Audi Lease Takeover in Edmonton, AB: 2019 Audi Q8 Technik TFSI Quattro Automatique AWD ID:#23391 • LeaseCosts Canada

Payment Analysis

1,364.88CAD/monthin Edmonton, AB

Before Taxes:

1,364.88 CAD/month
629.94 CAD/bi-weekly
314.97 CAD/week
16,378.56 CAD/year

Incl. Alberta Taxes (5%):

1,433.12 CAD/month
661.44 CAD/bi-weekly
330.72 CAD/week
17,197.49 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: 25,440 ~ 26,340 CAD

compared to leasing a BRAND NEW:

Audi Q8 Technik TFSI Quattro Automatic AWD w/ Drivers Assistance + S Line Sport +
for 24 months
in AB
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	2,102
This Contract (CAD/month)	1,365
Monthly Difference	738 CAD/month
Remaining Term	x 30 months
Total Monthly Difference	= 22,140 CAD
+ Cash Incentive** (CAD)	+ 2,500
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 25,440 ~ 26,340
	** "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: 93,139 CAD

Total Vehicle Debt: 120,506 CAD
Paid so Far: 24,867 CAD (20% Paid)
Remaining Lease Payments: 40,946 CAD
Residual Value: 54,693 CAD
Cash Incentive: 2,500 CAD

Vehicle Debt & Value

Paid so far: 24,867 CAD Total Vehicle Value: 120,506 CAD

20% Paid

80%

Vehicle Debt Breakdown

Downpayment: 299 CAD Remaining Term: 40,946 CAD

Term Paid so Far: 24,568 CAD Residual Value: 54,693 CAD

20%

34%

46%

Cost to Own

Already Paid: 24,867 CAD (20%)

Cash Incentive: 2,500 CAD Buyout Price Today: 93,139 CAD

20% Paid

78%

Additional Financing Details

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: 93,139 CAD

4.9%Interest Rate x 48 months
2,141 CAD/month + tax
Total Payable: 102,754 CAD
Total Interest: 9,615 CAD

8.9%Interest Rate x 48 months
2,313 CAD/month + tax
Total Payable: 111,041 CAD
Total Interest: 17,902 CAD

14.9%Interest Rate x 48 months
2,587 CAD/month + tax
Total Payable: 124,196 CAD
Total Interest: 31,057 CAD

At the end of the Lease Contract

Residual Value: 54,693 CAD (in 30 months)

4.9%Interest Rate x 48 months
1,257 CAD/month + tax
Total Payable: 60,339 CAD
Total Interest: 5,646 CAD

8.9%Interest Rate x 48 months
1,358 CAD/month + tax
Total Payable: 65,205 CAD
Total Interest: 10,512 CAD

14.9%Interest Rate x 48 months
1,519 CAD/month + tax
Total Payable: 72,929 CAD
Total Interest: 18,237 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)