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Transfer Details

Lease Takeover in Toronto, ON: 2016 BMW 428i xDrive Gran Coupe Automatic AWD ID:#3884
CAD/month x 16 months
2016 BMW 428i xDrive Gran Coupe (ID: #3884)
615
Toronto, ONCarFax Canada Accident Report
2016 BMW

428i xDrive Gran Coupe Automatic AWD w/ Tinted Windows + Premium Package + Warranty Complete Term + Wear & Tear Coverage

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 615 CAD/month + tax
  • Original Downpayment: 4,800 CAD
  • Residual Value: 26,000 CAD
  • Months to End: 16 months (Apr, 2020)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 51,000 km total
  • Available Now: 33,750 km/year (2,813 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.

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Lease Takeover Analysis

The Lease Takeover Analysis is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference.

For Leasing Purposes

With this deal, you are saving: 7,440 ~ 8,340 CAD

compared to leasing a BRAND NEW:

  • BMW 430i Gran Coupe w/ Premium Package
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year (this contract has 32,000)
Savings Breakdown:
Leasing New (CAD/month) 1,030
This Contract (CAD/month) 615
Monthly Difference 415 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 6,640 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,440 ~ 8,340

For Buyout Purposes

To own this vehicle today, it would cost: 35,840 CAD
  • Total Vehicle Debt: 60,320 CAD
  • Paid so Far: 24,480 CAD (40% Paid)
  • Remaining Lease Payments: 9,840 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,480 CAD Total Vehicle Value: 60,320 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 4,800 CAD Remaining Term: 9,840 CAD
Term Paid so Far: 19,680 CAD Residual Value: 26,000 CAD
7%
33%
16%
44%
Cost to Own
Already Paid: 24,480 CAD
Cash Incentive: 0 CAD Buyout Price Today: 35,840 CAD
40% Paid
0%
60%

Finance the remaining Debt Today

Remaining Term + Residual Value: 35,840 CAD

  • 2.9%Interest Rate x 48 months
  • 792 CAD/month + tax
  • Total Payable: 38,002 CAD
  • Total Interest: 2,162 CAD
  • 4.9%Interest Rate x 48 months
  • 824 CAD/month + tax
  • Total Payable: 39,540 CAD
  • Total Interest: 3,700 CAD
  • 5.9%Interest Rate x 48 months
  • 840 CAD/month + tax
  • Total Payable: 40,323 CAD
  • Total Interest: 4,483 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 16 months)

  • 2.9%Interest Rate x 48 months
  • 574 CAD/month + tax
  • Total Payable: 27,569 CAD
  • Total Interest: 1,569 CAD
  • 4.9%Interest Rate x 48 months
  • 598 CAD/month + tax
  • Total Payable: 28,684 CAD
  • Total Interest: 2,684 CAD
  • 5.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,252 CAD
  • Total Interest: 3,252 CAD

Seller Contact Info

  • Name: Adrian Hoofatt
  • Location: Toronto, ON
  • Phone: 416-879-XXXX (REVEAL NUMBER)
  • Email Address: ahoofatt [at] yahoo.com
  • Date Contract Started:
  • Date Contract Ends:
Floor winter mats included.

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  • Current Payment: 976 CAD/month + tax
  • Original Downpayment: 2,206 CAD
  • Residual Value: 34,905 CAD
  • Months to End: 36 months (Nov, 2021)
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  • Contract Allowance: 20,000 km/year
  • Current Odometer: 29,175 km total
  • Available Now: 13,608 km/year (1,134 per month)
  • Excess Km Cost: 0.25 CAD/km
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  • Payment After Incentive: 599 CAD/month + tax
  • Residual Value: 22,730 CAD
  • Months to End: 45 months (Aug, 2022)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 28,900 km total
  • Available Now: 18,516 km/year (1,543 per month)
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
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  • Winter Tires Included
Payment Details
  • Current Payment: 636 CAD/month + tax
  • Cash Incentive: 1,272 CAD
  • Payment After Incentive: 572 CAD/month + tax
  • Residual Value: 21,070 CAD
  • Months to End: 20 months (Jul, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 21,000 km total
  • Available Now: 34,400 km/year (2,867 per month)
Deal Special Perks
  • High End Vehicle & Options
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Payment Details
  • Current Payment: 468 CAD/month + tax
  • Cash Incentive: 2,500 CAD
  • Payment After Incentive: 401 CAD/month + tax
  • Residual Value: 14,631 CAD
  • Months to End: 37 months (Jan, 2022)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 19,000 km total
  • Available Now: 24,973 km/year (2,081 per month)
  • Excess Km Cost: 0.15 CAD/km
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Payment Details
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  • Cash Incentive: 1,200 CAD
  • Payment After Incentive: 513 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 25,000 CAD
  • Months to End: 30 months (May, 2021)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 10,000 km total
  • Available Now: 21,600 km/year (1,800 per month)
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