual Value: 19,000 CAD
Cost to Own
Already Paid: 1,465 CAD (3%)
Cash Incentive: 0 CAD Buyout Price Today: 45,871 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: 45,871 CAD
- 4.9%Interest Rate x 48 months
- 1,054 CAD/month + tax
- Total Payable: 50,606 CAD
- Total Interest: 4,735 CAD
- 8.9%Interest Rate x 48 months
- 1,139 CAD/month + tax
- Total Payable: 54,688 CAD
- Total Interest: 8,817 CAD
- 14.9%Interest Rate x 48 months
- 1,274 CAD/month + tax
- Total Payable: 61,166 CAD
- Total Interest: 15,295 CAD
At the end of the Lease Contract
Residual Value: 19,000 CAD (in 53 months)
- 4.9%Interest Rate x 48 months
- 437 CAD/month + tax
- Total Payable: 20,961 CAD
- Total Interest: 1,961 CAD
- 8.9%Interest Rate x 48 months
- 472 CAD/month + tax
- Total Payable: 22,652 CAD
- Total Interest: 3,652 CAD
- 14.9%Interest Rate x 48 months
- 528 CAD/month + tax
- Total Payable: 25,335 CAD
- Total Interest: 6,335 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)
64.75
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
16.67
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
180.70
- km/week
- without any
- additional costs
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