BMW Lease Takeover in Edmonton, AB: 2018 BMW X1 xDrive 28i M Sport Line Automatique AWD ID:#24961 • LeaseCosts Canada

Payment Analysis

818.82CAD/monthin Edmonton, AB

Before Taxes:

818.82 CAD/month
377.92 CAD/bi-weekly
188.96 CAD/week
9,825.84 CAD/year

Incl. Alberta Taxes (5%):

859.76 CAD/month
396.81 CAD/bi-weekly
198.41 CAD/week
10,317.13 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: 12,331 ~ 13,631 CAD

compared to leasing a BRAND NEW:

BMW X1xDrive 28i Automatic AWD M Sport Line, Driver Assistance Package, Premium Package Enhanced, Smartphone Connectivity Package, Winter Tire Set, Remote Started
for 24 months
in Alberta
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,081
This Contract (CAD/month)	819
Monthly Difference	263 CAD/month
Remaining Term	x 37 months
Total Monthly Difference	= 9,731 CAD
+ Cash Incentive** (CAD)	+ 1,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 12,331 ~ 13,631
	** "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: 55,190 CAD

Total Vehicle Debt: 65,692 CAD
Paid so Far: 9,502 CAD (14% Paid)
Remaining Lease Payments: 30,296 CAD
Residual Value: 25,894 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 9,502 CAD Total Vehicle Value: 65,692 CAD

14% Paid

86%

Vehicle Debt Breakdown

Downpayment: 495 CAD Remaining Term: 30,296 CAD

Term Paid so Far: 9,007 CAD Residual Value: 25,894 CAD

14%

46%

40%

Cost to Own

Already Paid: 9,502 CAD (14%)

Cash Incentive: 1,000 CAD Buyout Price Today: 55,190 CAD

14% Paid

85%

Additional Financing Details

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: 55,190 CAD

4.9%Interest Rate x 48 months
1,268 CAD/month + tax
Total Payable: 60,887 CAD
Total Interest: 5,697 CAD

8.9%Interest Rate x 48 months
1,371 CAD/month + tax
Total Payable: 65,798 CAD
Total Interest: 10,608 CAD

14.9%Interest Rate x 48 months
1,533 CAD/month + tax
Total Payable: 73,593 CAD
Total Interest: 18,403 CAD

At the end of the Lease Contract

Residual Value: 25,894 CAD (in 37 months)

4.9%Interest Rate x 48 months
595 CAD/month + tax
Total Payable: 28,567 CAD
Total Interest: 2,673 CAD

8.9%Interest Rate x 48 months
643 CAD/month + tax
Total Payable: 30,870 CAD
Total Interest: 4,977 CAD

14.9%Interest Rate x 48 months
719 CAD/month + tax
Total Payable: 34,528 CAD
Total Interest: 8,634 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)