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:
1,943 ~ 3,243 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 7 months |
| Total Monthly Difference | = 343 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,943 ~ 3,243 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
33,723 CAD
- Total Vehicle Debt: 71,305 CAD
- Paid so Far: 37,583 CAD (52% Paid)
- Remaining Lease Payments: 6,417 CAD
- Residual Value: 27,306 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 37,583 CAD Total Vehicle Value: 71,305 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,417 CAD
Term Paid so Far: 37,583 CAD Residual Value: 27,306 CAD
Cost to Own
Already Paid: 37,583 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 33,723 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: 33,723 CAD
- 4.9%Interest Rate x 48 months
- 775 CAD/month + tax
- Total Payable: 37,204 CAD
- Total Interest: 3,481 CAD
- 8.9%Interest Rate x 48 months
- 838 CAD/month + tax
- Total Payable: 40,204 CAD
- Total Interest: 6,482 CAD
- 14.9%Interest Rate x 48 months
- 937 CAD/month + tax
- Total Payable: 44,967 CAD
- Total Interest: 11,245 CAD
At the end of the Lease Contract
Residual Value: 27,306 CAD (in 7 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)
12.25
- + 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:
1,726.15
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Sep, 2020)
