This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 2,000 cash
Lease Transfer BMW Lease Takeover in Calgary, AB: 2020 BMW M340i xDrive Automatic AWD
SAVE ~7,200 CAD
CAD/month x 17 months
2020 BMW M340i xDrive (ID: #17028)
1,147
Calgary, AB
2020 BMW

M340i xDrive Automatic AWD w/ Premium Excellence Package

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,147 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 1,029 CAD/month + tax
  • Residual Value: 33,649 CAD
  • Months to End: 17 months (Jan, 2024)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 14,500 km total
  • Available Now: 34,941 km/year (2,912 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

1,146.86CAD/monthin Calgary, AB
    Before Taxes:
  • 1,146.86 CAD/month
  • 529.32 CAD/bi-weekly
  • 264.66 CAD/week
  • 13,762.32 CAD/year
Incl. Alberta Taxes (5%):
  • 1,204.20 CAD/month
  • 555.79 CAD/bi-weekly
  • 277.89 CAD/week
  • 14,450.44 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: 6,541 ~ 7,841 CAD

compared to leasing a BRAND NEW:

  • M340i xDrive Automatic AWD w/ Premium Excellence Package
  • for 48 months
  • in Alberta
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,319
This Contract (CAD/month) 1,147
Monthly Difference 173 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 2,941 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,541 ~ 7,841
** "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: 51,146 CAD
  • Total Vehicle Debt: 88,698 CAD
  • Paid so Far: 35,553 CAD (40% Paid)
  • Remaining Lease Payments: 19,497 CAD
  • Residual Value: 33,649 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 35,553 CAD Total Vehicle Value: 88,698 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,497 CAD
Term Paid so Far: 35,553 CAD Residual Value: 33,649 CAD
0%
40%
22%
38%
Cost to Own
Already Paid: 35,553 CAD (40%)
Cash Incentive: 2,000 CAD Buyout Price Today: 51,146 CAD
40% Paid
2%
58%
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: 51,146 CAD

  • 4.9%Interest Rate x 48 months
  • 1,176 CAD/month + tax
  • Total Payable: 56,426 CAD
  • Total Interest: 5,280 CAD
  • 8.9%Interest Rate x 48 months
  • 1,270 CAD/month + tax
  • Total Payable: 60,976 CAD
  • Total Interest: 9,830 CAD
  • 14.9%Interest Rate x 48 months
  • 1,421 CAD/month + tax
  • Total Payable: 68,200 CAD
  • Total Interest: 17,054 CAD

At the end of the Lease Contract

Residual Value: 33,649 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 773 CAD/month + tax
  • Total Payable: 37,123 CAD
  • Total Interest: 3,474 CAD
  • 8.9%Interest Rate x 48 months
  • 836 CAD/month + tax
  • Total Payable: 40,116 CAD
  • Total Interest: 6,467 CAD
  • 14.9%Interest Rate x 48 months
  • 935 CAD/month + tax
  • Total Payable: 44,869 CAD
  • Total Interest: 11,220 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)
35.35
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 39.39CAD/100km (TODAY without the Cash Incentive)
  • 86.01CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
33.84
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 37.70CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
671.95
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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