Payment Analysis

619.02CAD/monthin Edmonton, AB
    Before Taxes:
  • 619.02 CAD/month
  • 285.70 CAD/bi-weekly
  • 142.85 CAD/week
  • 7,428.24 CAD/year
Incl. Alberta Taxes (5%):
  • 649.97 CAD/month
  • 299.99 CAD/bi-weekly
  • 149.99 CAD/week
  • 7,799.65 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: 6,980 ~ 7,380 CAD

compared to leasing a BRAND NEW:

  • Audi Q5 quattro Progressiv
  • for 36 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 825
This Contract (CAD/month) 619
Monthly Difference 206 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 6,180 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,980 ~ 7,380

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,041 CAD
  • Total Vehicle Debt: 58,183 CAD
  • Paid so Far: 11,142 CAD (19% Paid)
  • Remaining Lease Payments: 18,571 CAD
  • Residual Value: 28,470 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,142 CAD Total Vehicle Value: 58,183 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,571 CAD
Term Paid so Far: 11,142 CAD Residual Value: 28,470 CAD
0%
19%
31%
50%
Cost to Own
Already Paid: 11,142 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 47,041 CAD
19% Paid
0%
81%
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: 47,041 CAD

  • 4.9%Interest Rate x 48 months
  • 1,081 CAD/month + tax
  • Total Payable: 51,897 CAD
  • Total Interest: 4,856 CAD
  • 8.9%Interest Rate x 48 months
  • 1,168 CAD/month + tax
  • Total Payable: 56,082 CAD
  • Total Interest: 9,041 CAD
  • 14.9%Interest Rate x 48 months
  • 1,307 CAD/month + tax
  • Total Payable: 62,726 CAD
  • Total Interest: 15,685 CAD

At the end of the Lease Contract

Residual Value: 28,470 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 654 CAD/month + tax
  • Total Payable: 31,409 CAD
  • Total Interest: 2,939 CAD
  • 8.9%Interest Rate x 48 months
  • 707 CAD/month + tax
  • Total Payable: 33,942 CAD
  • Total Interest: 5,472 CAD
  • 14.9%Interest Rate x 48 months
  • 791 CAD/month + tax
  • Total Payable: 37,963 CAD
  • Total Interest: 9,493 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)
29.81
  • + tax
  • + fuel
  • + insurance
(or 0.30CAD per km)
  • 37.14CAD/100km (Original Contract back in Oct, 2017)
Time Analysis
Cost per day: (CAD)
20.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
479.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 384.62km/week (Contract Original back in Oct, 2017)

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