Payment Analysis
486.00CAD/monthin Toronto, ON
- 486.00 CAD/month
- 224.31 CAD/bi-weekly
- 112.15 CAD/week
- 5,832.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 549.18 CAD/month
- 253.47 CAD/bi-weekly
- 126.73 CAD/week
- 6,590.16 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:
30,702 CAD
compared to leasing a BRAND NEW:
- BMW 430i xDrive Gran Coupe
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 1,005 |
---|---|
This Contract (CAD/month) | 486 |
Monthly Difference | 519 CAD/month |
Remaining Term | x 58 months |
Total Monthly Difference | = 30,102 CAD |
+ Cash Incentive** (CAD) | + 600 |
Total Savings (CAD) | = 30,702 |
** "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:
52,688 CAD
- Total Vehicle Debt: 55,428 CAD
- Paid so Far: 2,140 CAD (3% Paid)
- Remaining Lease Payments: 28,188 CAD
- Residual Value: 25,100 CAD
- Cash Incentive: 600 CAD
Vehicle Debt & Value
Paid so far: 2,140 CAD Total Vehicle Value: 55,428 CAD
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 28,188 CAD
Term Paid so Far: -4,860 CAD Residual Value: 25,100 CAD
Cost to Own
Already Paid: 2,140 CAD (3%)
Cash Incentive: 600 CAD Buyout Price Today: 52,688 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: 52,688 CAD
- 4.9%Interest Rate x 48 months
- 1,211 CAD/month + tax
- Total Payable: 58,127 CAD
- Total Interest: 5,439 CAD
- 8.9%Interest Rate x 48 months
- 1,309 CAD/month + tax
- Total Payable: 62,815 CAD
- Total Interest: 10,127 CAD
- 14.9%Interest Rate x 48 months
- 1,464 CAD/month + tax
- Total Payable: 70,256 CAD
- Total Interest: 17,568 CAD
At the end of the Lease Contract
Residual Value: 25,100 CAD (in 58 months)
- 4.9%Interest Rate x 48 months
- 577 CAD/month + tax
- Total Payable: 27,691 CAD
- Total Interest: 2,591 CAD
- 8.9%Interest Rate x 48 months
- 623 CAD/month + tax
- Total Payable: 29,924 CAD
- Total Interest: 4,824 CAD
- 14.9%Interest Rate x 48 months
- 697 CAD/month + tax
- Total Payable: 33,469 CAD
- Total Interest: 8,369 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)
114.95
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
15.64
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
95.49
- km/week
- without any
- additional costs
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