Payment Analysis

1,175.40CAD/monthin Quebec, QC
    Before Taxes:
  • 1,175.40 CAD/month
  • 542.49 CAD/bi-weekly
  • 271.25 CAD/week
  • 14,104.80 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,351.47 CAD/month
  • 623.76 CAD/bi-weekly
  • 311.88 CAD/week
  • 16,217.70 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: 6,242 ~ 7,542 CAD

compared to leasing a BRAND NEW:

  • BMW M4 Coupe (Prices not available for BMW M2 Competition Automatic 2WD)
  • for 36 months
  • in QC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,386
This Contract (CAD/month) 1,175
Monthly Difference 211 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 4,642 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,242 ~ 7,542

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 62,335 CAD
  • Total Vehicle Debt: 92,895 CAD
  • Paid so Far: 30,560 CAD (32% Paid)
  • Remaining Lease Payments: 25,859 CAD
  • Residual Value: 36,476 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 30,560 CAD Total Vehicle Value: 92,895 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,859 CAD
Term Paid so Far: 30,560 CAD Residual Value: 36,476 CAD
0%
32%
28%
40%
Cost to Own
Already Paid: 30,560 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 62,335 CAD
32% Paid
0%
68%
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: 62,335 CAD

  • 4.9%Interest Rate x 48 months
  • 1,433 CAD/month + tax
  • Total Payable: 68,769 CAD
  • Total Interest: 6,435 CAD
  • 8.9%Interest Rate x 48 months
  • 1,548 CAD/month + tax
  • Total Payable: 74,315 CAD
  • Total Interest: 11,981 CAD
  • 14.9%Interest Rate x 48 months
  • 1,732 CAD/month + tax
  • Total Payable: 83,120 CAD
  • Total Interest: 20,785 CAD

At the end of the Lease Contract

Residual Value: 36,476 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 838 CAD/month + tax
  • Total Payable: 40,241 CAD
  • Total Interest: 3,765 CAD
  • 8.9%Interest Rate x 48 months
  • 906 CAD/month + tax
  • Total Payable: 43,486 CAD
  • Total Interest: 7,011 CAD
  • 14.9%Interest Rate x 48 months
  • 1,013 CAD/month + tax
  • Total Payable: 48,638 CAD
  • Total Interest: 12,163 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)
40.72
  • + tax
  • + fuel
  • + insurance
(or 0.41CAD per km)
  • 70.52CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
38.64
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
666.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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