Payment Analysis

472.56CAD/monthin Mississauga, ON
    Before Taxes:
  • 472.56 CAD/month
  • 218.10 CAD/bi-weekly
  • 109.05 CAD/week
  • 5,670.72 CAD/year
Incl. Ontario Taxes (13%):
  • 533.99 CAD/month
  • 246.46 CAD/bi-weekly
  • 123.23 CAD/week
  • 6,407.91 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: 9,963 ~ 10,363 CAD

compared to leasing a BRAND NEW:

  • BMW 330i xDrive Sedan
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,011
This Contract (CAD/month) 473
Monthly Difference 539 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 9,163 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 9,963 ~ 10,363

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,489 CAD
  • Total Vehicle Debt: 45,387 CAD
  • Paid so Far: 14,899 CAD (32% Paid)
  • Remaining Lease Payments: 8,034 CAD
  • Residual Value: 22,455 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,899 CAD Total Vehicle Value: 45,387 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 250 CAD Remaining Term: 8,034 CAD
Term Paid so Far: 14,649 CAD Residual Value: 22,455 CAD
0%
32%
17%
51%
Cost to Own
Already Paid: 14,899 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 30,489 CAD
32% Paid
0%
68%
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: 30,489 CAD

  • 4.9%Interest Rate x 48 months
  • 701 CAD/month + tax
  • Total Payable: 33,636 CAD
  • Total Interest: 3,147 CAD
  • 8.9%Interest Rate x 48 months
  • 757 CAD/month + tax
  • Total Payable: 36,349 CAD
  • Total Interest: 5,860 CAD
  • 14.9%Interest Rate x 48 months
  • 847 CAD/month + tax
  • Total Payable: 40,655 CAD
  • Total Interest: 10,166 CAD

At the end of the Lease Contract

Residual Value: 22,455 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,773 CAD
  • Total Interest: 2,318 CAD
  • 8.9%Interest Rate x 48 months
  • 558 CAD/month + tax
  • Total Payable: 26,771 CAD
  • Total Interest: 4,316 CAD
  • 14.9%Interest Rate x 48 months
  • 624 CAD/month + tax
  • Total Payable: 29,942 CAD
  • Total Interest: 7,487 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)
18.47
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 35.44CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
15.54
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
590.50
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

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