Payment Analysis

916.65CAD/monthin Ottawa, ON
    Before Taxes:
  • 916.65 CAD/month
  • 423.07 CAD/bi-weekly
  • 211.53 CAD/week
  • 10,999.80 CAD/year
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
Savings Breakdown:
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
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,583 CAD
Term Paid so Far: 39,416 CAD Residual Value: 27,306 CAD
0%
55%
6%
39%
Cost to Own
Already Paid: 39,416 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 31,889 CAD
55% Paid
0%
45%
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
(or 0.09CAD per km)
  • 68.75CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
30.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,416.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.