Payment Analysis

1,243.22CAD/monthin Edmonton, AB
    Before Taxes:
  • 1,243.22 CAD/month
  • 573.79 CAD/bi-weekly
  • 286.90 CAD/week
  • 14,918.64 CAD/year
Incl. Alberta Taxes (5%):
  • 1,305.38 CAD/month
  • 602.48 CAD/bi-weekly
  • 301.24 CAD/week
  • 15,664.57 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: 15,696 ~ 16,996 CAD

compared to leasing a BRAND NEW:

  • BMW M550i Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
  • for 24 months
  • in AB
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,819
This Contract (CAD/month) 1,243
Monthly Difference 576 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 12,096 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 15,696 ~ 16,996
** "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: 74,562 CAD
  • Total Vehicle Debt: 110,564 CAD
  • Paid so Far: 34,002 CAD (30% Paid)
  • Remaining Lease Payments: 26,108 CAD
  • Residual Value: 50,455 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 34,002 CAD Total Vehicle Value: 110,564 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 435 CAD Remaining Term: 26,108 CAD
Term Paid so Far: 33,567 CAD Residual Value: 50,455 CAD
0%
30%
23%
47%
Cost to Own
Already Paid: 34,002 CAD (30%)
Cash Incentive: 2,000 CAD Buyout Price Today: 74,562 CAD
30% Paid
1%
69%
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: 74,562 CAD

  • 4.9%Interest Rate x 48 months
  • 1,714 CAD/month + tax
  • Total Payable: 82,259 CAD
  • Total Interest: 7,697 CAD
  • 8.9%Interest Rate x 48 months
  • 1,852 CAD/month + tax
  • Total Payable: 88,893 CAD
  • Total Interest: 14,331 CAD
  • 14.9%Interest Rate x 48 months
  • 2,071 CAD/month + tax
  • Total Payable: 99,424 CAD
  • Total Interest: 24,862 CAD

At the end of the Lease Contract

Residual Value: 50,455 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 1,160 CAD/month + tax
  • Total Payable: 55,663 CAD
  • Total Interest: 5,209 CAD
  • 8.9%Interest Rate x 48 months
  • 1,253 CAD/month + tax
  • Total Payable: 60,152 CAD
  • Total Interest: 9,698 CAD
  • 14.9%Interest Rate x 48 months
  • 1,402 CAD/month + tax
  • Total Payable: 67,278 CAD
  • Total Interest: 16,824 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)
146.11
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
37.74
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
181.32
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

Seller Contact Info

This Contract was Already Transferred.