Vehicle Photos
Transfer Details
+ 1,500 cash
SAVE ~14,600 CAD
CAD/month x 20 months
2021 BMW M 340i w/ M Performance (ID: #45931)
1,463
Calgary, AB
2021 BMW
M 340i w/ M Performance Automatic AWD + Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 1,463 CAD/month + tax
- Cash Incentive: 1,500 CAD
- Payment After Incentive: 1,388 CAD/month + tax
- Residual Value: 38,023 CAD
- Months to End: 20 months (Feb, 2025)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 14,500 km total
- Available Now: 20,100 km/year (1,675 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
1,462.90CAD/monthin Calgary, AB
- 1,462.90 CAD/month
- 675.18 CAD/bi-weekly
- 337.59 CAD/week
- 17,554.80 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 1,536.05 CAD/month
- 708.94 CAD/bi-weekly
- 354.47 CAD/week
- 18,432.54 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:
13,960 ~ 15,260 CAD
compared to leasing a BRAND NEW:
- 2023 BMW M340i xDrive Sedan
- for 12 months
- in Alberta
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 2,005 |
|---|---|
| This Contract (CAD/month) | 1,463 |
| Monthly Difference | 543 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 10,860 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 13,960 ~ 15,260 |
| ** "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:
65,781 CAD
- Total Vehicle Debt: 108,242 CAD
- Paid so Far: 40,961 CAD (37% Paid)
- Remaining Lease Payments: 29,258 CAD
- Residual Value: 38,023 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 40,961 CAD Total Vehicle Value: 108,242 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,258 CAD
Term Paid so Far: 40,961 CAD Residual Value: 38,023 CAD
Cost to Own
Already Paid: 40,961 CAD (37%)
Cash Incentive: 1,500 CAD Buyout Price Today: 65,781 CAD
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: 65,781 CAD
- 4.9%Interest Rate x 48 months
- 1,512 CAD/month + tax
- Total Payable: 72,572 CAD
- Total Interest: 6,791 CAD
- 8.9%Interest Rate x 48 months
- 1,634 CAD/month + tax
- Total Payable: 78,424 CAD
- Total Interest: 12,643 CAD
- 14.9%Interest Rate x 48 months
- 1,827 CAD/month + tax
- Total Payable: 87,715 CAD
- Total Interest: 21,934 CAD
At the end of the Lease Contract
Residual Value: 38,023 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 874 CAD/month + tax
- Total Payable: 41,948 CAD
- Total Interest: 3,925 CAD
- 8.9%Interest Rate x 48 months
- 944 CAD/month + tax
- Total Payable: 45,331 CAD
- Total Interest: 7,308 CAD
- 14.9%Interest Rate x 48 months
- 1,056 CAD/month + tax
- Total Payable: 50,702 CAD
- Total Interest: 12,679 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)
82.86
- + tax
- + fuel
- + insurance
- 87.34CAD/100km (TODAY without the Cash Incentive)
- 146.29CAD/100km (Original Contract back in Feb, 2021)
Time Analysis
Cost per day: (CAD)
45.63
- + tax
- + insurance
- + km driven & fuel
- 48.10CAD/day (Original Contract back in Feb, 2021)
Remaining Km
Can be driven up to:
386.54
- km/week
- without any
- additional costs
- 230.77km/week (Contract Original back in Feb, 2021)
Seller Contact Info
- Name: Ryan Shoemaker
- Location: Calgary, AB
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
No Charge scheduled maintenance
current Mileage provides for about 1500KM / month without penalty
comes with winter wheels & Tires
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