Payment Analysis
639.00CAD/monthin Gatineau, QC
- 639.00 CAD/month
- 294.92 CAD/bi-weekly
- 147.46 CAD/week
- 7,668.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 734.72 CAD/month
- 339.10 CAD/bi-weekly
- 169.55 CAD/week
- 8,816.67 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:
23,432 ~ 23,832 CAD
compared to leasing a BRAND NEW:
- BMW 440 Gran Coupe
- for 12 months
- in Québec
- $0 down payment
- 24,000 km/year (note this contract has way more)
| Leasing New (CAD/month) | 1,471 |
|---|---|
| This Contract (CAD/month) | 639 |
| Monthly Difference | 832 CAD/month |
| Remaining Term | x 26 months |
| Total Monthly Difference | = 21,632 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 23,432 ~ 23,832 |
| ** "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:
46,414 CAD
- Total Vehicle Debt: 60,305 CAD
- Paid so Far: 12,891 CAD (21% Paid)
- Remaining Lease Payments: 16,614 CAD
- Residual Value: 30,800 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 12,891 CAD Total Vehicle Value: 60,305 CAD
Vehicle Debt Breakdown
Downpayment: 750 CAD Remaining Term: 16,614 CAD
Term Paid so Far: 12,141 CAD Residual Value: 30,800 CAD
Cost to Own
Already Paid: 12,891 CAD (21%)
Cash Incentive: 1,000 CAD Buyout Price Today: 46,414 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: 46,414 CAD
- 4.9%Interest Rate x 48 months
- 1,067 CAD/month + tax
- Total Payable: 51,205 CAD
- Total Interest: 4,791 CAD
- 8.9%Interest Rate x 48 months
- 1,153 CAD/month + tax
- Total Payable: 55,335 CAD
- Total Interest: 8,921 CAD
- 14.9%Interest Rate x 48 months
- 1,289 CAD/month + tax
- Total Payable: 61,890 CAD
- Total Interest: 15,476 CAD
At the end of the Lease Contract
Residual Value: 30,800 CAD (in 26 months)
- 4.9%Interest Rate x 48 months
- 708 CAD/month + tax
- Total Payable: 33,980 CAD
- Total Interest: 3,180 CAD
- 8.9%Interest Rate x 48 months
- 765 CAD/month + tax
- Total Payable: 36,720 CAD
- Total Interest: 5,920 CAD
- 14.9%Interest Rate x 48 months
- 856 CAD/month + tax
- Total Payable: 41,070 CAD
- Total Interest: 10,270 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)
33.80
- + tax
- + fuel
- + insurance
- 35.96CAD/100km (TODAY without the Cash Incentive)
- 38.34CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
19.74
- + tax
- + insurance
- + km driven & fuel
- 21.01CAD/day (Original Contract back in Apr, 2018)
Remaining Km
Can be driven up to:
410.06
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2018)
