Payment Analysis
916.65CAD/monthin Ottawa, ON
- 916.65 CAD/month
- 423.07 CAD/bi-weekly
- 211.53 CAD/week
- 10,999.80 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,035.81 CAD/month
- 478.07 CAD/bi-weekly
- 239.03 CAD/week
- 12,429.77 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:
1,845 ~ 3,145 CAD
compared to leasing a BRAND NEW:
- BMW M340i xDrive Sedan
- for 39 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 965 |
---|---|
This Contract (CAD/month) | 917 |
Monthly Difference | 49 CAD/month |
Remaining Term | x 5 months |
Total Monthly Difference | = 245 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 1,845 ~ 3,145 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
31,889 CAD
- Total Vehicle Debt: 71,305 CAD
- Paid so Far: 39,416 CAD (55% Paid)
- Remaining Lease Payments: 4,583 CAD
- Residual Value: 27,306 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 39,416 CAD Total Vehicle Value: 71,305 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,583 CAD
Term Paid so Far: 39,416 CAD Residual Value: 27,306 CAD
Cost to Own
Already Paid: 39,416 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 31,889 CAD
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: 31,889 CAD
- 4.9%Interest Rate x 48 months
- 733 CAD/month + tax
- Total Payable: 35,181 CAD
- Total Interest: 3,292 CAD
- 8.9%Interest Rate x 48 months
- 792 CAD/month + tax
- Total Payable: 38,018 CAD
- Total Interest: 6,129 CAD
- 14.9%Interest Rate x 48 months
- 886 CAD/month + tax
- Total Payable: 42,523 CAD
- Total Interest: 10,633 CAD
At the end of the Lease Contract
Residual Value: 27,306 CAD (in 5 months)
- 4.9%Interest Rate x 48 months
- 628 CAD/month + tax
- Total Payable: 30,125 CAD
- Total Interest: 2,819 CAD
- 8.9%Interest Rate x 48 months
- 678 CAD/month + tax
- Total Payable: 32,554 CAD
- Total Interest: 5,248 CAD
- 14.9%Interest Rate x 48 months
- 759 CAD/month + tax
- Total Payable: 36,411 CAD
- Total Interest: 9,105 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)
8.75
- + tax
- + fuel
- + insurance
- 68.75CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
30.14
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
2,416.62
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Sep, 2020)