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: 7,071 ~ 8,371 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 17 months
Total Monthly Difference = 4,471 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,071 ~ 8,371
** "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: 38,814 CAD
  • Total Vehicle Debt: 65,692 CAD
  • Paid so Far: 25,878 CAD (39% Paid)
  • Remaining Lease Payments: 13,920 CAD
  • Residual Value: 25,894 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 25,878 CAD Total Vehicle Value: 65,692 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 495 CAD Remaining Term: 13,920 CAD
Term Paid so Far: 25,383 CAD Residual Value: 25,894 CAD
0%
39%
21%
40%
Cost to Own
Already Paid: 25,878 CAD (39%)
Cash Incentive: 1,000 CAD Buyout Price Today: 38,814 CAD
39% Paid
1%
60%
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: 38,814 CAD

  • 4.9%Interest Rate x 48 months
  • 892 CAD/month + tax
  • Total Payable: 42,820 CAD
  • Total Interest: 4,007 CAD
  • 8.9%Interest Rate x 48 months
  • 964 CAD/month + tax
  • Total Payable: 46,274 CAD
  • Total Interest: 7,460 CAD
  • 14.9%Interest Rate x 48 months
  • 1,078 CAD/month + tax
  • Total Payable: 51,756 CAD
  • Total Interest: 12,942 CAD

At the end of the Lease Contract

Residual Value: 25,894 CAD (in 17 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)

Distance Analysis
Cost to drive 100km: (CAD)
40.37
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 43.50CAD/100km (TODAY without the Cash Incentive)
  • 81.88CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
24.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 26.92CAD/day (Original Contract back in Nov, 2018)
Remaining Km
Can be driven up to:
434.39
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

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