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 Analysis

The Lease Takeover Analysis "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.

For Leasing Purposes

With this deal, you are saving: 19,008 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 18 months
Total Monthly Difference = 19,008 CAD
Total Savings (CAD) = 19,008

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,840 CAD
  • Total Vehicle Debt: 67,617 CAD
  • Paid so Far: 24,777 CAD (36% Paid)
  • Remaining Lease Payments: 5,058 CAD
  • Residual Value: 37,782 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,777 CAD Total Vehicle Value: 67,617 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 5,058 CAD
Term Paid so Far: 4,777 CAD Residual Value: 37,782 CAD
29%
7%
7%
57%
Cost to Own
Already Paid: 24,777 CAD
Cash Incentive: 0 CAD Buyout Price Today: 42,840 CAD
36% Paid
0%
64%

Finance the remaining Debt Today

Remaining Term + Residual Value: 42,840 CAD

  • 2.9%Interest Rate x 48 months
  • 946 CAD/month + tax
  • Total Payable: 45,424 CAD
  • Total Interest: 2,584 CAD
  • 4.9%Interest Rate x 48 months
  • 985 CAD/month + tax
  • Total Payable: 47,263 CAD
  • Total Interest: 4,423 CAD
  • 5.9%Interest Rate x 48 months
  • 1,004 CAD/month + tax
  • Total Payable: 48,199 CAD
  • Total Interest: 5,359 CAD

At the end of the Lease Contract

Residual Value: 37,782 CAD (in 18 months)

  • 2.9%Interest Rate x 48 months
  • 835 CAD/month + tax
  • Total Payable: 40,061 CAD
  • Total Interest: 2,279 CAD
  • 4.9%Interest Rate x 48 months
  • 868 CAD/month + tax
  • Total Payable: 41,682 CAD
  • Total Interest: 3,900 CAD
  • 5.9%Interest Rate x 48 months
  • 886 CAD/month + tax
  • Total Payable: 42,508 CAD
  • Total Interest: 4,726 CAD