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Lease Transfer BMW Lease Takeover in Quebec, QC: 2020 BMW M2 Competition Automatic 2WD
SAVE ~9,000 CAD
CAD/month x 32 months
2020 BMW M2 Competition (ID: #36912)
1,175
Quebec, QC
2020 BMW

M2 Competition Automatic 2WD w/ Wear & Tear Coverage + Winter Tires Included

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,175 CAD/month + tax
  • Residual Value: 36,476 CAD
  • Months to End: 32 months (Oct, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 16,500 km total
  • Available Now: 23,813 km/year (1,984 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • 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.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

1,175.40CAD/monthin Quebec, QC
    Before Taxes:
  • 1,175.40 CAD/month
  • 542.49 CAD/bi-weekly
  • 271.25 CAD/week
  • 14,104.80 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,351.47 CAD/month
  • 623.76 CAD/bi-weekly
  • 311.88 CAD/week
  • 16,217.70 CAD/year

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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: 8,352 ~ 9,652 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
Savings Breakdown:
Leasing New (CAD/month) 1,386
This Contract (CAD/month) 1,175
Monthly Difference 211 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 6,752 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,352 ~ 9,652

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 74,089 CAD
  • Total Vehicle Debt: 92,895 CAD
  • Paid so Far: 18,806 CAD (20% Paid)
  • Remaining Lease Payments: 37,613 CAD
  • Residual Value: 36,476 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,806 CAD Total Vehicle Value: 92,895 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 37,613 CAD
Term Paid so Far: 18,806 CAD Residual Value: 36,476 CAD
0%
20%
40%
40%
Cost to Own
Already Paid: 18,806 CAD (20%)
Cash Incentive: 0 CAD Buyout Price Today: 74,089 CAD
20% Paid
0%
80%
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: 74,089 CAD

  • 4.9%Interest Rate x 48 months
  • 1,703 CAD/month + tax
  • Total Payable: 81,737 CAD
  • Total Interest: 7,648 CAD
  • 8.9%Interest Rate x 48 months
  • 1,840 CAD/month + tax
  • Total Payable: 88,329 CAD
  • Total Interest: 14,240 CAD
  • 14.9%Interest Rate x 48 months
  • 2,058 CAD/month + tax
  • Total Payable: 98,793 CAD
  • Total Interest: 24,704 CAD

At the end of the Lease Contract

Residual Value: 36,476 CAD (in 32 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)
59.23
  • + tax
  • + fuel
  • + insurance
(or 0.59CAD per km)
  • 70.52CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
38.64
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
457.93
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Oct, 2020)

Seller Contact Info

  • Location: Quebec, QC
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

Click here to MAKE AN OFFER

Very fun car, perfectly maintained. Full PPF on the front (hood, bumper, fenders, pillars, mirrors).

Winter tires included (Hakka R3 square setup). Can also include an aftermarket exhaust (insane sound, no drone) or put it back to stock.

The car has never been abused, tuned or anything else.

VERY LOW MILEAGE. BMW ESTIMATE THAT IT SHOULD BE AROUND 25 000 KM NOW BUT ITS AT 16 000 KM.

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