Payment Analysis

281.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 281.00 CAD/month
  • 129.69 CAD/bi-weekly
  • 64.85 CAD/week
  • 3,372.00 CAD/year
Incl. Ontario Taxes (13%):
  • 317.53 CAD/month
  • 146.55 CAD/bi-weekly
  • 73.28 CAD/week
  • 3,810.36 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: 52,800 CAD

compared to leasing a BRAND NEW:

  • Audi Q5 Technik w/ Comfort Interior Package & Advanced Driver Assistance Package
  • for 24 months
  • in Ontario
  • $0 down payment
  • 22,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,337
This Contract (CAD/month) 281
Monthly Difference 1,056 CAD/month
Remaining Term x 50 months
Total Monthly Difference = 52,800 CAD
Total Savings (CAD) = 52,800

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 51,832 CAD
  • Total Vehicle Debt: 67,617 CAD
  • Paid so Far: 15,785 CAD (23% Paid)
  • Remaining Lease Payments: 14,050 CAD
  • Residual Value: 37,782 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,785 CAD Total Vehicle Value: 67,617 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 14,050 CAD
Term Paid so Far: -4,215 CAD Residual Value: 37,782 CAD
29%
-6%
20%
57%
Cost to Own
Already Paid: 15,785 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 51,832 CAD
23% Paid
0%
77%
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: 51,832 CAD

  • 4.9%Interest Rate x 48 months
  • 1,191 CAD/month + tax
  • Total Payable: 57,183 CAD
  • Total Interest: 5,351 CAD
  • 8.9%Interest Rate x 48 months
  • 1,287 CAD/month + tax
  • Total Payable: 61,794 CAD
  • Total Interest: 9,962 CAD
  • 14.9%Interest Rate x 48 months
  • 1,440 CAD/month + tax
  • Total Payable: 69,115 CAD
  • Total Interest: 17,283 CAD

At the end of the Lease Contract

Residual Value: 37,782 CAD (in 50 months)

  • 4.9%Interest Rate x 48 months
  • 868 CAD/month + tax
  • Total Payable: 41,682 CAD
  • Total Interest: 3,900 CAD
  • 8.9%Interest Rate x 48 months
  • 938 CAD/month + tax
  • Total Payable: 45,044 CAD
  • Total Interest: 7,262 CAD
  • 14.9%Interest Rate x 48 months
  • 1,050 CAD/month + tax
  • Total Payable: 50,380 CAD
  • Total Interest: 12,598 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)
27.91
  • + tax
  • + fuel
  • + insurance
(or 0.28CAD per km)
Time Analysis
Cost per day: (CAD)
9.24
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
232.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

Similar Listings in Ottawa

CAD/month x 28 months
2023 BMW X4 xDrive30i (ID: #56609)
1,240
Ottawa
2023 BMW

X4 xDrive30i Automatique AWD ZD6 Premium Enchanced Package

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 1,240 CAD/month + tax
  • Original Downpayment: 3,398 CAD
  • Residual Value: 34,028 CAD
  • Months to End: 28 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 5,200 km total
  • Available Now: 18,343 km/year (1,529 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 12 months
2024 Hyundai Venue (ID: #53579)
524
Ottawa, ON
2024 Hyundai

Venue CVT 2WD Ultimate

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 524 CAD/month + tax
  • Residual Value: 21,959 CAD
  • Months to End: 12 months (Apr, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 2,693 km total
  • Available Now: 29,307 km/year (2,442 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 1,000 cash
CAD/month x 5 months
2020 Mercedes-Benz GLB250 4MATIC (ID: #52548)
642
Ottawa
2020 Mercedes-Benz

GLB250 4MATIC Automatique AWD Premium Package, Technology Package, Navigation Package, Metallic Paint

  • Winter Tires Included
Payment Details
  • Current Payment: 642 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 442 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 25,789 CAD
  • Months to End: 5 months (Oct, 2024)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 68,500 km total
  • Available Now: -2,400 km/year (-200 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
See all Details
CAD/month x 32 months
2023 Mercedes-Benz EQB 350 4Matic (ID: #50118)
1,156
Ottawa
2023 Mercedes-Benz

EQB 350 4Matic Automatique AWD Pinnacle Trim, Intelligent Drive, AMG Sport Package, First Class Protection Plan (Tire/Rim, Windshield, Interior/Exterior)

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,156 CAD/month + tax
  • Residual Value: 41,242 CAD
  • Months to End: 32 months (Dec, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 4,000 km total
  • Available Now: 34,500 km/year (2,875 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 29 months
2024 Volkswagen Atlas cross sport (ID: #58906)
988
Ottawa
2024 Volkswagen

Atlas cross sport Automatique AWD R Line

Payment Details
  • Current Payment: 988 CAD/month + tax
  • Months to End: 29 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 26,000 km total
  • Available Now: 22,345 km/year (1,862 per month)
See all Details
CAD/month x 10 months
2024 Subaru 2024 Subaru Forester Wilderness. (ID: #58671)
149
Ottawa, ON
2024 Subaru

2024 Subaru Forester Wilderness. CVT AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 149 CAD/month + tax
  • Original Downpayment: 15,104 CAD
  • Residual Value: 28,887 CAD
  • Months to End: 10 months (Feb, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 6,000 km total
  • Available Now: 38,800 km/year (3,233 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details