Payment Analysis

585CAD/monthin Montreal, QC
    Before Taxes:
  • 585.00 CAD/month
  • 270.00 CAD/bi-weekly
  • 135.00 CAD/week
  • 7,020.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 672.63 CAD/month
  • 310.45 CAD/bi-weekly
  • 155.22 CAD/week
  • 8,071.60 CAD/year

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: 8,850 ~ 9,750 CAD

compared to leasing a BRAND NEW:

  • Audi Q3 2.0 TFSI Quattro Progressiv
  • for 24 months
  • in Quebec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 827
This Contract (CAD/month) 585
Monthly Difference 242 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 6,050 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,850 ~ 9,750
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today, it would cost: 33,625 CAD
  • Total Vehicle Debt: 41,475 CAD
  • Paid so Far: 5,850 CAD (14% Paid)
  • Remaining Lease Payments: 14,625 CAD
  • Residual Value: 21,000 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 5,850 CAD Total Vehicle Value: 41,475 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,625 CAD
Term Paid so Far: 5,850 CAD Residual Value: 21,000 CAD
0%
14%
35%
51%
Cost to Own
Already Paid: 5,850 CAD
Cash Incentive: 2,000 CAD Buyout Price Today: 33,625 CAD
14% Paid
4%
82%

Finance the remaining Debt Today

Remaining Term + Residual Value: 33,625 CAD

  • 2.9%Interest Rate x 48 months
  • 743 CAD/month + tax
  • Total Payable: 35,654 CAD
  • Total Interest: 2,029 CAD
  • 4.9%Interest Rate x 48 months
  • 773 CAD/month + tax
  • Total Payable: 37,096 CAD
  • Total Interest: 3,471 CAD
  • 5.9%Interest Rate x 48 months
  • 788 CAD/month + tax
  • Total Payable: 37,831 CAD
  • Total Interest: 4,206 CAD

At the end of the Lease Contract

Residual Value: 21,000 CAD (in 25 months)

  • 2.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,267 CAD
  • Total Interest: 1,267 CAD
  • 4.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,168 CAD
  • Total Interest: 2,168 CAD
  • 5.9%Interest Rate x 48 months
  • 492 CAD/month + tax
  • Total Payable: 23,627 CAD
  • Total Interest: 2,627 CAD