Payment Analysis

718.11CAD/monthin Gatineau, QC
    Before Taxes:
  • 718.11 CAD/month
  • 331.44 CAD/bi-weekly
  • 165.72 CAD/week
  • 8,617.32 CAD/year
Incl. Québec Taxes (14.98%):
  • 825.68 CAD/month
  • 381.08 CAD/bi-weekly
  • 190.54 CAD/week
  • 9,908.19 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: 6,447 CAD

compared to leasing a BRAND NEW:

  • Audi SQ5 TFSI quattro Progressiv
  • for 42 months
  • in Quebec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,025
This Contract (CAD/month) 718
Monthly Difference 307 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 6,447 CAD
Total Savings (CAD) = 6,447

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,580 CAD
  • Total Vehicle Debt: 66,969 CAD
  • Paid so Far: 19,389 CAD (28% Paid)
  • Remaining Lease Payments: 15,080 CAD
  • Residual Value: 32,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,389 CAD Total Vehicle Value: 66,969 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,080 CAD
Term Paid so Far: 19,389 CAD Residual Value: 32,500 CAD
0%
28%
22%
50%
Cost to Own
Already Paid: 19,389 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 47,580 CAD
28% Paid
0%
72%
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: 47,580 CAD

  • 4.9%Interest Rate x 48 months
  • 1,094 CAD/month + tax
  • Total Payable: 52,492 CAD
  • Total Interest: 4,912 CAD
  • 8.9%Interest Rate x 48 months
  • 1,182 CAD/month + tax
  • Total Payable: 56,725 CAD
  • Total Interest: 9,145 CAD
  • 14.9%Interest Rate x 48 months
  • 1,322 CAD/month + tax
  • Total Payable: 63,446 CAD
  • Total Interest: 15,865 CAD

At the end of the Lease Contract

Residual Value: 32,500 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 747 CAD/month + tax
  • Total Payable: 35,855 CAD
  • Total Interest: 3,355 CAD
  • 8.9%Interest Rate x 48 months
  • 807 CAD/month + tax
  • Total Payable: 38,747 CAD
  • Total Interest: 6,247 CAD
  • 14.9%Interest Rate x 48 months
  • 903 CAD/month + tax
  • Total Payable: 43,337 CAD
  • Total Interest: 10,837 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)
26.46
  • + tax
  • + fuel
  • + insurance
(or 0.26CAD per km)
  • 53.86CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
23.61
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
626.37
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 307.69km/week (Contract Original back in Jul, 2018)