Payment Analysis

562.21CAD/monthin Sarnia, ON
    Before Taxes:
  • 562.21 CAD/month
  • 259.48 CAD/bi-weekly
  • 129.74 CAD/week
  • 6,746.52 CAD/year
Incl. Ontario Taxes (13%):
  • 635.30 CAD/month
  • 293.21 CAD/bi-weekly
  • 146.61 CAD/week
  • 7,623.57 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: 7,545 CAD

compared to leasing a BRAND NEW:

  • BMW X2
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,065
This Contract (CAD/month) 562
Monthly Difference 503 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 7,545 CAD
Total Savings (CAD) = 7,545

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,757 CAD
  • Total Vehicle Debt: 51,910 CAD
  • Paid so Far: 19,153 CAD (36% Paid)
  • Remaining Lease Payments: 8,433 CAD
  • Residual Value: 24,324 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,153 CAD Total Vehicle Value: 51,910 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 600 CAD Remaining Term: 8,433 CAD
Term Paid so Far: 18,553 CAD Residual Value: 24,324 CAD
1%
35%
16%
48%
Cost to Own
Already Paid: 19,153 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 32,757 CAD
36% Paid
0%
64%
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: 32,757 CAD

  • 4.9%Interest Rate x 48 months
  • 753 CAD/month + tax
  • Total Payable: 36,139 CAD
  • Total Interest: 3,382 CAD
  • 8.9%Interest Rate x 48 months
  • 814 CAD/month + tax
  • Total Payable: 39,053 CAD
  • Total Interest: 6,296 CAD
  • 14.9%Interest Rate x 48 months
  • 910 CAD/month + tax
  • Total Payable: 43,680 CAD
  • Total Interest: 10,923 CAD

At the end of the Lease Contract

Residual Value: 24,324 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 559 CAD/month + tax
  • Total Payable: 26,835 CAD
  • Total Interest: 2,511 CAD
  • 8.9%Interest Rate x 48 months
  • 604 CAD/month + tax
  • Total Payable: 28,999 CAD
  • Total Interest: 4,675 CAD
  • 14.9%Interest Rate x 48 months
  • 676 CAD/month + tax
  • Total Payable: 32,435 CAD
  • Total Interest: 8,111 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)
16.38
  • + tax
  • + fuel
  • + insurance
(or 0.16CAD per km)
  • 42.17CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
18.48
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
792.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Jan, 2019)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Hamilton

CAD/month x 26 months
2023 Jeep Grand Cherokee L Overland (ID: #46165)
783
Hamilton, ON
2023 Jeep

Grand Cherokee L Overland Automatique AWD Luxury Package I

  • Warranty Complete Term
Payment Details
  • Current Payment: 783 CAD/month + tax
  • Original Downpayment: 4,000 CAD
  • Residual Value: 51,716 CAD
  • Months to End: 26 months (Jul, 2026)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 1,500 km total
  • Available Now: 17,308 km/year (1,442 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
+ 18,000 cash
CAD/month x 37 months
2023 Land Rover Range Rover Evoque (ID: #51948)
1,590
St.Catharines, ON
2023 Land Rover

Range Rover Evoque Automatique AWD R-Dynamic SE

  • Warranty Complete Term
Payment Details
  • Current Payment: 1,590 CAD/month + tax
  • Cash Incentive: 18,000 CAD
  • Payment After Incentive: 1,104 CAD/month + tax
  • Original Downpayment: 4,683 CAD
  • Residual Value: 32,849 CAD
  • Months to End: 37 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 9,300 km total
  • Available Now: 22,930 km/year (1,911 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
CAD/month x 32 months
2023 Hyundai 2023 Hyundai Venue FWD Preferred (ID: #51716)
385
Hamilton, ON
2023 Hyundai

2023 Hyundai Venue FWD Preferred Automatique 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 385 CAD/month + tax
  • Residual Value: 12,623 CAD
  • Months to End: 32 months (Jan, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 15,000 km total
  • Available Now: 18,375 km/year (1,531 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details