Payment Analysis

582.34CAD/monthin Burnaby, BC
    Before Taxes:
  • 582.34 CAD/month
  • 268.77 CAD/bi-weekly
  • 134.39 CAD/week
  • 6,988.08 CAD/year
Incl. B.C. Taxes (12%):
  • 652.22 CAD/month
  • 301.02 CAD/bi-weekly
  • 150.51 CAD/week
  • 7,826.65 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: 6,344 ~ 7,244 CAD

compared to leasing a BRAND NEW:

  • BMW 230I Xdrive M Sport package Automatic AWD M Sport package
  • for 24 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,044
This Contract (CAD/month) 582
Monthly Difference 462 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 5,544 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,344 ~ 7,244

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,596 CAD
  • Total Vehicle Debt: 49,560 CAD
  • Paid so Far: 20,964 CAD (42% Paid)
  • Remaining Lease Payments: 6,988 CAD
  • Residual Value: 21,608 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,964 CAD Total Vehicle Value: 49,560 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,988 CAD
Term Paid so Far: 20,964 CAD Residual Value: 21,608 CAD
0%
42%
14%
44%
Cost to Own
Already Paid: 20,964 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 28,596 CAD
42% Paid
0%
58%
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: 28,596 CAD

  • 4.9%Interest Rate x 48 months
  • 657 CAD/month + tax
  • Total Payable: 31,548 CAD
  • Total Interest: 2,952 CAD
  • 8.9%Interest Rate x 48 months
  • 710 CAD/month + tax
  • Total Payable: 34,092 CAD
  • Total Interest: 5,496 CAD
  • 14.9%Interest Rate x 48 months
  • 794 CAD/month + tax
  • Total Payable: 38,131 CAD
  • Total Interest: 9,535 CAD

At the end of the Lease Contract

Residual Value: 21,608 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,838 CAD
  • Total Interest: 2,231 CAD
  • 8.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,761 CAD
  • Total Interest: 4,153 CAD
  • 14.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,812 CAD
  • Total Interest: 7,205 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)
15.08
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
  • 34.94CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
19.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
891.37
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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