Payment Analysis

1,186.10CAD/monthin Kelowna, BC
    Before Taxes:
  • 1,186.10 CAD/month
  • 547.43 CAD/bi-weekly
  • 273.72 CAD/week
  • 14,233.20 CAD/year
Incl. B.C. Taxes (12%):
  • 1,328.43 CAD/month
  • 613.12 CAD/bi-weekly
  • 306.56 CAD/week
  • 15,941.18 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: 16,950 ~ 17,850 CAD

compared to leasing a BRAND NEW:

  • Audi Q7 Technik
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,489
This Contract (CAD/month) 1,186
Monthly Difference 303 CAD/month
Remaining Term x 50 months
Total Monthly Difference = 15,150 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 16,950 ~ 17,850
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 98,937 CAD
  • Total Vehicle Debt: 99,815 CAD
  • Paid so Far: -121 CAD (-1% Paid)
  • Remaining Lease Payments: 59,305 CAD
  • Residual Value: 40,632 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -121 CAD Total Vehicle Value: 99,815 CAD
-1% Paid
101%
Vehicle Debt Breakdown
Downpayment: 3,437 CAD Remaining Term: 59,305 CAD
Term Paid so Far: -3,558 CAD Residual Value: 40,632 CAD
28%
-29%
59%
42%
Cost to Own
Already Paid: -121 CAD (-1%)
Cash Incentive: 1,000 CAD Buyout Price Today: 98,937 CAD
-1% Paid
1%
100%
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: 98,937 CAD

  • 4.9%Interest Rate x 48 months
  • 2,274 CAD/month + tax
  • Total Payable: 109,150 CAD
  • Total Interest: 10,214 CAD
  • 8.9%Interest Rate x 48 months
  • 2,457 CAD/month + tax
  • Total Payable: 117,953 CAD
  • Total Interest: 19,016 CAD
  • 14.9%Interest Rate x 48 months
  • 2,748 CAD/month + tax
  • Total Payable: 131,927 CAD
  • Total Interest: 32,990 CAD

At the end of the Lease Contract

Residual Value: 40,632 CAD (in 50 months)

  • 4.9%Interest Rate x 48 months
  • 934 CAD/month + tax
  • Total Payable: 44,826 CAD
  • Total Interest: 4,195 CAD
  • 8.9%Interest Rate x 48 months
  • 1,009 CAD/month + tax
  • Total Payable: 48,441 CAD
  • Total Interest: 7,810 CAD
  • 14.9%Interest Rate x 48 months
  • 1,129 CAD/month + tax
  • Total Payable: 54,180 CAD
  • Total Interest: 13,548 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)
118.19
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
38.34
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
227.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD

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