Payment Analysis

636.00CAD/monthin Regina, SK
    Before Taxes:
  • 636.00 CAD/month
  • 293.54 CAD/bi-weekly
  • 146.77 CAD/week
  • 7,632.00 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 705.96 CAD/month
  • 325.83 CAD/bi-weekly
  • 162.91 CAD/week
  • 8,471.52 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: 6,860 CAD

compared to leasing a BRAND NEW:

  • BMW X1 28i
  • for 24 months
  • in SK
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 971
This Contract (CAD/month) 636
Monthly Difference 335 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 5,360 CAD
+ Cash Incentive** (CAD) + 1,500
Total Savings (CAD) = 6,860
** "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: 30,676 CAD
  • Total Vehicle Debt: 53,428 CAD
  • Paid so Far: 21,252 CAD (39% Paid)
  • Remaining Lease Payments: 10,176 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 21,252 CAD Total Vehicle Value: 53,428 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 900 CAD Remaining Term: 10,176 CAD
Term Paid so Far: 20,352 CAD Residual Value: 22,000 CAD
1%
38%
19%
42%
Cost to Own
Already Paid: 21,252 CAD (39%)
Cash Incentive: 1,500 CAD Buyout Price Today: 30,676 CAD
39% Paid
2%
59%
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: 30,676 CAD

  • 4.9%Interest Rate x 48 months
  • 705 CAD/month + tax
  • Total Payable: 33,843 CAD
  • Total Interest: 3,167 CAD
  • 8.9%Interest Rate x 48 months
  • 762 CAD/month + tax
  • Total Payable: 36,572 CAD
  • Total Interest: 5,896 CAD
  • 14.9%Interest Rate x 48 months
  • 852 CAD/month + tax
  • Total Payable: 40,905 CAD
  • Total Interest: 10,229 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,271 CAD
  • Total Interest: 2,271 CAD
  • 8.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,228 CAD
  • Total Interest: 4,228 CAD
  • 14.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,336 CAD
  • Total Interest: 7,336 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)

Distance Analysis
Cost to drive 100km: (CAD)
44.49
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 52.18CAD/100km (TODAY without the Cash Incentive)
  • 63.60CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
17.83
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 20.91CAD/day (Original Contract back in Jan, 2019)
Remaining Km
Can be driven up to:
281.25
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 230.77km/week (Contract Original back in Jan, 2019)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 804 CAD/month + tax
  • Original Downpayment: 5,383 CAD
  • Residual Value: 52,191 CAD
  • Months to End: 6 months (Nov, 2023)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 33,580 km total
  • Available Now: 24,840 km/year (2,070 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
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