This Vehicle is Sold
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Vehicle Photos
No Photo Available
Transfer Details
SAVE ~5,400 CAD
CAD/month x 15 months
Transferred/Sold
2020 BMW M2 Competition (ID: #36912)
1,175
Quebec, QC
2020 BMW
M2 Competition Automatic 2WD w/ Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 1,175 CAD/month + tax
- Residual Value: 36,476 CAD
- Months to End: 15 months (Oct, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 16,500 km total
- Available Now: 50,800 km/year (4,233 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
1,175.40CAD/monthin Quebec, QC
- 1,175.40 CAD/month
- 542.49 CAD/bi-weekly
- 271.25 CAD/week
- 14,104.80 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 1,351.47 CAD/month
- 623.76 CAD/bi-weekly
- 311.88 CAD/week
- 16,217.70 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:
4,765 ~ 6,065 CAD
compared to leasing a BRAND NEW:
- BMW M4 Coupe (Prices not available for BMW M2 Competition Automatic 2WD)
- for 36 months
- in QC
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,386 |
|---|---|
| This Contract (CAD/month) | 1,175 |
| Monthly Difference | 211 CAD/month |
| Remaining Term | x 15 months |
| Total Monthly Difference | = 3,165 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 4,765 ~ 6,065 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
54,107 CAD
- Total Vehicle Debt: 92,895 CAD
- Paid so Far: 38,788 CAD (41% Paid)
- Remaining Lease Payments: 17,631 CAD
- Residual Value: 36,476 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 38,788 CAD Total Vehicle Value: 92,895 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,631 CAD
Term Paid so Far: 38,788 CAD Residual Value: 36,476 CAD
Cost to Own
Already Paid: 38,788 CAD (41%)
Cash Incentive: 0 CAD Buyout Price Today: 54,107 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: 54,107 CAD
- 4.9%Interest Rate x 48 months
- 1,244 CAD/month + tax
- Total Payable: 59,692 CAD
- Total Interest: 5,586 CAD
- 8.9%Interest Rate x 48 months
- 1,344 CAD/month + tax
- Total Payable: 64,506 CAD
- Total Interest: 10,400 CAD
- 14.9%Interest Rate x 48 months
- 1,503 CAD/month + tax
- Total Payable: 72,148 CAD
- Total Interest: 18,042 CAD
At the end of the Lease Contract
Residual Value: 36,476 CAD (in 15 months)
- 4.9%Interest Rate x 48 months
- 838 CAD/month + tax
- Total Payable: 40,241 CAD
- Total Interest: 3,765 CAD
- 8.9%Interest Rate x 48 months
- 906 CAD/month + tax
- Total Payable: 43,486 CAD
- Total Interest: 7,011 CAD
- 14.9%Interest Rate x 48 months
- 1,013 CAD/month + tax
- Total Payable: 48,638 CAD
- Total Interest: 12,163 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)
27.77
- + tax
- + fuel
- + insurance
- 70.52CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
38.64
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
976.92
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2020)
Seller Contact Info
This Contract was Already Transferred.
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