Payment Analysis

508.00CAD/monthin Markham, ON
    Before Taxes:
  • 508.00 CAD/month
  • 234.46 CAD/bi-weekly
  • 117.23 CAD/week
  • 6,096.00 CAD/year
Incl. Ontario Taxes (13%):
  • 574.04 CAD/month
  • 264.94 CAD/bi-weekly
  • 132.47 CAD/week
  • 6,888.48 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: 6,548 ~ 7,448 CAD

compared to leasing a BRAND NEW:

  • BMW X1 xDrive28i Automatic AWD w/ Wear and Tear Warranty
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 987
This Contract (CAD/month) 508
Monthly Difference 479 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 5,748 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,548 ~ 7,448

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,033 CAD
  • Total Vehicle Debt: 45,321 CAD
  • Paid so Far: 20,288 CAD (44% Paid)
  • Remaining Lease Payments: 6,096 CAD
  • Residual Value: 18,937 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,288 CAD Total Vehicle Value: 45,321 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 6,096 CAD
Term Paid so Far: 18,288 CAD Residual Value: 18,937 CAD
4%
40%
13%
43%
Cost to Own
Already Paid: 20,288 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 25,033 CAD
44% Paid
0%
56%
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: 25,033 CAD

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,617 CAD
  • Total Interest: 2,584 CAD
  • 8.9%Interest Rate x 48 months
  • 622 CAD/month + tax
  • Total Payable: 29,844 CAD
  • Total Interest: 4,811 CAD
  • 14.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,380 CAD
  • Total Interest: 8,347 CAD

At the end of the Lease Contract

Residual Value: 18,937 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 435 CAD/month + tax
  • Total Payable: 20,892 CAD
  • Total Interest: 1,955 CAD
  • 8.9%Interest Rate x 48 months
  • 470 CAD/month + tax
  • Total Payable: 22,577 CAD
  • Total Interest: 3,640 CAD
  • 14.9%Interest Rate x 48 months
  • 526 CAD/month + tax
  • Total Payable: 25,251 CAD
  • Total Interest: 6,314 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)
9.99
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 25.40CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
16.70
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,173.08
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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