Payment Analysis

890.39CAD/monthin Mississauga, ON
    Before Taxes:
  • 890.39 CAD/month
  • 410.95 CAD/bi-weekly
  • 205.47 CAD/week
  • 10,684.68 CAD/year
Incl. Ontario Taxes (13%):
  • 1,006.14 CAD/month
  • 464.37 CAD/bi-weekly
  • 232.19 CAD/week
  • 12,073.69 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: 8,276 ~ 9,176 CAD

compared to leasing a BRAND NEW:

  • BMW X3 xDrive30i
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,157
This Contract (CAD/month) 890
Monthly Difference 267 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 7,476 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,276 ~ 9,176

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 54,374 CAD
  • Total Vehicle Debt: 66,840 CAD
  • Paid so Far: 12,465 CAD (18% Paid)
  • Remaining Lease Payments: 24,931 CAD
  • Residual Value: 29,443 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,465 CAD Total Vehicle Value: 66,840 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,931 CAD
Term Paid so Far: 12,465 CAD Residual Value: 29,443 CAD
0%
18%
37%
45%
Cost to Own
Already Paid: 12,465 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 54,374 CAD
18% Paid
0%
82%
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: 54,374 CAD

  • 4.9%Interest Rate x 48 months
  • 1,250 CAD/month + tax
  • Total Payable: 59,987 CAD
  • Total Interest: 5,613 CAD
  • 8.9%Interest Rate x 48 months
  • 1,351 CAD/month + tax
  • Total Payable: 64,825 CAD
  • Total Interest: 10,451 CAD
  • 14.9%Interest Rate x 48 months
  • 1,511 CAD/month + tax
  • Total Payable: 72,505 CAD
  • Total Interest: 18,131 CAD

At the end of the Lease Contract

Residual Value: 29,443 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 677 CAD/month + tax
  • Total Payable: 32,483 CAD
  • Total Interest: 3,040 CAD
  • 8.9%Interest Rate x 48 months
  • 731 CAD/month + tax
  • Total Payable: 35,102 CAD
  • Total Interest: 5,659 CAD
  • 14.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,261 CAD
  • Total Interest: 9,818 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)
51.43
  • + tax
  • + fuel
  • + insurance
(or 0.51CAD per km)
  • 53.42CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
29.27
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
399.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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