Payment Analysis
1,155.66CAD/monthin Kitchener, ON
- 1,155.66 CAD/month
- 533.38 CAD/bi-weekly
- 266.69 CAD/week
- 13,867.92 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,305.90 CAD/month
- 602.72 CAD/bi-weekly
- 301.36 CAD/week
- 15,670.75 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:
11,944 ~ 13,244 CAD
compared to leasing a BRAND NEW:
- Audi Q7 quattro Technik
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,423 |
|---|---|
| This Contract (CAD/month) | 1,156 |
| Monthly Difference | 268 CAD/month |
| Remaining Term | x 33 months |
| Total Monthly Difference | = 8,844 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 11,944 ~ 13,244 |
| ** "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:
75,221 CAD
- Total Vehicle Debt: 94,056 CAD
- Paid so Far: 17,335 CAD (18% Paid)
- Remaining Lease Payments: 38,137 CAD
- Residual Value: 38,584 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 17,335 CAD Total Vehicle Value: 94,056 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 38,137 CAD
Term Paid so Far: 17,335 CAD Residual Value: 38,584 CAD
Cost to Own
Already Paid: 17,335 CAD (18%)
Cash Incentive: 1,500 CAD Buyout Price Today: 75,221 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: 75,221 CAD
- 4.9%Interest Rate x 48 months
- 1,729 CAD/month + tax
- Total Payable: 82,986 CAD
- Total Interest: 7,765 CAD
- 8.9%Interest Rate x 48 months
- 1,868 CAD/month + tax
- Total Payable: 89,679 CAD
- Total Interest: 14,458 CAD
- 14.9%Interest Rate x 48 months
- 2,090 CAD/month + tax
- Total Payable: 100,303 CAD
- Total Interest: 25,082 CAD
At the end of the Lease Contract
Residual Value: 38,584 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 887 CAD/month + tax
- Total Payable: 42,567 CAD
- Total Interest: 3,983 CAD
- 8.9%Interest Rate x 48 months
- 958 CAD/month + tax
- Total Payable: 46,000 CAD
- Total Interest: 7,416 CAD
- 14.9%Interest Rate x 48 months
- 1,072 CAD/month + tax
- Total Payable: 51,450 CAD
- Total Interest: 12,866 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)
60.76
- + tax
- + fuel
- + insurance
- 63.25CAD/100km (TODAY without the Cash Incentive)
- 69.34CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
36.50
- + tax
- + insurance
- + km driven & fuel
- 37.99CAD/day (Original Contract back in Jul, 2017)
Remaining Km
Can be driven up to:
421.68
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2017)
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