Payment Analysis
1,001.71CAD/monthin Oakville, ON
- 1,001.71 CAD/month
- 462.33 CAD/bi-weekly
- 231.16 CAD/week
- 12,020.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,131.93 CAD/month
- 522.43 CAD/bi-weekly
- 261.22 CAD/week
- 13,583.19 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:
5,719 ~ 6,619 CAD
compared to leasing a BRAND NEW:
- BMW 440i Gran Coupe
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 1,060 |
---|---|
This Contract (CAD/month) | 1,002 |
Monthly Difference | 59 CAD/month |
Remaining Term | x 41 months |
Total Monthly Difference | = 2,419 CAD |
+ Cash Incentive** (CAD) | + 2,500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 5,719 ~ 6,619 |
** "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:
73,962 CAD
- Total Vehicle Debt: 74,928 CAD
- Paid so Far: -1,534 CAD (-3% Paid)
- Remaining Lease Payments: 41,070 CAD
- Residual Value: 35,391 CAD
- Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: -1,534 CAD Total Vehicle Value: 74,928 CAD
Vehicle Debt Breakdown
Downpayment: 3,475 CAD Remaining Term: 41,070 CAD
Term Paid so Far: -5,009 CAD Residual Value: 35,391 CAD
Cost to Own
Already Paid: -1,534 CAD (-3%)
Cash Incentive: 2,500 CAD Buyout Price Today: 73,962 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: 73,962 CAD
- 4.9%Interest Rate x 48 months
- 1,700 CAD/month + tax
- Total Payable: 81,597 CAD
- Total Interest: 7,635 CAD
- 8.9%Interest Rate x 48 months
- 1,837 CAD/month + tax
- Total Payable: 88,177 CAD
- Total Interest: 14,216 CAD
- 14.9%Interest Rate x 48 months
- 2,055 CAD/month + tax
- Total Payable: 98,624 CAD
- Total Interest: 24,662 CAD
At the end of the Lease Contract
Residual Value: 35,391 CAD (in 41 months)
- 4.9%Interest Rate x 48 months
- 813 CAD/month + tax
- Total Payable: 39,045 CAD
- Total Interest: 3,654 CAD
- 8.9%Interest Rate x 48 months
- 879 CAD/month + tax
- Total Payable: 42,194 CAD
- Total Interest: 6,802 CAD
- 14.9%Interest Rate x 48 months
- 983 CAD/month + tax
- Total Payable: 47,192 CAD
- Total Interest: 11,801 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)
104.46
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
30.93
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
207.83
- km/week
- without any
- additional costs
Similar Listings in Toronto
SAVE ~800 CAD
2023 Hyundai
IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 910 CAD/month + tax
- Months to End: 52 months (Sep, 2028)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 23,538 km/year (1,962 per month)
Deal Special Perks
2019 Honda
Civic, Sport Hatchback Manuelle AWD
Payment Details
- Current Payment: 252 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 45,000 CAD
- Months to End: 63 months (Aug, 2029)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 62,000 km total
- Available Now: 11,048 km/year (921 per month)
2022 Tesla
Model 3 Automatique 2WD
Payment Details
- Current Payment: 330 CAD/month + tax
- Months to End: 72 months (Jun, 2030)
Vehicle Status
- Contract Allowance: 65,000 km/year
- Current Odometer: 109,000 km total
- Available Now: 57,667 km/year (4,806 per month)
+ 3,500 cash
2023 BMW
M340i XDrive Automatique AWD M-Sport
Payment Details
- Current Payment: 969 CAD/month + tax
- Required Payment: 3,500 CAD
- Payment Including Incentive: 1,064 CAD/month + tax
- Original Downpayment: 7,058 CAD
- Residual Value: 35,795 CAD
- Months to End: 37 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 10,650 km total
- Available Now: 22,492 km/year (1,874 per month)
- Excess Km Cost: 0.15 CAD/km
2023 Chevrolet
Chevrolet Colorado Automatique AWD LT Convenience 3 + Tow Package + Bed Lining
Payment Details
- Current Payment: 652 CAD/month + tax
- Original Downpayment: 820 CAD
- Residual Value: 46,110 CAD
- Months to End: 17 months (Oct, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 8,400 km total
- Available Now: 16,659 km/year (1,388 per month)
- Excess Km Cost: 0.20 CAD/km
2022 Mercedes-Benz
GLE 350 Automatique AWD AMG night package
Payment Details
- Current Payment: 1,342 CAD/month + tax
- Original Downpayment: 7,000 CAD
- Residual Value: 38,000 CAD
- Months to End: 25 months (Jun, 2026)
Vehicle Status
- Contract Allowance: 18,000 km/year
- Current Odometer: 13,000 km total
- Available Now: 26,160 km/year (2,180 per month)
- Excess Km Cost: 0.18 CAD/km