This Vehicle is Sold


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Transfer Details

BMW Lease Takeover in Ottawa: 2020 BMW M340 xDrive Automatic AWD ID:#28461
SAVE ~2,600 CAD
CAD/month x 7 months
2020 BMW M340 xDrive (ID: #28461)
917
Ottawa, ON
2020 BMW

M340 xDrive Automatic AWD Premium Enhanced Package, 382HP, Congnac Vernasca Leather, Fully Tinted, Harman Kardon, Wear & Tear Protection, Tire & Rim Protection, Winter Rims/Tires

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 917 CAD/month + tax
  • Residual Value: 27,306 CAD
  • Months to End: 7 months (Sep, 2024)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 11,640 km total
  • Available Now: 89,760 km/year (7,480 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • 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.
SOLD/TRANSFERRED

Payment Analysis

916.65CAD/monthin Ottawa, ON
    Before Taxes:
  • 916.65 CAD/month
  • 423.07 CAD/bi-weekly
  • 211.53 CAD/week
  • 10,999.80 CAD/year
Incl. Ontario Taxes (13%):
  • 1,035.81 CAD/month
  • 478.07 CAD/bi-weekly
  • 239.03 CAD/week
  • 12,429.77 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: 1,943 ~ 3,243 CAD

compared to leasing a BRAND NEW:

  • BMW M340i xDrive Sedan
  • for 39 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 965
This Contract (CAD/month) 917
Monthly Difference 49 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 343 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,943 ~ 3,243

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,723 CAD
  • Total Vehicle Debt: 71,305 CAD
  • Paid so Far: 37,583 CAD (52% Paid)
  • Remaining Lease Payments: 6,417 CAD
  • Residual Value: 27,306 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 37,583 CAD Total Vehicle Value: 71,305 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,417 CAD
Term Paid so Far: 37,583 CAD Residual Value: 27,306 CAD
0%
52%
9%
39%
Cost to Own
Already Paid: 37,583 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 33,723 CAD
52% Paid
0%
48%
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: 33,723 CAD

  • 4.9%Interest Rate x 48 months
  • 775 CAD/month + tax
  • Total Payable: 37,204 CAD
  • Total Interest: 3,481 CAD
  • 8.9%Interest Rate x 48 months
  • 838 CAD/month + tax
  • Total Payable: 40,204 CAD
  • Total Interest: 6,482 CAD
  • 14.9%Interest Rate x 48 months
  • 937 CAD/month + tax
  • Total Payable: 44,967 CAD
  • Total Interest: 11,245 CAD

At the end of the Lease Contract

Residual Value: 27,306 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 628 CAD/month + tax
  • Total Payable: 30,125 CAD
  • Total Interest: 2,819 CAD
  • 8.9%Interest Rate x 48 months
  • 678 CAD/month + tax
  • Total Payable: 32,554 CAD
  • Total Interest: 5,248 CAD
  • 14.9%Interest Rate x 48 months
  • 759 CAD/month + tax
  • Total Payable: 36,411 CAD
  • Total Interest: 9,105 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)
12.25
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 68.75CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
30.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,726.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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