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Transfer Details

+ 1,000 cash
BMW Lease Takeover in Calgary, AB: 2020 BMW 228i X drive Automatic AWD ID:#35178
SAVE ~19,900 CAD
CAD/month x 42 months
2020 BMW 228i X drive (ID: #35178)
557
Calgary, AB
2020 BMW

228i X drive Automatic AWD Navigation w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 557 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 533 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 14,752 CAD
  • Months to End: 42 months (Jun, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 7,356 km total
  • Available Now: 25,327 km/year (2,111 per month)
  • Excess Km Cost: 0.64 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • 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.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

557.00CAD/monthin Calgary, AB
    Before Taxes:
  • 557.00 CAD/month
  • 257.08 CAD/bi-weekly
  • 128.54 CAD/week
  • 6,684.00 CAD/year
Incl. Alberta Taxes (5%):
  • 584.85 CAD/month
  • 269.93 CAD/bi-weekly
  • 134.97 CAD/week
  • 7,018.20 CAD/year

Estimate Insurance Costs

 

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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: 19,232 ~ 20,532 CAD

compared to leasing a BRAND NEW:

  • BMW M240i xDrive Coupe AWD
  • for 42 months
  • in AB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 953
This Contract (CAD/month) 557
Monthly Difference 396 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 16,632 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 19,232 ~ 20,532
** "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: 37,146 CAD
  • Total Vehicle Debt: 46,488 CAD
  • Paid so Far: 8,342 CAD (17% Paid)
  • Remaining Lease Payments: 23,394 CAD
  • Residual Value: 14,752 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 8,342 CAD Total Vehicle Value: 46,488 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 23,394 CAD
Term Paid so Far: 3,342 CAD Residual Value: 14,752 CAD
10%
7%
50%
33%
Cost to Own
Already Paid: 8,342 CAD (17%)
Cash Incentive: 1,000 CAD Buyout Price Today: 37,146 CAD
17% Paid
2%
81%
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: 37,146 CAD

  • 4.9%Interest Rate x 48 months
  • 854 CAD/month + tax
  • Total Payable: 40,981 CAD
  • Total Interest: 3,835 CAD
  • 8.9%Interest Rate x 48 months
  • 923 CAD/month + tax
  • Total Payable: 44,286 CAD
  • Total Interest: 7,140 CAD
  • 14.9%Interest Rate x 48 months
  • 1,032 CAD/month + tax
  • Total Payable: 49,532 CAD
  • Total Interest: 12,386 CAD

At the end of the Lease Contract

Residual Value: 14,752 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,275 CAD
  • Total Interest: 1,523 CAD
  • 8.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,587 CAD
  • Total Interest: 2,835 CAD
  • 14.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,671 CAD
  • Total Interest: 4,919 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)
25.26
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 26.39CAD/100km (TODAY without the Cash Incentive)
  • 27.85CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
17.53
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 18.31CAD/day (Original Contract back in Jun, 2021)
Remaining Km
Can be driven up to:
487.05
  • km/week
  • without any
  • additional costs
Excess km cost: 0.64CAD
  • 461.54km/week (Contract Original back in Jun, 2021)

Seller Contact Info

  • Location: Calgary, AB
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

Click here to MAKE AN OFFER

For more details about this contract, please contact the seller.

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