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: 9,334 ~ 10,234 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 27 months
Total Monthly Difference = 6,534 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,334 ~ 10,234
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today, it would cost: 34,795 CAD
  • Total Vehicle Debt: 41,475 CAD
  • Paid so Far: 4,680 CAD (11% Paid)
  • Remaining Lease Payments: 15,795 CAD
  • Residual Value: 21,000 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 4,680 CAD Total Vehicle Value: 41,475 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,795 CAD
Term Paid so Far: 4,680 CAD Residual Value: 21,000 CAD
0%
11%
38%
51%
Cost to Own
Already Paid: 4,680 CAD
Cash Incentive: 2,000 CAD Buyout Price Today: 34,795 CAD
11% Paid
4%
85%

Finance the remaining Debt Today

Remaining Term + Residual Value: 34,795 CAD

  • 2.9%Interest Rate x 48 months
  • 769 CAD/month + tax
  • Total Payable: 36,894 CAD
  • Total Interest: 2,099 CAD
  • 4.9%Interest Rate x 48 months
  • 800 CAD/month + tax
  • Total Payable: 38,387 CAD
  • Total Interest: 3,592 CAD
  • 5.9%Interest Rate x 48 months
  • 816 CAD/month + tax
  • Total Payable: 39,147 CAD
  • Total Interest: 4,352 CAD

At the end of the Lease Contract

Residual Value: 21,000 CAD (in 27 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