Payment Analysis

493.14CAD/monthin Vancouver, BC
    Before Taxes:
  • 493.14 CAD/month
  • 227.60 CAD/bi-weekly
  • 113.80 CAD/week
  • 5,917.68 CAD/year
Incl. B.C. Taxes (12%):
  • 552.32 CAD/month
  • 254.92 CAD/bi-weekly
  • 127.46 CAD/week
  • 6,627.80 CAD/year

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: 12,156 ~ 13,456 CAD

compared to leasing a BRAND NEW:

  • BMW X1 xDrive28i
  • for 42 months
  • in British Columbia
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 617
This Contract (CAD/month) 493
Monthly Difference 124 CAD/month
Remaining Term x 69 months
Total Monthly Difference = 8,556 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 12,156 ~ 13,456
** "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: 51,758 CAD
  • Total Vehicle Debt: 23,681 CAD
  • Paid so Far: -30,078 CAD (-128% Paid)
  • Remaining Lease Payments: 34,027 CAD
  • Residual Value: 19,732 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: -30,078 CAD Total Vehicle Value: 23,681 CAD
-128% Paid
228%
Vehicle Debt Breakdown
Downpayment: 990 CAD Remaining Term: 34,027 CAD
Term Paid so Far: -31,068 CAD Residual Value: 19,732 CAD
4%
-132%
144%
84%
Cost to Own
Already Paid: -30,078 CAD (-128%)
Cash Incentive: 2,000 CAD Buyout Price Today: 51,758 CAD
-128% Paid
8%
220%
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: 51,758 CAD

  • 4.9%Interest Rate x 48 months
  • 1,190 CAD/month + tax
  • Total Payable: 57,102 CAD
  • Total Interest: 5,343 CAD
  • 8.9%Interest Rate x 48 months
  • 1,286 CAD/month + tax
  • Total Payable: 61,707 CAD
  • Total Interest: 9,948 CAD
  • 14.9%Interest Rate x 48 months
  • 1,438 CAD/month + tax
  • Total Payable: 69,017 CAD
  • Total Interest: 17,259 CAD

At the end of the Lease Contract

Residual Value: 19,732 CAD (in 69 months)

  • 4.9%Interest Rate x 48 months
  • 454 CAD/month + tax
  • Total Payable: 21,769 CAD
  • Total Interest: 2,037 CAD
  • 8.9%Interest Rate x 48 months
  • 490 CAD/month + tax
  • Total Payable: 23,524 CAD
  • Total Interest: 3,793 CAD
  • 14.9%Interest Rate x 48 months
  • 548 CAD/month + tax
  • Total Payable: 26,311 CAD
  • Total Interest: 6,579 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)
5,337.78
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
15.26
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
2.01
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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