Payment Analysis

657.43CAD/monthin North Vancouver, BC
    Before Taxes:
  • 657.43 CAD/month
  • 303.43 CAD/bi-weekly
  • 151.71 CAD/week
  • 7,889.16 CAD/year
Incl. B.C. Taxes (12%):
  • 736.32 CAD/month
  • 339.84 CAD/bi-weekly
  • 169.92 CAD/week
  • 8,835.86 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: 13,143 ~ 14,043 CAD

compared to leasing a BRAND NEW:

  • BMW X1
  • for 24 months
  • in B.C.
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 856
This Contract (CAD/month) 657
Monthly Difference 199 CAD/month
Remaining Term x 57 months
Total Monthly Difference = 11,343 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 13,143 ~ 14,043
** "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: 59,971 CAD
  • Total Vehicle Debt: 54,397 CAD
  • Paid so Far: -6,574 CAD (-13% Paid)
  • Remaining Lease Payments: 37,474 CAD
  • Residual Value: 23,498 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -6,574 CAD Total Vehicle Value: 54,397 CAD
-13% Paid
113%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 37,474 CAD
Term Paid so Far: -6,574 CAD Residual Value: 23,498 CAD
0%
-13%
69%
44%
Cost to Own
Already Paid: -6,574 CAD (-13%)
Cash Incentive: 1,000 CAD Buyout Price Today: 59,971 CAD
-13% Paid
1%
112%
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: 59,971 CAD

  • 4.9%Interest Rate x 48 months
  • 1,378 CAD/month + tax
  • Total Payable: 66,162 CAD
  • Total Interest: 6,191 CAD
  • 8.9%Interest Rate x 48 months
  • 1,490 CAD/month + tax
  • Total Payable: 71,498 CAD
  • Total Interest: 11,527 CAD
  • 14.9%Interest Rate x 48 months
  • 1,666 CAD/month + tax
  • Total Payable: 79,968 CAD
  • Total Interest: 19,997 CAD

At the end of the Lease Contract

Residual Value: 23,498 CAD (in 57 months)

  • 4.9%Interest Rate x 48 months
  • 540 CAD/month + tax
  • Total Payable: 25,923 CAD
  • Total Interest: 2,426 CAD
  • 8.9%Interest Rate x 48 months
  • 584 CAD/month + tax
  • Total Payable: 28,014 CAD
  • Total Interest: 4,516 CAD
  • 14.9%Interest Rate x 48 months
  • 653 CAD/month + tax
  • Total Payable: 31,333 CAD
  • Total Interest: 7,835 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)
86.16
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
21.04
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
171.39
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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