Payment Analysis

1,550.00CAD/monthin Oakville, ON
    Before Taxes:
  • 1,550.00 CAD/month
  • 715.38 CAD/bi-weekly
  • 357.69 CAD/week
  • 18,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,751.50 CAD/month
  • 808.38 CAD/bi-weekly
  • 404.19 CAD/week
  • 21,018.00 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: 4,080 ~ 5,380 CAD

compared to leasing a BRAND NEW:

  • Audi Q8 55 TFSI quattro Technik tiptronic
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,674
This Contract (CAD/month) 1,550
Monthly Difference 124 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 2,480 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,080 ~ 5,380

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 80,850 CAD
  • Total Vehicle Debt: 122,700 CAD
  • Paid so Far: 41,850 CAD (34% Paid)
  • Remaining Lease Payments: 31,000 CAD
  • Residual Value: 49,850 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 41,850 CAD Total Vehicle Value: 122,700 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 31,000 CAD
Term Paid so Far: 41,850 CAD Residual Value: 49,850 CAD
0%
34%
25%
41%
Cost to Own
Already Paid: 41,850 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 80,850 CAD
34% Paid
0%
66%
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: 80,850 CAD

  • 4.9%Interest Rate x 48 months
  • 1,858 CAD/month + tax
  • Total Payable: 89,196 CAD
  • Total Interest: 8,346 CAD
  • 8.9%Interest Rate x 48 months
  • 2,008 CAD/month + tax
  • Total Payable: 96,390 CAD
  • Total Interest: 15,540 CAD
  • 14.9%Interest Rate x 48 months
  • 2,246 CAD/month + tax
  • Total Payable: 107,809 CAD
  • Total Interest: 26,959 CAD

At the end of the Lease Contract

Residual Value: 49,850 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 1,146 CAD/month + tax
  • Total Payable: 54,996 CAD
  • Total Interest: 5,146 CAD
  • 8.9%Interest Rate x 48 months
  • 1,238 CAD/month + tax
  • Total Payable: 59,431 CAD
  • Total Interest: 9,581 CAD
  • 14.9%Interest Rate x 48 months
  • 1,385 CAD/month + tax
  • Total Payable: 66,472 CAD
  • Total Interest: 16,622 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)
58.13
  • + tax
  • + fuel
  • + insurance
(or 0.58CAD per km)
  • 93.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
50.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
615.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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