This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
Transfer Details
+ 2,000 cash
SAVE ~7,700 CAD
CAD/month x 20 months
Transferred/Sold
2020 BMW M340i xDrive (ID: #17028)
1,147
Calgary, AB
2020 BMW
M340i xDrive Automatic AWD w/ Premium Excellence Package
Payment Details
- Current Payment: 1,147 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 1,047 CAD/month + tax
- Residual Value: 33,649 CAD
- Months to End: 20 months (Jan, 2024)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 14,500 km total
- Available Now: 29,700 km/year (2,475 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
1,146.86CAD/monthin Calgary, AB
- 1,146.86 CAD/month
- 529.32 CAD/bi-weekly
- 264.66 CAD/week
- 13,762.32 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 1,204.20 CAD/month
- 555.79 CAD/bi-weekly
- 277.89 CAD/week
- 14,450.44 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:
7,060 ~ 8,360 CAD
compared to leasing a BRAND NEW:
- M340i xDrive Automatic AWD w/ Premium Excellence Package
- for 48 months
- in Alberta
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 1,319 |
|---|---|
| This Contract (CAD/month) | 1,147 |
| Monthly Difference | 173 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 3,460 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,060 ~ 8,360 |
| ** "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:
54,586 CAD
- Total Vehicle Debt: 88,698 CAD
- Paid so Far: 32,112 CAD (36% Paid)
- Remaining Lease Payments: 22,937 CAD
- Residual Value: 33,649 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 32,112 CAD Total Vehicle Value: 88,698 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,937 CAD
Term Paid so Far: 32,112 CAD Residual Value: 33,649 CAD
Cost to Own
Already Paid: 32,112 CAD (36%)
Cash Incentive: 2,000 CAD Buyout Price Today: 54,586 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: 54,586 CAD
- 4.9%Interest Rate x 48 months
- 1,255 CAD/month + tax
- Total Payable: 60,221 CAD
- Total Interest: 5,635 CAD
- 8.9%Interest Rate x 48 months
- 1,356 CAD/month + tax
- Total Payable: 65,078 CAD
- Total Interest: 10,492 CAD
- 14.9%Interest Rate x 48 months
- 1,516 CAD/month + tax
- Total Payable: 72,788 CAD
- Total Interest: 18,201 CAD
At the end of the Lease Contract
Residual Value: 33,649 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 773 CAD/month + tax
- Total Payable: 37,123 CAD
- Total Interest: 3,474 CAD
- 8.9%Interest Rate x 48 months
- 836 CAD/month + tax
- Total Payable: 40,116 CAD
- Total Interest: 6,467 CAD
- 14.9%Interest Rate x 48 months
- 935 CAD/month + tax
- Total Payable: 44,869 CAD
- Total Interest: 11,220 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)
42.30
- + tax
- + fuel
- + insurance
- 46.34CAD/100km (TODAY without the Cash Incentive)
- 86.01CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
34.42
- + tax
- + insurance
- + km driven & fuel
- 37.70CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
571.15
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jan, 2020)
Seller Contact Info
This Contract was Already Transferred.
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