Payment Analysis

777.00CAD/monthin North York, ON
    Before Taxes:
  • 777.00 CAD/month
  • 358.62 CAD/bi-weekly
  • 179.31 CAD/week
  • 9,324.00 CAD/year
Incl. Ontario Taxes (13%):
  • 878.01 CAD/month
  • 405.24 CAD/bi-weekly
  • 202.62 CAD/week
  • 10,536.12 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: 3,700 ~ 5,000 CAD

compared to leasing a BRAND NEW:

  • Audi S5 Techniq
  • for 39 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 848
This Contract (CAD/month) 777
Monthly Difference 70 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 2,100 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,700 ~ 5,000

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 57,860 CAD
  • Total Vehicle Debt: 76,169 CAD
  • Paid so Far: 18,309 CAD (24% Paid)
  • Remaining Lease Payments: 23,310 CAD
  • Residual Value: 34,550 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,309 CAD Total Vehicle Value: 76,169 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 5,100 CAD Remaining Term: 23,310 CAD
Term Paid so Far: 13,209 CAD Residual Value: 34,550 CAD
6%
18%
30%
46%
Cost to Own
Already Paid: 18,309 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 57,860 CAD
24% Paid
0%
76%
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: 57,860 CAD

  • 4.9%Interest Rate x 48 months
  • 1,330 CAD/month + tax
  • Total Payable: 63,833 CAD
  • Total Interest: 5,973 CAD
  • 8.9%Interest Rate x 48 months
  • 1,437 CAD/month + tax
  • Total Payable: 68,981 CAD
  • Total Interest: 11,121 CAD
  • 14.9%Interest Rate x 48 months
  • 1,607 CAD/month + tax
  • Total Payable: 77,153 CAD
  • Total Interest: 19,293 CAD

At the end of the Lease Contract

Residual Value: 34,550 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 794 CAD/month + tax
  • Total Payable: 38,117 CAD
  • Total Interest: 3,567 CAD
  • 8.9%Interest Rate x 48 months
  • 858 CAD/month + tax
  • Total Payable: 41,191 CAD
  • Total Interest: 6,641 CAD
  • 14.9%Interest Rate x 48 months
  • 960 CAD/month + tax
  • Total Payable: 46,070 CAD
  • Total Interest: 11,520 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)
32.68
  • + tax
  • + fuel
  • + insurance
(or 0.33CAD per km)
  • 46.62CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
25.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
548.72
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

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