Payment Analysis
418.18CAD/monthin Halifax, NS
- 418.18 CAD/month
- 193.01 CAD/bi-weekly
- 96.50 CAD/week
- 5,018.16 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 480.91 CAD/month
- 221.96 CAD/bi-weekly
- 110.98 CAD/week
- 5,770.88 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:
15,542 ~ 16,442 CAD
compared to leasing a BRAND NEW:
- BMW 330i xDrive Sedan
- for 24 months
- in NS
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,120 |
|---|---|
| This Contract (CAD/month) | 418 |
| Monthly Difference | 702 CAD/month |
| Remaining Term | x 21 months |
| Total Monthly Difference | = 14,742 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 15,542 ~ 16,442 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
31,959 CAD
- Total Vehicle Debt: 49,791 CAD
- Paid so Far: 17,832 CAD (35% Paid)
- Remaining Lease Payments: 8,782 CAD
- Residual Value: 23,177 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,832 CAD Total Vehicle Value: 49,791 CAD
Vehicle Debt Breakdown
Downpayment: 6,541 CAD Remaining Term: 8,782 CAD
Term Paid so Far: 11,291 CAD Residual Value: 23,177 CAD
Cost to Own
Already Paid: 17,832 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 31,959 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: 31,959 CAD
- 4.9%Interest Rate x 48 months
- 735 CAD/month + tax
- Total Payable: 35,258 CAD
- Total Interest: 3,299 CAD
- 8.9%Interest Rate x 48 months
- 794 CAD/month + tax
- Total Payable: 38,102 CAD
- Total Interest: 6,143 CAD
- 14.9%Interest Rate x 48 months
- 888 CAD/month + tax
- Total Payable: 42,615 CAD
- Total Interest: 10,656 CAD
At the end of the Lease Contract
Residual Value: 23,177 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 533 CAD/month + tax
- Total Payable: 25,570 CAD
- Total Interest: 2,393 CAD
- 8.9%Interest Rate x 48 months
- 576 CAD/month + tax
- Total Payable: 27,632 CAD
- Total Interest: 4,455 CAD
- 14.9%Interest Rate x 48 months
- 644 CAD/month + tax
- Total Payable: 30,905 CAD
- Total Interest: 7,728 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)
12.95
- + tax
- + fuel
- + insurance
- 25.09CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
13.75
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
745.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2018)
