This Vehicle is Sold
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Vehicle Photos
No Photo Available
Transfer Details
SAVE ~6,000 CAD
CAD/month x 18 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: 18 months (Oct, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 16,500 km total
- Available Now: 42,333 km/year (3,528 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
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.
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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:
5,398 ~ 6,698 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 18 months |
| Total Monthly Difference | = 3,798 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,398 ~ 6,698 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
57,633 CAD
- Total Vehicle Debt: 92,895 CAD
- Paid so Far: 35,262 CAD (37% Paid)
- Remaining Lease Payments: 21,157 CAD
- Residual Value: 36,476 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 35,262 CAD Total Vehicle Value: 92,895 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 21,157 CAD
Term Paid so Far: 35,262 CAD Residual Value: 36,476 CAD
Cost to Own
Already Paid: 35,262 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 57,633 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: 57,633 CAD
- 4.9%Interest Rate x 48 months
- 1,325 CAD/month + tax
- Total Payable: 63,583 CAD
- Total Interest: 5,950 CAD
- 8.9%Interest Rate x 48 months
- 1,431 CAD/month + tax
- Total Payable: 68,710 CAD
- Total Interest: 11,077 CAD
- 14.9%Interest Rate x 48 months
- 1,601 CAD/month + tax
- Total Payable: 76,850 CAD
- Total Interest: 19,217 CAD
At the end of the Lease Contract
Residual Value: 36,476 CAD (in 18 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)
33.32
- + 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:
814.10
- 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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