Payment Analysis
629.00CAD/monthin Toronto, ON
- 629.00 CAD/month
- 290.31 CAD/bi-weekly
- 145.15 CAD/week
- 7,548.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 710.77 CAD/month
- 328.05 CAD/bi-weekly
- 164.02 CAD/week
- 8,529.24 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:
28,752 ~ 30,052 CAD
compared to leasing a BRAND NEW:
- Audi RS 3
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,213 |
|---|---|
| This Contract (CAD/month) | 629 |
| Monthly Difference | 583 CAD/month |
| Remaining Term | x 44 months |
| Total Monthly Difference | = 25,652 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 28,752 ~ 30,052 |
| ** "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:
63,176 CAD
- Total Vehicle Debt: 76,644 CAD
- Paid so Far: 11,968 CAD (15% Paid)
- Remaining Lease Payments: 27,676 CAD
- Residual Value: 37,000 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 11,968 CAD Total Vehicle Value: 76,644 CAD
Vehicle Debt Breakdown
Downpayment: 17,000 CAD Remaining Term: 27,676 CAD
Term Paid so Far: -5,032 CAD Residual Value: 37,000 CAD
Cost to Own
Already Paid: 11,968 CAD (15%)
Cash Incentive: 1,500 CAD Buyout Price Today: 63,176 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: 63,176 CAD
- 4.9%Interest Rate x 48 months
- 1,452 CAD/month + tax
- Total Payable: 69,698 CAD
- Total Interest: 6,522 CAD
- 8.9%Interest Rate x 48 months
- 1,569 CAD/month + tax
- Total Payable: 75,319 CAD
- Total Interest: 12,143 CAD
- 14.9%Interest Rate x 48 months
- 1,755 CAD/month + tax
- Total Payable: 84,242 CAD
- Total Interest: 21,066 CAD
At the end of the Lease Contract
Residual Value: 37,000 CAD (in 44 months)
- 4.9%Interest Rate x 48 months
- 850 CAD/month + tax
- Total Payable: 40,820 CAD
- Total Interest: 3,820 CAD
- 8.9%Interest Rate x 48 months
- 919 CAD/month + tax
- Total Payable: 44,112 CAD
- Total Interest: 7,112 CAD
- 14.9%Interest Rate x 48 months
- 1,028 CAD/month + tax
- Total Payable: 49,337 CAD
- Total Interest: 12,337 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)
60.87
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
19.56
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
225.52
- km/week
- without any
- additional costs
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