This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 4,000 cash
SAVE ~13,300 CAD
CAD/month x 34 months
Transferred/Sold
2020 BMW M340i Xdrive premium, drive assist, black metallic (ID: #25561)
960
Markham, ON
2020 BMW
M340i Xdrive premium, drive assist, black metallic Automatic AWD Advanced driver assist, Premium package w/ Warranty Complete Term + Wear & Tear Coverage + Tire rim protection, winter tires
Payment Details
- Current Payment: 960 CAD/month + tax
- Cash Incentive: 4,000 CAD
- Payment After Incentive: 842 CAD/month + tax
- Residual Value: 32,593 CAD
- Months to End: 34 months (Jun, 2023)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 50,000 km total
- Available Now: 14,118 km/year (1,176 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
960.00CAD/monthin Markham, ON
- 960.00 CAD/month
- 443.08 CAD/bi-weekly
- 221.54 CAD/week
- 11,520.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,084.80 CAD/month
- 500.68 CAD/bi-weekly
- 250.34 CAD/week
- 13,017.60 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:
12,604 ~ 13,904 CAD
compared to leasing a BRAND NEW:
- BMW M340i xDrive Sedan
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 1,166 |
|---|---|
| This Contract (CAD/month) | 960 |
| Monthly Difference | 206 CAD/month |
| Remaining Term | x 34 months |
| Total Monthly Difference | = 7,004 CAD |
| + Cash Incentive** (CAD) | + 4,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 12,604 ~ 13,904 |
| ** "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:
61,233 CAD
- Total Vehicle Debt: 75,793 CAD
- Paid so Far: 10,560 CAD (13% Paid)
- Remaining Lease Payments: 32,640 CAD
- Residual Value: 32,593 CAD
- Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 10,560 CAD Total Vehicle Value: 75,793 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 32,640 CAD
Term Paid so Far: 10,560 CAD Residual Value: 32,593 CAD
Cost to Own
Already Paid: 10,560 CAD (13%)
Cash Incentive: 4,000 CAD Buyout Price Today: 61,233 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: 61,233 CAD
- 4.9%Interest Rate x 48 months
- 1,407 CAD/month + tax
- Total Payable: 67,554 CAD
- Total Interest: 6,321 CAD
- 8.9%Interest Rate x 48 months
- 1,521 CAD/month + tax
- Total Payable: 73,002 CAD
- Total Interest: 11,769 CAD
- 14.9%Interest Rate x 48 months
- 1,701 CAD/month + tax
- Total Payable: 81,650 CAD
- Total Interest: 20,418 CAD
At the end of the Lease Contract
Residual Value: 32,593 CAD (in 34 months)
- 4.9%Interest Rate x 48 months
- 749 CAD/month + tax
- Total Payable: 35,957 CAD
- Total Interest: 3,365 CAD
- 8.9%Interest Rate x 48 months
- 810 CAD/month + tax
- Total Payable: 38,857 CAD
- Total Interest: 6,264 CAD
- 14.9%Interest Rate x 48 months
- 905 CAD/month + tax
- Total Payable: 43,460 CAD
- Total Interest: 10,868 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)
71.60
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
27.69
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
271.49
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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