Payment Analysis

1,173.10CAD/monthin Vancouver, BC
    Before Taxes:
  • 1,173.10 CAD/month
  • 541.43 CAD/bi-weekly
  • 270.72 CAD/week
  • 14,077.20 CAD/year
Incl. B.C. Taxes (12%):
  • 1,313.87 CAD/month
  • 606.40 CAD/bi-weekly
  • 303.20 CAD/week
  • 15,766.46 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: 8,406 ~ 9,306 CAD

compared to leasing a BRAND NEW:

  • Audi Q8 55 TFSI quattro Progressiv tiptronic
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,440
This Contract (CAD/month) 1,173
Monthly Difference 267 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 4,806 CAD
+ Cash Incentive** (CAD) + 2,800
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,406 ~ 9,306
** "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: 70,460 CAD
  • Total Vehicle Debt: 115,453 CAD
  • Paid so Far: 42,193 CAD (36% Paid)
  • Remaining Lease Payments: 21,116 CAD
  • Residual Value: 52,144 CAD
  • Cash Incentive: 2,800 CAD
Vehicle Debt & Value
Paid so far: 42,193 CAD Total Vehicle Value: 115,453 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 21,116 CAD
Term Paid so Far: 35,193 CAD Residual Value: 52,144 CAD
5%
31%
18%
46%
Cost to Own
Already Paid: 42,193 CAD (36%)
Cash Incentive: 2,800 CAD Buyout Price Today: 70,460 CAD
36% Paid
2%
62%
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: 70,460 CAD

  • 4.9%Interest Rate x 48 months
  • 1,619 CAD/month + tax
  • Total Payable: 77,734 CAD
  • Total Interest: 7,274 CAD
  • 8.9%Interest Rate x 48 months
  • 1,750 CAD/month + tax
  • Total Payable: 84,002 CAD
  • Total Interest: 13,543 CAD
  • 14.9%Interest Rate x 48 months
  • 1,957 CAD/month + tax
  • Total Payable: 93,954 CAD
  • Total Interest: 23,494 CAD

At the end of the Lease Contract

Residual Value: 52,144 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 1,198 CAD/month + tax
  • Total Payable: 57,527 CAD
  • Total Interest: 5,383 CAD
  • 8.9%Interest Rate x 48 months
  • 1,295 CAD/month + tax
  • Total Payable: 62,166 CAD
  • Total Interest: 10,022 CAD
  • 14.9%Interest Rate x 48 months
  • 1,449 CAD/month + tax
  • Total Payable: 69,531 CAD
  • Total Interest: 17,387 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)
29.84
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,800CAD incentive)
  • 34.40CAD/100km (TODAY without the Cash Incentive)
  • 87.98CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
33.45
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,800CAD incentive)
  • 38.57CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
786.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.35CAD
  • 307.69km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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