This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,000 cash
BMW Lease Takeover in Saskatoon, SK: 2021 BMW M3 Competition Automatic 2WD ID:#31671 Add to Default shortcuts
SAVE ~4,100 CAD
CAD/month x 11 months
2021 BMW M3 Competition (ID: #31671)
981
Saskatoon, SK
2021 BMW

M3 Competition Automatic 2WD w/ Warranty Complete Term

  • Warranty Complete Term
Payment Details
  • Current Payment: 981 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 890 CAD/month + tax
  • Original Downpayment: 16,100 CAD
  • Residual Value: 51,000 CAD
  • Months to End: 11 months (Apr, 2025)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 1,750 km total
  • Available Now: 50,455 km/year (4,205 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

981.14CAD/monthin Saskatoon, SK
    Before Taxes:
  • 981.14 CAD/month
  • 452.83 CAD/bi-weekly
  • 226.42 CAD/week
  • 11,773.68 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 1,089.07 CAD/month
  • 502.65 CAD/bi-weekly
  • 251.32 CAD/week
  • 13,068.78 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: 4,124 CAD

compared to leasing a BRAND NEW:

  • BMW M3 Automatic 2WD
  • for 42 months
  • in SK
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,265
This Contract (CAD/month) 981
Monthly Difference 284 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 3,124 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 4,124
** "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: 60,793 CAD
  • Total Vehicle Debt: 114,195 CAD
  • Paid so Far: 52,402 CAD (45% Paid)
  • Remaining Lease Payments: 10,793 CAD
  • Residual Value: 51,000 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 52,402 CAD Total Vehicle Value: 114,195 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 16,100 CAD Remaining Term: 10,793 CAD
Term Paid so Far: 36,302 CAD Residual Value: 51,000 CAD
13%
32%
9%
46%
Cost to Own
Already Paid: 52,402 CAD (45%)
Cash Incentive: 1,000 CAD Buyout Price Today: 60,793 CAD
45% Paid
0%
55%
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: 60,793 CAD

  • 4.9%Interest Rate x 48 months
  • 1,397 CAD/month + tax
  • Total Payable: 67,068 CAD
  • Total Interest: 6,276 CAD
  • 8.9%Interest Rate x 48 months
  • 1,510 CAD/month + tax
  • Total Payable: 72,477 CAD
  • Total Interest: 11,685 CAD
  • 14.9%Interest Rate x 48 months
  • 1,689 CAD/month + tax
  • Total Payable: 81,063 CAD
  • Total Interest: 20,271 CAD

At the end of the Lease Contract

Residual Value: 51,000 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 1,172 CAD/month + tax
  • Total Payable: 56,265 CAD
  • Total Interest: 5,265 CAD
  • 8.9%Interest Rate x 48 months
  • 1,267 CAD/month + tax
  • Total Payable: 60,802 CAD
  • Total Interest: 9,802 CAD
  • 14.9%Interest Rate x 48 months
  • 1,417 CAD/month + tax
  • Total Payable: 68,006 CAD
  • Total Interest: 17,006 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)
21.17
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 23.34CAD/100km (TODAY without the Cash Incentive)
  • 98.11CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
29.27
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 32.26CAD/day (Original Contract back in Apr, 2021)
Remaining Km
Can be driven up to:
970.28
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 230.77km/week (Contract Original back in Apr, 2021)

Seller Contact Info

This Contract was Already Transferred.

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  • Original Downpayment: 5,383 CAD
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  • Please note that this contract ends in less than a year.
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  • Original Downpayment: 5,383 CAD
  • Residual Value: 52,191 CAD
  • Months to End: 5 months (Nov, 2023)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 33,580 km total
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  • Please note that this contract ends in less than a year.
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