Payment Analysis

664.20CAD/monthin Toronto, ON
    Before Taxes:
  • 664.20 CAD/month
  • 306.55 CAD/bi-weekly
  • 153.28 CAD/week
  • 7,970.40 CAD/year
Incl. Ontario Taxes (13%):
  • 750.55 CAD/month
  • 346.41 CAD/bi-weekly
  • 173.20 CAD/week
  • 9,006.55 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: 19,282 ~ 20,182 CAD

compared to leasing a BRAND NEW:

  • BMW 430i xDrive with Premium Package Essential
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 910
This Contract (CAD/month) 664
Monthly Difference 246 CAD/month
Remaining Term x 67 months
Total Monthly Difference = 16,482 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 19,282 ~ 20,182
** "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: 68,548 CAD
  • Total Vehicle Debt: 57,929 CAD
  • Paid so Far: -12,620 CAD (-22% Paid)
  • Remaining Lease Payments: 44,501 CAD
  • Residual Value: 26,047 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: -12,620 CAD Total Vehicle Value: 57,929 CAD
-22% Paid
122%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 44,501 CAD
Term Paid so Far: -12,620 CAD Residual Value: 26,047 CAD
0%
-22%
76%
46%
Cost to Own
Already Paid: -12,620 CAD (-22%)
Cash Incentive: 2,000 CAD Buyout Price Today: 68,548 CAD
-22% Paid
3%
119%
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: 68,548 CAD

  • 4.9%Interest Rate x 48 months
  • 1,576 CAD/month + tax
  • Total Payable: 75,625 CAD
  • Total Interest: 7,076 CAD
  • 8.9%Interest Rate x 48 months
  • 1,703 CAD/month + tax
  • Total Payable: 81,724 CAD
  • Total Interest: 13,175 CAD
  • 14.9%Interest Rate x 48 months
  • 1,904 CAD/month + tax
  • Total Payable: 91,405 CAD
  • Total Interest: 22,857 CAD

At the end of the Lease Contract

Residual Value: 26,047 CAD (in 67 months)

  • 4.9%Interest Rate x 48 months
  • 599 CAD/month + tax
  • Total Payable: 28,736 CAD
  • Total Interest: 2,689 CAD
  • 8.9%Interest Rate x 48 months
  • 647 CAD/month + tax
  • Total Payable: 31,053 CAD
  • Total Interest: 5,006 CAD
  • 14.9%Interest Rate x 48 months
  • 724 CAD/month + tax
  • Total Payable: 34,732 CAD
  • Total Interest: 8,685 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)
137.10
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
20.86
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
106.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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