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: 12,748 ~ 13,148 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 58 months
Total Monthly Difference = 11,948 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 12,748 ~ 13,148

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 64,373 CAD
  • Total Vehicle Debt: 58,183 CAD
  • Paid so Far: -6,190 CAD (-11% Paid)
  • Remaining Lease Payments: 35,903 CAD
  • Residual Value: 28,470 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -6,190 CAD Total Vehicle Value: 58,183 CAD
-11% Paid
111%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 35,903 CAD
Term Paid so Far: -6,190 CAD Residual Value: 28,470 CAD
0%
-11%
61%
50%
Cost to Own
Already Paid: -6,190 CAD (-11%)
Cash Incentive: 0 CAD Buyout Price Today: 64,373 CAD
-11% Paid
0%
111%
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: 64,373 CAD

  • 4.9%Interest Rate x 48 months
  • 1,480 CAD/month + tax
  • Total Payable: 71,019 CAD
  • Total Interest: 6,645 CAD
  • 8.9%Interest Rate x 48 months
  • 1,599 CAD/month + tax
  • Total Payable: 76,746 CAD
  • Total Interest: 12,373 CAD
  • 14.9%Interest Rate x 48 months
  • 1,788 CAD/month + tax
  • Total Payable: 85,838 CAD
  • Total Interest: 21,465 CAD

At the end of the Lease Contract

Residual Value: 28,470 CAD (in 58 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)
57.63
  • + tax
  • + fuel
  • + insurance
(or 0.58CAD per km)
Time Analysis
Cost per day: (CAD)
20.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
247.88
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

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