Name: BMW Lease Takeover in Ottawa, ON: 2020 BMW M340 xDrive Automatic AWD ID:#28461
Brand: BMW
SKU: 28461
Price: 917 CAD
Availability: SoldOut
Rating: 4.9 (1 reviews)

Listing ID: #28461

2020 BMW M340 xDrive for takeover/sale

Ottawa, ON ~C$3,900 in SAVINGS

917

+taxX 33 months

This vehicle is SOLD

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

SAVE ~3,900 CAD

CAD/month x 33 months

Transferred/Sold

2020 BMW M340 xDrive (ID: #28461)

917

Ottawa, ON

2020 BMW

M340 xDrive Automatic AWD Premium Enhanced Package, 382HP, Congnac Vernasca Leather, Fully Tinted, Harman Kardon, Wear & Tear Protection, Tire & Rim Protection, Winter Rims/Tires

Warranty Complete Term
Wear & Tear Coverage
Winter Tires Included

Payment Details

Current Payment: 917 CAD/month + tax
Residual Value: 27,306 CAD
Months to End: 33 months (Sep, 2024)

Vehicle Status

Contract Allowance: 16,000 km/year
Current Odometer: 11,640 km total
Available Now: 19,040 km/year (1,587 per month)
Excess Km Cost: 0.15 CAD/km

Deal Special Perks

Hot Lease Takeover Deal
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.

SOLD/TRANSFERRED

Payment Analysis

916.65CAD/monthin Ottawa, ON

Before Taxes:

916.65 CAD/month
423.07 CAD/bi-weekly
211.53 CAD/week
10,999.80 CAD/year

Incl. Ontario Taxes (13%):

1,035.81 CAD/month
478.07 CAD/bi-weekly
239.03 CAD/week
12,429.77 CAD/year

Estimate Insurance Costs

Avoid surprises and lock your insurance offer now! Quote how much you will have to pay and get the best insurance company to bid for your contract.

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: 3,217 ~ 4,517 CAD

compared to leasing a BRAND NEW:

BMW M340i xDrive Sedan
for 39 months
in Ontario
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	965
This Contract (CAD/month)	917
Monthly Difference	49 CAD/month
Remaining Term	x 33 months
Total Monthly Difference	= 1,617 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 3,217 ~ 4,517

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 57,555 CAD

Total Vehicle Debt: 71,305 CAD
Paid so Far: 13,750 CAD (19% Paid)
Remaining Lease Payments: 30,249 CAD
Residual Value: 27,306 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 13,750 CAD Total Vehicle Value: 71,305 CAD

19% Paid

81%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 30,249 CAD

Term Paid so Far: 13,750 CAD Residual Value: 27,306 CAD

19%

42%

39%

Cost to Own

Already Paid: 13,750 CAD (19%)

Cash Incentive: 0 CAD Buyout Price Today: 57,555 CAD

19% Paid

81%

Additional Financing Details

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: 57,555 CAD

4.9%Interest Rate x 48 months
1,323 CAD/month + tax
Total Payable: 63,497 CAD
Total Interest: 5,942 CAD

8.9%Interest Rate x 48 months
1,430 CAD/month + tax
Total Payable: 68,618 CAD
Total Interest: 11,062 CAD

14.9%Interest Rate x 48 months
1,599 CAD/month + tax
Total Payable: 76,747 CAD
Total Interest: 19,192 CAD

At the end of the Lease Contract

Residual Value: 27,306 CAD (in 33 months)

4.9%Interest Rate x 48 months
628 CAD/month + tax
Total Payable: 30,125 CAD
Total Interest: 2,819 CAD

8.9%Interest Rate x 48 months
678 CAD/month + tax
Total Payable: 32,554 CAD
Total Interest: 5,248 CAD

14.9%Interest Rate x 48 months
759 CAD/month + tax
Total Payable: 36,411 CAD
Total Interest: 9,105 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)

57.77

+ tax
+ fuel
+ insurance

(or 0.58CAD per km)

68.75CAD/100km (Original Contract back in Sep, 2020)

Time Analysis

Cost per day: (CAD)

30.14

+ tax
+ insurance
+ km driven & fuel

(0.10CAD savings per every 100CAD of incentive)

Remaining Km

Can be driven up to:

366.15

km/week
without any
additional costs

Excess km cost: 0.15CAD

307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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