Payment Analysis

552.33CAD/monthin Ottawa, ON
    Before Taxes:
  • 552.33 CAD/month
  • 254.92 CAD/bi-weekly
  • 127.46 CAD/week
  • 6,627.96 CAD/year
Incl. Ontario Taxes (13%):
  • 624.13 CAD/month
  • 288.06 CAD/bi-weekly
  • 144.03 CAD/week
  • 7,489.59 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: 10,192 ~ 10,592 CAD

compared to leasing a BRAND NEW:

  • Audi A3 quattro Progressiv
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 728
This Contract (CAD/month) 552
Monthly Difference 176 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 7,392 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 10,192 ~ 10,592
** "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: 42,150 CAD
  • Total Vehicle Debt: 47,464 CAD
  • Paid so Far: 3,314 CAD (6% Paid)
  • Remaining Lease Payments: 23,198 CAD
  • Residual Value: 20,952 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 3,314 CAD Total Vehicle Value: 47,464 CAD
6% Paid
94%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 23,198 CAD
Term Paid so Far: 3,314 CAD Residual Value: 20,952 CAD
0%
6%
49%
45%
Cost to Own
Already Paid: 3,314 CAD (6%)
Cash Incentive: 2,000 CAD Buyout Price Today: 42,150 CAD
6% Paid
4%
90%
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: 42,150 CAD

  • 4.9%Interest Rate x 48 months
  • 969 CAD/month + tax
  • Total Payable: 46,501 CAD
  • Total Interest: 4,351 CAD
  • 8.9%Interest Rate x 48 months
  • 1,047 CAD/month + tax
  • Total Payable: 50,251 CAD
  • Total Interest: 8,101 CAD
  • 14.9%Interest Rate x 48 months
  • 1,171 CAD/month + tax
  • Total Payable: 56,204 CAD
  • Total Interest: 14,055 CAD

At the end of the Lease Contract

Residual Value: 20,952 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 482 CAD/month + tax
  • Total Payable: 23,115 CAD
  • Total Interest: 2,163 CAD
  • 8.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,979 CAD
  • Total Interest: 4,027 CAD
  • 14.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,938 CAD
  • Total Interest: 6,986 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)
40.22
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
16.59
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
289.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.11CAD

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Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 27 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 26,667 km/year (2,222 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details