Payment Analysis

557.00CAD/monthin Calgary, AB
    Before Taxes:
  • 557.00 CAD/month
  • 257.08 CAD/bi-weekly
  • 128.54 CAD/week
  • 6,684.00 CAD/year
Incl. Alberta Taxes (5%):
  • 584.85 CAD/month
  • 269.93 CAD/bi-weekly
  • 134.97 CAD/week
  • 7,018.20 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: 2,996 ~ 4,296 CAD

compared to leasing a BRAND NEW:

  • BMW M240i xDrive Coupe AWD
  • for 42 months
  • in AB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 953
This Contract (CAD/month) 557
Monthly Difference 396 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 396 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,996 ~ 4,296
** "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: 14,309 CAD
  • Total Vehicle Debt: 46,488 CAD
  • Paid so Far: 31,179 CAD (67% Paid)
  • Remaining Lease Payments: 557 CAD
  • Residual Value: 14,752 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 31,179 CAD Total Vehicle Value: 46,488 CAD
67% Paid
33%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 557 CAD
Term Paid so Far: 26,179 CAD Residual Value: 14,752 CAD
10%
57%
1%
32%
Cost to Own
Already Paid: 31,179 CAD (67%)
Cash Incentive: 1,000 CAD Buyout Price Today: 14,309 CAD
67% Paid
2%
31%
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: 14,309 CAD

  • 4.9%Interest Rate x 48 months
  • 329 CAD/month + tax
  • Total Payable: 15,786 CAD
  • Total Interest: 1,477 CAD
  • 8.9%Interest Rate x 48 months
  • 355 CAD/month + tax
  • Total Payable: 17,059 CAD
  • Total Interest: 2,750 CAD
  • 14.9%Interest Rate x 48 months
  • 398 CAD/month + tax
  • Total Payable: 19,080 CAD
  • Total Interest: 4,771 CAD

At the end of the Lease Contract

Residual Value: 14,752 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,275 CAD
  • Total Interest: 1,523 CAD
  • 8.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,587 CAD
  • Total Interest: 2,835 CAD
  • 14.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,671 CAD
  • Total Interest: 4,919 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)
-0.50
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 0.63CAD/100km (TODAY without the Cash Incentive)
  • 27.85CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
-14.56
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 18.31CAD/day (Original Contract back in Jun, 2021)
Remaining Km
Can be driven up to:
20,456.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.64CAD
  • 461.54km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Calgary

+ 500 cash
CAD/month x 27 months
2024 Mazda 3 Sport GT Turbo (ID: #58597)
498
Calgary, AB
2024 Mazda

3 Sport GT Turbo Automatique AWD Turbo

  • Winter Tires Included
Payment Details
  • Current Payment: 498 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 479 CAD/month + tax
  • Residual Value: 20,927 CAD
  • Months to End: 27 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,750 km total
  • Available Now: 24,704 km/year (2,059 per month)
See all Details
CAD/month x 46 months
2024 Hyundai Elantra Luxury 4D (ID: #59040)
519
Calgary, AB
2024 Hyundai

Elantra Luxury 4D CVT 2WD

  • Winter Tires Included
Payment Details
  • Current Payment: 519 CAD/month + tax
  • Months to End: 46 months (Mar, 2029)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 33,000 km total
  • Available Now: 11,913 km/year (993 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 20 months
2022 Mazda Mazda Miata GT (ID: #58999)
600
Calgary
2022 Mazda

Mazda Miata GT Manuelle 2WD

Payment Details
  • Current Payment: 600 CAD/month + tax
  • Residual Value: 26,527 CAD
  • Months to End: 20 months (Jan, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 7,800 km total
  • Available Now: 43,320 km/year (3,610 per month)
See all Details
CAD/month x 2 months
2023 Subaru Base (ID: #55667)
419
Calgary, AB
2023 Subaru

Base Manuelle AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 419 CAD/month + tax
  • Residual Value: 28,598 CAD
  • Months to End: 2 months (Jul, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 36,700 km total
  • Available Now: 67,800 km/year (5,650 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details
CAD/month x 11 months
2020 KIA Rio Hatchback (ID: #54456)
240
Calgary
2020 KIA

Rio Hatchback Automatique 2WD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 240 CAD/month + tax
  • Residual Value: 9,200 CAD
  • Months to End: 11 months (Apr, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 94,000 km total
  • Available Now: 28,364 km/year (2,364 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details
+ 5,000 cash
CAD/month x 53 months
2017 Mitsubishi 2017 (ID: #53610)
500
Calgary
2017 Mitsubishi

2017 Automatique AWD Lancer

Payment Details
  • Current Payment: 500 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 594 CAD/month + tax
  • Months to End: 53 months (Oct, 2029)
Vehicle Status
  • Contract Allowance: 65,000 km/year
  • Current Odometer: 150,000 km total
  • Available Now: 62,925 km/year (5,244 per month)
See all Details