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: 27,654 ~ 28,554 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 33 months
Total Monthly Difference	= 24,354 CAD
+ Cash Incentive** (CAD)	+ 2,500
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 27,654 ~ 28,554
	** "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: 97,234 CAD

Total Vehicle Debt: 120,506 CAD
Paid so Far: 20,772 CAD (17% Paid)
Remaining Lease Payments: 45,041 CAD
Residual Value: 54,693 CAD
Cash Incentive: 2,500 CAD

Vehicle Debt & Value

Paid so far: 20,772 CAD Total Vehicle Value: 120,506 CAD

17% Paid

83%

Vehicle Debt Breakdown

Downpayment: 299 CAD Remaining Term: 45,041 CAD

Term Paid so Far: 20,473 CAD Residual Value: 54,693 CAD

17%

37%

46%

Cost to Own

Already Paid: 20,772 CAD (17%)

Cash Incentive: 2,500 CAD Buyout Price Today: 97,234 CAD

17% Paid

81%

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: 97,234 CAD

4.9%Interest Rate x 48 months
2,235 CAD/month + tax
Total Payable: 107,271 CAD
Total Interest: 10,038 CAD

8.9%Interest Rate x 48 months
2,415 CAD/month + tax
Total Payable: 115,922 CAD
Total Interest: 18,689 CAD

14.9%Interest Rate x 48 months
2,701 CAD/month + tax
Total Payable: 129,655 CAD
Total Interest: 32,422 CAD

At the end of the Lease Contract

Residual Value: 54,693 CAD (in 33 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)