Payment Analysis

846.65CAD/monthin London, ON
    Before Taxes:
  • 846.65 CAD/month
  • 390.76 CAD/bi-weekly
  • 195.38 CAD/week
  • 10,159.80 CAD/year
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
Savings Breakdown:
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
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 511 CAD Remaining Term: 16,086 CAD
Term Paid so Far: 16,933 CAD Residual Value: 36,879 CAD
0%
24%
23%
53%
Cost to Own
Already Paid: 17,444 CAD (24%)
Cash Incentive: 2,000 CAD Buyout Price Today: 50,966 CAD
24% Paid
2%
74%
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
(inlcuding the 2,000CAD incentive)
  • 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
(inlcuding the 2,000CAD incentive)
  • 27.84CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
570.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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