This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
Transfer Details
+ 2,000 cash
SAVE ~15,800 CAD
CAD/month x 20 months
Transferred/Sold
2018 BMW M550i (ID: #25128)
1,243
Edmonton, AB
2018 BMW
M550i Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 1,243 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 1,143 CAD/month + tax
- Original Downpayment: 435 CAD
- Residual Value: 50,455 CAD
- Months to End: 20 months (Jul, 2022)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 31,500 km total
- Available Now: 9,900 km/year (825 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
Payment Analysis
1,243.22CAD/monthin Edmonton, AB
- 1,243.22 CAD/month
- 573.79 CAD/bi-weekly
- 286.90 CAD/week
- 14,918.64 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 1,305.38 CAD/month
- 602.48 CAD/bi-weekly
- 301.24 CAD/week
- 15,664.57 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:
15,120 ~ 16,420 CAD
compared to leasing a BRAND NEW:
- BMW M550i Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
- for 24 months
- in AB
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 1,819 |
|---|---|
| This Contract (CAD/month) | 1,243 |
| Monthly Difference | 576 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 11,520 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 15,120 ~ 16,420 |
| ** "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:
73,319 CAD
- Total Vehicle Debt: 110,564 CAD
- Paid so Far: 35,245 CAD (31% Paid)
- Remaining Lease Payments: 24,864 CAD
- Residual Value: 50,455 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 35,245 CAD Total Vehicle Value: 110,564 CAD
Vehicle Debt Breakdown
Downpayment: 435 CAD Remaining Term: 24,864 CAD
Term Paid so Far: 34,810 CAD Residual Value: 50,455 CAD
Cost to Own
Already Paid: 35,245 CAD (31%)
Cash Incentive: 2,000 CAD Buyout Price Today: 73,319 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: 73,319 CAD
- 4.9%Interest Rate x 48 months
- 1,685 CAD/month + tax
- Total Payable: 80,888 CAD
- Total Interest: 7,569 CAD
- 8.9%Interest Rate x 48 months
- 1,821 CAD/month + tax
- Total Payable: 87,411 CAD
- Total Interest: 14,092 CAD
- 14.9%Interest Rate x 48 months
- 2,037 CAD/month + tax
- Total Payable: 97,767 CAD
- Total Interest: 24,448 CAD
At the end of the Lease Contract
Residual Value: 50,455 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 1,160 CAD/month + tax
- Total Payable: 55,663 CAD
- Total Interest: 5,209 CAD
- 8.9%Interest Rate x 48 months
- 1,253 CAD/month + tax
- Total Payable: 60,152 CAD
- Total Interest: 9,698 CAD
- 14.9%Interest Rate x 48 months
- 1,402 CAD/month + tax
- Total Payable: 67,278 CAD
- Total Interest: 16,824 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)
138.57
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
37.59
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
190.38
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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- Current Odometer: 52,000 km total
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