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: 10,680 ~ 11,580 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 10 months
Total Monthly Difference = 7,380 CAD
+ Cash Incentive** (CAD) + 2,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 10,680 ~ 11,580
** "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: 65,841 CAD
  • Total Vehicle Debt: 120,506 CAD
  • Paid so Far: 52,164 CAD (43% Paid)
  • Remaining Lease Payments: 13,649 CAD
  • Residual Value: 54,693 CAD
  • Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 52,164 CAD Total Vehicle Value: 120,506 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 299 CAD Remaining Term: 13,649 CAD
Term Paid so Far: 51,865 CAD Residual Value: 54,693 CAD
0%
43%
11%
46%
Cost to Own
Already Paid: 52,164 CAD (43%)
Cash Incentive: 2,500 CAD Buyout Price Today: 65,841 CAD
43% Paid
2%
55%
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: 65,841 CAD

  • 4.9%Interest Rate x 48 months
  • 1,513 CAD/month + tax
  • Total Payable: 72,638 CAD
  • Total Interest: 6,797 CAD
  • 8.9%Interest Rate x 48 months
  • 1,635 CAD/month + tax
  • Total Payable: 78,496 CAD
  • Total Interest: 12,655 CAD
  • 14.9%Interest Rate x 48 months
  • 1,829 CAD/month + tax
  • Total Payable: 87,796 CAD
  • Total Interest: 21,954 CAD

At the end of the Lease Contract

Residual Value: 54,693 CAD (in 10 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)

Distance Analysis
Cost to drive 100km: (CAD)
23.08
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,500CAD incentive)
  • 28.26CAD/100km (TODAY without the Cash Incentive)
  • 102.37CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
36.65
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,500CAD incentive)
  • 44.87CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
1,114.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.35CAD
  • 307.69km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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