Payment Analysis

960.00CAD/monthin Markham, ON
    Before Taxes:
  • 960.00 CAD/month
  • 443.08 CAD/bi-weekly
  • 221.54 CAD/week
  • 11,520.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,084.80 CAD/month
  • 500.68 CAD/bi-weekly
  • 250.34 CAD/week
  • 13,017.60 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: 7,454 ~ 8,754 CAD

compared to leasing a BRAND NEW:

  • BMW M340i xDrive Sedan
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,166
This Contract (CAD/month) 960
Monthly Difference 206 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 1,854 CAD
+ Cash Incentive** (CAD) + 4,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,454 ~ 8,754
** "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: 37,233 CAD
  • Total Vehicle Debt: 75,793 CAD
  • Paid so Far: 34,560 CAD (45% Paid)
  • Remaining Lease Payments: 8,640 CAD
  • Residual Value: 32,593 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 34,560 CAD Total Vehicle Value: 75,793 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,640 CAD
Term Paid so Far: 34,560 CAD Residual Value: 32,593 CAD
0%
45%
11%
44%
Cost to Own
Already Paid: 34,560 CAD (45%)
Cash Incentive: 4,000 CAD Buyout Price Today: 37,233 CAD
45% Paid
5%
50%
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: 37,233 CAD

  • 4.9%Interest Rate x 48 months
  • 856 CAD/month + tax
  • Total Payable: 41,076 CAD
  • Total Interest: 3,844 CAD
  • 8.9%Interest Rate x 48 months
  • 925 CAD/month + tax
  • Total Payable: 44,389 CAD
  • Total Interest: 7,156 CAD
  • 14.9%Interest Rate x 48 months
  • 1,034 CAD/month + tax
  • Total Payable: 49,648 CAD
  • Total Interest: 12,415 CAD

At the end of the Lease Contract

Residual Value: 32,593 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 749 CAD/month + tax
  • Total Payable: 35,957 CAD
  • Total Interest: 3,365 CAD
  • 8.9%Interest Rate x 48 months
  • 810 CAD/month + tax
  • Total Payable: 38,857 CAD
  • Total Interest: 6,264 CAD
  • 14.9%Interest Rate x 48 months
  • 905 CAD/month + tax
  • Total Payable: 43,460 CAD
  • Total Interest: 10,868 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)
11.60
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 21.60CAD/100km (TODAY without the Cash Incentive)
  • 48.00CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
16.95
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
  • 31.56CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
1,025.64
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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