This Vehicle is Sold
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Vehicle Photos
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Transfer Details
SAVE ~1,800 CAD
CAD/month x 2 months
Transferred/Sold
2020 BMW M2 Competition (ID: #31006)
929
Toronto, ON
2020 BMW
M2 Competition Automatic 2WD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 929 CAD/month + tax
- Original Downpayment: 340 CAD
- Residual Value: 37,582 CAD
- Months to End: 2 months (Jul, 2024)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 7,600 km total
- Available Now: 338,400 km/year (28,200 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
929.20CAD/monthin Toronto, ON
- 929.20 CAD/month
- 428.86 CAD/bi-weekly
- 214.43 CAD/week
- 11,150.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,050.00 CAD/month
- 484.61 CAD/bi-weekly
- 242.31 CAD/week
- 12,599.95 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:
1,336 ~ 2,236 CAD
compared to leasing a BRAND NEW:
- BMW M2 Competition 2WD
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,197 |
|---|---|
| This Contract (CAD/month) | 929 |
| Monthly Difference | 268 CAD/month |
| Remaining Term | x 2 months |
| Total Monthly Difference | = 536 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,336 ~ 2,236 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
39,440 CAD
- Total Vehicle Debt: 82,523 CAD
- Paid so Far: 43,083 CAD (52% Paid)
- Remaining Lease Payments: 1,858 CAD
- Residual Value: 37,582 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 43,083 CAD Total Vehicle Value: 82,523 CAD
Vehicle Debt Breakdown
Downpayment: 340 CAD Remaining Term: 1,858 CAD
Term Paid so Far: 42,743 CAD Residual Value: 37,582 CAD
Cost to Own
Already Paid: 43,083 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 39,440 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: 39,440 CAD
- 4.9%Interest Rate x 48 months
- 906 CAD/month + tax
- Total Payable: 43,512 CAD
- Total Interest: 4,072 CAD
- 8.9%Interest Rate x 48 months
- 980 CAD/month + tax
- Total Payable: 47,021 CAD
- Total Interest: 7,581 CAD
- 14.9%Interest Rate x 48 months
- 1,096 CAD/month + tax
- Total Payable: 52,591 CAD
- Total Interest: 13,151 CAD
At the end of the Lease Contract
Residual Value: 37,582 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 864 CAD/month + tax
- Total Payable: 41,461 CAD
- Total Interest: 3,880 CAD
- 8.9%Interest Rate x 48 months
- 933 CAD/month + tax
- Total Payable: 44,805 CAD
- Total Interest: 7,223 CAD
- 14.9%Interest Rate x 48 months
- 1,044 CAD/month + tax
- Total Payable: 50,113 CAD
- Total Interest: 12,531 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)
3.30
- + tax
- + fuel
- + insurance
- 69.69CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
30.55
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
6,507.69
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jul, 2020)
Seller Contact Info
This Contract was Already Transferred.
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