Payment Analysis

652.17CAD/monthin Saint John, NB
    Before Taxes:
  • 652.17 CAD/month
  • 301.00 CAD/bi-weekly
  • 150.50 CAD/week
  • 7,826.04 CAD/year
Incl. New Brunswick Taxes (15%):
  • 750.00 CAD/month
  • 346.15 CAD/bi-weekly
  • 173.08 CAD/week
  • 8,999.95 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: 13,540 ~ 14,840 CAD

compared to leasing a BRAND NEW:

  • BMW 430i + Premium Package
  • for 36 months
  • in New Brunswick
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 884
This Contract (CAD/month) 652
Monthly Difference 232 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 10,440 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 13,540 ~ 14,840
** "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: 56,339 CAD
  • Total Vehicle Debt: 59,795 CAD
  • Paid so Far: 1,957 CAD (3% Paid)
  • Remaining Lease Payments: 29,348 CAD
  • Residual Value: 28,491 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 1,957 CAD Total Vehicle Value: 59,795 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,348 CAD
Term Paid so Far: 1,957 CAD Residual Value: 28,491 CAD
0%
3%
49%
48%
Cost to Own
Already Paid: 1,957 CAD (3%)
Cash Incentive: 1,500 CAD Buyout Price Today: 56,339 CAD
3% Paid
2%
95%
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: 56,339 CAD

  • 4.9%Interest Rate x 48 months
  • 1,295 CAD/month + tax
  • Total Payable: 62,155 CAD
  • Total Interest: 5,816 CAD
  • 8.9%Interest Rate x 48 months
  • 1,399 CAD/month + tax
  • Total Payable: 67,167 CAD
  • Total Interest: 10,829 CAD
  • 14.9%Interest Rate x 48 months
  • 1,565 CAD/month + tax
  • Total Payable: 75,125 CAD
  • Total Interest: 18,786 CAD

At the end of the Lease Contract

Residual Value: 28,491 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 655 CAD/month + tax
  • Total Payable: 31,432 CAD
  • Total Interest: 2,941 CAD
  • 8.9%Interest Rate x 48 months
  • 708 CAD/month + tax
  • Total Payable: 33,967 CAD
  • Total Interest: 5,476 CAD
  • 14.9%Interest Rate x 48 months
  • 791 CAD/month + tax
  • Total Payable: 37,991 CAD
  • Total Interest: 9,500 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)
42.68
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
20.35
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
334.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD