Audi Lease Takeover in Winnipeg, MB: 2016 Audi Q5 sport - progressive S line Automatique AWD ID:#4256 • LeaseCosts Canada

Payment Analysis

637.00CAD/monthin Winnipeg, MB

Before Taxes:

637.00 CAD/month
294.00 CAD/bi-weekly
147.00 CAD/week
7,644.00 CAD/year

Incl. Manitoba Taxes (13%):

719.81 CAD/month
332.22 CAD/bi-weekly
166.11 CAD/week
8,637.72 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: 3,756 CAD

compared to leasing a BRAND NEW:

Audi Q5
for 24 months
in Manitoba
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	690
This Contract (CAD/month)	637
Monthly Difference	53 CAD/month
Remaining Term	x 52 months
Total Monthly Difference	= 2,756 CAD
+ Cash Incentive** (CAD)	+ 1,000
Total Savings (CAD)	= 3,756
	** "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: 57,124 CAD

Total Vehicle Debt: 56,576 CAD
Paid so Far: -1,548 CAD (-3% Paid)
Remaining Lease Payments: 33,124 CAD
Residual Value: 25,000 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: -1,548 CAD Total Vehicle Value: 56,576 CAD

-3% Paid

103%

Vehicle Debt Breakdown

Downpayment: 1,000 CAD Remaining Term: 33,124 CAD

Term Paid so Far: -2,548 CAD Residual Value: 25,000 CAD

-4%

58%

45%

Cost to Own

Already Paid: -1,548 CAD (-3%)

Cash Incentive: 1,000 CAD Buyout Price Today: 57,124 CAD

-3% Paid

102%

Additional Financing Details

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: 57,124 CAD

4.9%Interest Rate x 48 months
1,313 CAD/month + tax
Total Payable: 63,021 CAD
Total Interest: 5,897 CAD

8.9%Interest Rate x 48 months
1,419 CAD/month + tax
Total Payable: 68,103 CAD
Total Interest: 10,979 CAD

14.9%Interest Rate x 48 months
1,587 CAD/month + tax
Total Payable: 76,172 CAD
Total Interest: 19,048 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 52 months)

4.9%Interest Rate x 48 months
575 CAD/month + tax
Total Payable: 27,581 CAD
Total Interest: 2,581 CAD

8.9%Interest Rate x 48 months
621 CAD/month + tax
Total Payable: 29,805 CAD
Total Interest: 4,805 CAD

14.9%Interest Rate x 48 months
695 CAD/month + tax
Total Payable: 33,336 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)