Payment Analysis

489.00CAD/monthin Toronto, ON
    Before Taxes:
  • 489.00 CAD/month
  • 225.69 CAD/bi-weekly
  • 112.85 CAD/week
  • 5,868.00 CAD/year
Incl. Ontario Taxes (13%):
  • 552.57 CAD/month
  • 255.03 CAD/bi-weekly
  • 127.52 CAD/week
  • 6,630.84 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: 1,944 CAD

compared to leasing a BRAND NEW:

  • BMW 430i xdrive coupe Automatic AWD w/ Msport + premium essential + red dakota leather seats + Apple CarPlay
  • for 42 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 975
This Contract (CAD/month) 489
Monthly Difference 486 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 1,944 CAD
Total Savings (CAD) = 1,944

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,906 CAD
  • Total Vehicle Debt: 43,422 CAD
  • Paid so Far: 21,516 CAD (49% Paid)
  • Remaining Lease Payments: 1,956 CAD
  • Residual Value: 19,950 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,516 CAD Total Vehicle Value: 43,422 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,956 CAD
Term Paid so Far: 21,516 CAD Residual Value: 19,950 CAD
0%
49%
4%
47%
Cost to Own
Already Paid: 21,516 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 21,906 CAD
49% Paid
0%
51%
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: 21,906 CAD

  • 4.9%Interest Rate x 48 months
  • 503 CAD/month + tax
  • Total Payable: 24,167 CAD
  • Total Interest: 2,261 CAD
  • 8.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,116 CAD
  • Total Interest: 4,210 CAD
  • 14.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,210 CAD
  • Total Interest: 7,304 CAD

At the end of the Lease Contract

Residual Value: 19,950 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 459 CAD/month + tax
  • Total Payable: 22,009 CAD
  • Total Interest: 2,059 CAD
  • 8.9%Interest Rate x 48 months
  • 496 CAD/month + tax
  • Total Payable: 23,784 CAD
  • Total Interest: 3,834 CAD
  • 14.9%Interest Rate x 48 months
  • 554 CAD/month + tax
  • Total Payable: 26,602 CAD
  • Total Interest: 6,652 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)
3.59
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 32.60CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
16.08
  • + tax
  • + insurance
  • + km driven & fuel
(0.82CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,144.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 346.15km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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