Payment Analysis
846.65CAD/monthin London, ON
- 846.65 CAD/month
- 390.76 CAD/bi-weekly
- 195.38 CAD/week
- 10,159.80 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 956.71 CAD/month
- 441.56 CAD/bi-weekly
- 220.78 CAD/week
- 11,480.57 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:
23,930 ~ 25,230 CAD
compared to leasing a BRAND NEW:
- BMW 440i xDrive Gran Coupé M Sport 8-Speed Sport Automatic Transmission with Paddles w/ Premium Package Essential ($3,900)
- for 18 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 1,916 |
---|---|
This Contract (CAD/month) | 847 |
Monthly Difference | 1,070 CAD/month |
Remaining Term | x 19 months |
Total Monthly Difference | = 20,330 CAD |
+ Cash Incentive** (CAD) | + 2,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 23,930 ~ 25,230 |
** "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:
50,966 CAD
- Total Vehicle Debt: 70,409 CAD
- Paid so Far: 17,444 CAD (24% Paid)
- Remaining Lease Payments: 16,086 CAD
- Residual Value: 36,879 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 17,444 CAD Total Vehicle Value: 70,409 CAD
Vehicle Debt Breakdown
Downpayment: 511 CAD Remaining Term: 16,086 CAD
Term Paid so Far: 16,933 CAD Residual Value: 36,879 CAD
Cost to Own
Already Paid: 17,444 CAD (24%)
Cash Incentive: 2,000 CAD Buyout Price Today: 50,966 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: 50,966 CAD
- 4.9%Interest Rate x 48 months
- 1,171 CAD/month + tax
- Total Payable: 56,227 CAD
- Total Interest: 5,261 CAD
- 8.9%Interest Rate x 48 months
- 1,266 CAD/month + tax
- Total Payable: 60,761 CAD
- Total Interest: 9,796 CAD
- 14.9%Interest Rate x 48 months
- 1,416 CAD/month + tax
- Total Payable: 67,960 CAD
- Total Interest: 16,994 CAD
At the end of the Lease Contract
Residual Value: 36,879 CAD (in 19 months)
- 4.9%Interest Rate x 48 months
- 848 CAD/month + tax
- Total Payable: 40,686 CAD
- Total Interest: 3,807 CAD
- 8.9%Interest Rate x 48 months
- 916 CAD/month + tax
- Total Payable: 43,968 CAD
- Total Interest: 7,088 CAD
- 14.9%Interest Rate x 48 months
- 1,025 CAD/month + tax
- Total Payable: 49,176 CAD
- Total Interest: 12,297 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)
29.97
- + tax
- + fuel
- + insurance
- 34.23CAD/100km (TODAY without the Cash Incentive)
- 50.80CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
24.37
- + tax
- + insurance
- + km driven & fuel
- 27.84CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
570.85
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2019)
Seller Contact Info
This Contract was Already Transferred.
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