Payment Analysis
981.14CAD/monthin Saskatoon, SK
- 981.14 CAD/month
- 452.83 CAD/bi-weekly
- 226.42 CAD/week
- 11,773.68 CAD/year
Before Taxes:
Incl. Saskatchewan Taxes (11%):
- 1,089.07 CAD/month
- 502.65 CAD/bi-weekly
- 251.32 CAD/week
- 13,068.78 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:
4,124 CAD
compared to leasing a BRAND NEW:
- BMW M3 Automatic 2WD
- for 42 months
- in SK
- $0 down payment
- 12,000 km/year
| Leasing New (CAD/month) | 1,265 |
|---|---|
| This Contract (CAD/month) | 981 |
| Monthly Difference | 284 CAD/month |
| Remaining Term | x 11 months |
| Total Monthly Difference | = 3,124 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| Total Savings (CAD) | = 4,124 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
60,793 CAD
- Total Vehicle Debt: 114,195 CAD
- Paid so Far: 52,402 CAD (45% Paid)
- Remaining Lease Payments: 10,793 CAD
- Residual Value: 51,000 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 52,402 CAD Total Vehicle Value: 114,195 CAD
Vehicle Debt Breakdown
Downpayment: 16,100 CAD Remaining Term: 10,793 CAD
Term Paid so Far: 36,302 CAD Residual Value: 51,000 CAD
Cost to Own
Already Paid: 52,402 CAD (45%)
Cash Incentive: 1,000 CAD Buyout Price Today: 60,793 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: 60,793 CAD
- 4.9%Interest Rate x 48 months
- 1,397 CAD/month + tax
- Total Payable: 67,068 CAD
- Total Interest: 6,276 CAD
- 8.9%Interest Rate x 48 months
- 1,510 CAD/month + tax
- Total Payable: 72,477 CAD
- Total Interest: 11,685 CAD
- 14.9%Interest Rate x 48 months
- 1,689 CAD/month + tax
- Total Payable: 81,063 CAD
- Total Interest: 20,271 CAD
At the end of the Lease Contract
Residual Value: 51,000 CAD (in 11 months)
- 4.9%Interest Rate x 48 months
- 1,172 CAD/month + tax
- Total Payable: 56,265 CAD
- Total Interest: 5,265 CAD
- 8.9%Interest Rate x 48 months
- 1,267 CAD/month + tax
- Total Payable: 60,802 CAD
- Total Interest: 9,802 CAD
- 14.9%Interest Rate x 48 months
- 1,417 CAD/month + tax
- Total Payable: 68,006 CAD
- Total Interest: 17,006 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)
21.17
- + tax
- + fuel
- + insurance
- 23.34CAD/100km (TODAY without the Cash Incentive)
- 98.11CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
29.27
- + tax
- + insurance
- + km driven & fuel
- 32.26CAD/day (Original Contract back in Apr, 2021)
Remaining Km
Can be driven up to:
970.28
- km/week
- without any
- additional costs
- 230.77km/week (Contract Original back in Apr, 2021)
