Payment Analysis

821.76CAD/monthin Calgary, AB
    Before Taxes:
  • 821.76 CAD/month
  • 379.27 CAD/bi-weekly
  • 189.64 CAD/week
  • 9,861.12 CAD/year
Incl. Alberta Taxes (5%):
  • 862.85 CAD/month
  • 398.24 CAD/bi-weekly
  • 199.12 CAD/week
  • 10,354.18 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: 3,095 ~ 3,995 CAD

compared to leasing a BRAND NEW:

  • BMW M340i xDrive Sedan
  • for 36 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,280
This Contract (CAD/month) 822
Monthly Difference 459 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 2,295 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,095 ~ 3,995

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,108 CAD
  • Total Vehicle Debt: 75,943 CAD
  • Paid so Far: 42,836 CAD (56% Paid)
  • Remaining Lease Payments: 4,109 CAD
  • Residual Value: 28,999 CAD
  • Required Payment: 0 CAD
Vehicle Debt & Value
Paid so far: 42,836 CAD Total Vehicle Value: 75,943 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 7,500 CAD Remaining Term: 4,109 CAD
Term Paid so Far: 35,336 CAD Residual Value: 28,999 CAD
9%
47%
5%
39%
Cost to Own
Already Paid: 42,836 CAD (56%)
Required Payment: 0 CAD (0%)Buyout Price Today: 33,108 CAD
56% Paid
0%
44%
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: 33,108 CAD

  • 4.9%Interest Rate x 48 months
  • 761 CAD/month + tax
  • Total Payable: 36,526 CAD
  • Total Interest: 3,418 CAD
  • 8.9%Interest Rate x 48 months
  • 822 CAD/month + tax
  • Total Payable: 39,471 CAD
  • Total Interest: 6,363 CAD
  • 14.9%Interest Rate x 48 months
  • 920 CAD/month + tax
  • Total Payable: 44,147 CAD
  • Total Interest: 11,040 CAD

At the end of the Lease Contract

Residual Value: 28,999 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 31,993 CAD
  • Total Interest: 2,994 CAD
  • 8.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,573 CAD
  • Total Interest: 5,574 CAD
  • 14.9%Interest Rate x 48 months
  • 806 CAD/month + tax
  • Total Payable: 38,668 CAD
  • Total Interest: 9,670 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)
5.44
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 49.31CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
27.02
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,487.11
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2021)

Seller Contact Info

This Contract was Already Transferred.

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