Lease Takeover Analysis

The Lease Takeover Analysis is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference.

For Leasing Purposes

With this deal, you are saving: 24,288 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 23 months
Total Monthly Difference = 24,288 CAD
Total Savings (CAD) = 24,288

For Buyout Purposes

To own this vehicle today, it would cost: 44,245 CAD
  • Total Vehicle Debt: 67,617 CAD
  • Paid so Far: 23,372 CAD (34% Paid)
  • Remaining Lease Payments: 6,463 CAD
  • Residual Value: 37,782 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,372 CAD Total Vehicle Value: 67,617 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 6,463 CAD
Term Paid so Far: 3,372 CAD Residual Value: 37,782 CAD
29%
5%
9%
57%
Cost to Own
Already Paid: 23,372 CAD
Cash Incentive: 0 CAD Buyout Price Today: 44,245 CAD
34% Paid
0%
66%

Finance the remaining Debt Today

Remaining Term + Residual Value: 44,245 CAD

  • 2.9%Interest Rate x 48 months
  • 977 CAD/month + tax
  • Total Payable: 46,914 CAD
  • Total Interest: 2,669 CAD
  • 4.9%Interest Rate x 48 months
  • 1,017 CAD/month + tax
  • Total Payable: 48,813 CAD
  • Total Interest: 4,568 CAD
  • 5.9%Interest Rate x 48 months
  • 1,037 CAD/month + tax
  • Total Payable: 49,779 CAD
  • Total Interest: 5,534 CAD

At the end of the Lease Contract

Residual Value: 37,782 CAD (in 23 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