Payment Analysis

487.97CAD/monthin Sudbury, ON
    Before Taxes:
  • 487.97 CAD/month
  • 225.22 CAD/bi-weekly
  • 112.61 CAD/week
  • 5,855.64 CAD/year
Incl. Ontario Taxes (13%):
  • 551.41 CAD/month
  • 254.50 CAD/bi-weekly
  • 127.25 CAD/week
  • 6,616.87 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: 23,225 ~ 24,125 CAD

compared to leasing a BRAND NEW:

  • 2018 BMW 330i xDrive Sedan w/ Sport Paddles & M Package
  • for 24 months
  • in Ontario
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 812
This Contract (CAD/month) 488
Monthly Difference 325 CAD/month
Remaining Term x 69 months
Total Monthly Difference = 22,425 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 23,225 ~ 24,125

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 68,170 CAD
  • Total Vehicle Debt: 50,521 CAD
  • Paid so Far: -17,649 CAD (-35% Paid)
  • Remaining Lease Payments: 33,670 CAD
  • Residual Value: 34,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -17,649 CAD Total Vehicle Value: 50,521 CAD
-35% Paid
135%
Vehicle Debt Breakdown
Downpayment: 4,310 CAD Remaining Term: 33,670 CAD
Term Paid so Far: -21,959 CAD Residual Value: 34,500 CAD
8%
-43%
66%
69%
Cost to Own
Already Paid: -17,649 CAD (-35%)
Cash Incentive: 0 CAD Buyout Price Today: 68,170 CAD
-35% Paid
0%
135%
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: 68,170 CAD

  • 4.9%Interest Rate x 48 months
  • 1,567 CAD/month + tax
  • Total Payable: 75,207 CAD
  • Total Interest: 7,037 CAD
  • 8.9%Interest Rate x 48 months
  • 1,693 CAD/month + tax
  • Total Payable: 81,272 CAD
  • Total Interest: 13,103 CAD
  • 14.9%Interest Rate x 48 months
  • 1,894 CAD/month + tax
  • Total Payable: 90,901 CAD
  • Total Interest: 22,731 CAD

At the end of the Lease Contract

Residual Value: 34,500 CAD (in 69 months)

  • 4.9%Interest Rate x 48 months
  • 793 CAD/month + tax
  • Total Payable: 38,062 CAD
  • Total Interest: 3,562 CAD
  • 8.9%Interest Rate x 48 months
  • 857 CAD/month + tax
  • Total Payable: 41,131 CAD
  • Total Interest: 6,631 CAD
  • 14.9%Interest Rate x 48 months
  • 958 CAD/month + tax
  • Total Payable: 46,004 CAD
  • Total Interest: 11,504 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)
420.87
  • + tax
  • + fuel
  • + insurance
(or 4.21CAD per km)
Time Analysis
Cost per day: (CAD)
16.04
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
26.76
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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