Payment Analysis

281.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 281.00 CAD/month
  • 129.69 CAD/bi-weekly
  • 64.85 CAD/week
  • 3,372.00 CAD/year
Incl. Ontario Taxes (13%):
  • 317.53 CAD/month
  • 146.55 CAD/bi-weekly
  • 73.28 CAD/week
  • 3,810.36 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: 71,808 CAD

compared to leasing a BRAND NEW:

  • Audi Q5 Technik w/ Comfort Interior Package & Advanced Driver Assistance Package
  • for 24 months
  • in Ontario
  • $0 down payment
  • 22,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,337
This Contract (CAD/month) 281
Monthly Difference 1,056 CAD/month
Remaining Term x 68 months
Total Monthly Difference = 71,808 CAD
Total Savings (CAD) = 71,808

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 56,890 CAD
  • Total Vehicle Debt: 67,617 CAD
  • Paid so Far: 10,727 CAD (15% Paid)
  • Remaining Lease Payments: 19,108 CAD
  • Residual Value: 37,782 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,727 CAD Total Vehicle Value: 67,617 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 19,108 CAD
Term Paid so Far: -9,273 CAD Residual Value: 37,782 CAD
27%
-12%
28%
57%
Cost to Own
Already Paid: 10,727 CAD (15%)
Cash Incentive: 0 CAD Buyout Price Today: 56,890 CAD
15% Paid
0%
85%
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: 56,890 CAD

  • 4.9%Interest Rate x 48 months
  • 1,308 CAD/month + tax
  • Total Payable: 62,763 CAD
  • Total Interest: 5,873 CAD
  • 8.9%Interest Rate x 48 months
  • 1,413 CAD/month + tax
  • Total Payable: 67,824 CAD
  • Total Interest: 10,934 CAD
  • 14.9%Interest Rate x 48 months
  • 1,580 CAD/month + tax
  • Total Payable: 75,860 CAD
  • Total Interest: 18,970 CAD

At the end of the Lease Contract

Residual Value: 37,782 CAD (in 68 months)

  • 4.9%Interest Rate x 48 months
  • 868 CAD/month + tax
  • Total Payable: 41,682 CAD
  • Total Interest: 3,900 CAD
  • 8.9%Interest Rate x 48 months
  • 938 CAD/month + tax
  • Total Payable: 45,044 CAD
  • Total Interest: 7,262 CAD
  • 14.9%Interest Rate x 48 months
  • 1,050 CAD/month + tax
  • Total Payable: 50,380 CAD
  • Total Interest: 12,598 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)
37.96
  • + tax
  • + fuel
  • + insurance
(or 0.38CAD per km)
Time Analysis
Cost per day: (CAD)
9.24
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
170.81
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

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