Payment Analysis

739.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 739.00 CAD/month
  • 341.08 CAD/bi-weekly
  • 170.54 CAD/week
  • 8,868.00 CAD/year
Incl. Alberta Taxes (5%):
  • 775.95 CAD/month
  • 358.13 CAD/bi-weekly
  • 179.07 CAD/week
  • 9,311.40 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: 13,882 ~ 14,282 CAD

compared to leasing a BRAND NEW:

  • BMW X3 M40i
  • for 36 months
  • in Alberta
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,161
This Contract (CAD/month) 739
Monthly Difference 422 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 13,082 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 13,882 ~ 14,282

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 54,909 CAD
  • Total Vehicle Debt: 67,472 CAD
  • Paid so Far: 12,563 CAD (18% Paid)
  • Remaining Lease Payments: 22,909 CAD
  • Residual Value: 32,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,563 CAD Total Vehicle Value: 67,472 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,909 CAD
Term Paid so Far: 12,563 CAD Residual Value: 32,000 CAD
0%
18%
34%
48%
Cost to Own
Already Paid: 12,563 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 54,909 CAD
18% Paid
0%
82%
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: 54,909 CAD

  • 4.9%Interest Rate x 48 months
  • 1,262 CAD/month + tax
  • Total Payable: 60,577 CAD
  • Total Interest: 5,668 CAD
  • 8.9%Interest Rate x 48 months
  • 1,364 CAD/month + tax
  • Total Payable: 65,463 CAD
  • Total Interest: 10,554 CAD
  • 14.9%Interest Rate x 48 months
  • 1,525 CAD/month + tax
  • Total Payable: 73,218 CAD
  • Total Interest: 18,309 CAD

At the end of the Lease Contract

Residual Value: 32,000 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 735 CAD/month + tax
  • Total Payable: 35,303 CAD
  • Total Interest: 3,303 CAD
  • 8.9%Interest Rate x 48 months
  • 795 CAD/month + tax
  • Total Payable: 38,151 CAD
  • Total Interest: 6,151 CAD
  • 14.9%Interest Rate x 48 months
  • 889 CAD/month + tax
  • Total Payable: 42,670 CAD
  • Total Interest: 10,670 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)
53.28
  • + tax
  • + fuel
  • + insurance
(or 0.53CAD per km)
  • 55.43CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
24.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
320.10
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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