Payment Analysis

545.00CAD/monthin Halifax, NS
    Before Taxes:
  • 545.00 CAD/month
  • 251.54 CAD/bi-weekly
  • 125.77 CAD/week
  • 6,540.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 626.75 CAD/month
  • 289.27 CAD/bi-weekly
  • 144.63 CAD/week
  • 7,521.00 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: 13,302 ~ 13,702 CAD

compared to leasing a BRAND NEW:

  • Audi Q5 Progressiv
  • for 24 months
  • in Nova Scotia
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 875
This Contract (CAD/month) 545
Monthly Difference 329 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 12,502 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 13,302 ~ 13,702

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 45,709 CAD
  • Total Vehicle Debt: 54,614 CAD
  • Paid so Far: 8,905 CAD (16% Paid)
  • Remaining Lease Payments: 20,710 CAD
  • Residual Value: 24,999 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,905 CAD Total Vehicle Value: 54,614 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 20,710 CAD
Term Paid so Far: 4,905 CAD Residual Value: 24,999 CAD
7%
9%
38%
46%
Cost to Own
Already Paid: 8,905 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 45,709 CAD
16% Paid
0%
84%
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: 45,709 CAD

  • 4.9%Interest Rate x 48 months
  • 1,051 CAD/month + tax
  • Total Payable: 50,428 CAD
  • Total Interest: 4,719 CAD
  • 8.9%Interest Rate x 48 months
  • 1,135 CAD/month + tax
  • Total Payable: 54,494 CAD
  • Total Interest: 8,785 CAD
  • 14.9%Interest Rate x 48 months
  • 1,270 CAD/month + tax
  • Total Payable: 60,950 CAD
  • Total Interest: 15,241 CAD

At the end of the Lease Contract

Residual Value: 24,999 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,580 CAD
  • Total Interest: 2,581 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,804 CAD
  • Total Interest: 4,805 CAD
  • 14.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,335 CAD
  • Total Interest: 8,336 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)
73.53
  • + tax
  • + fuel
  • + insurance
(or 0.74CAD per km)
Time Analysis
Cost per day: (CAD)
17.92
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
171.05
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Similar Listings in Halifax

CAD/month x 42 months
2017 BMW 28i xDrive xLine (ID: #52923)
430
Halifax, NS
2017 BMW

28i xDrive xLine Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 430 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Months to End: 42 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 135,000 km total
  • Available Now: -10,000 km/year (-833 per month)
See all Details
CAD/month x 33 months
2022 Mercedes-Benz Glc300 (ID: #51749)
1,000
Bedford
2022 Mercedes-Benz

Glc300 Automatique AWD Intelligence light package + premium package+amg package +

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,000 CAD/month + tax
  • Original Downpayment: 4,000 CAD
  • Residual Value: 31,151 CAD
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 10,500 km total
  • Available Now: 12,545 km/year (1,045 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
CAD/month x 22 months
2022 Ford SEL Hybrid (ID: #51748)
256
Bridgewater, Nova Scotia
2022 Ford

SEL Hybrid Automatique AWD Leather interior, new tires

Payment Details
  • Current Payment: 256 CAD/month + tax
  • Residual Value: 15,682 CAD
  • Months to End: 22 months (Mar, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 53,000 km total
  • Available Now: 12,909 km/year (1,076 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
+ 3,000 cash
CAD/month x 27 months
2022 Mazda Signature (ID: #43296)
760
Kingston Nova Scotia
2022 Mazda

Signature Automatique AWD Turbo AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 760 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 649 CAD/month + tax
  • Residual Value: 17,000 CAD
  • Months to End: 27 months (Aug, 2026)
Vehicle Status
  • Contract Allowance: 45,000 km/year
  • Current Odometer: 4,000 km total
  • Available Now: 78,222 km/year (6,519 per month)
See all Details