Payment Analysis

698.23CAD/monthin Montréal, QC
    Before Taxes:
  • 698.23 CAD/month
  • 322.26 CAD/bi-weekly
  • 161.13 CAD/week
  • 8,378.76 CAD/year
Incl. Québec Taxes (14.98%):
  • 802.82 CAD/month
  • 370.53 CAD/bi-weekly
  • 185.27 CAD/week
  • 9,633.90 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: 10,952 ~ 11,852 CAD

compared to leasing a BRAND NEW:

  • 2018 BMW X3 xDrive30i w/ Premium Package Enhanced
  • for 36 months
  • in Québec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 904
This Contract (CAD/month) 698
Monthly Difference 206 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 8,652 CAD
+ Cash Incentive** (CAD) + 1,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 10,952 ~ 11,852
** "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: 53,000 CAD
  • Total Vehicle Debt: 58,689 CAD
  • Paid so Far: 4,189 CAD (7% Paid)
  • Remaining Lease Payments: 29,326 CAD
  • Residual Value: 25,174 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 4,189 CAD Total Vehicle Value: 58,689 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,326 CAD
Term Paid so Far: 4,189 CAD Residual Value: 25,174 CAD
0%
7%
50%
43%
Cost to Own
Already Paid: 4,189 CAD (7%)
Cash Incentive: 1,500 CAD Buyout Price Today: 53,000 CAD
7% Paid
2%
91%
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: 53,000 CAD

  • 4.9%Interest Rate x 48 months
  • 1,218 CAD/month + tax
  • Total Payable: 58,471 CAD
  • Total Interest: 5,471 CAD
  • 8.9%Interest Rate x 48 months
  • 1,316 CAD/month + tax
  • Total Payable: 63,187 CAD
  • Total Interest: 10,187 CAD
  • 14.9%Interest Rate x 48 months
  • 1,472 CAD/month + tax
  • Total Payable: 70,672 CAD
  • Total Interest: 17,673 CAD

At the end of the Lease Contract

Residual Value: 25,174 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 579 CAD/month + tax
  • Total Payable: 27,773 CAD
  • Total Interest: 2,599 CAD
  • 8.9%Interest Rate x 48 months
  • 625 CAD/month + tax
  • Total Payable: 30,013 CAD
  • Total Interest: 4,839 CAD
  • 14.9%Interest Rate x 48 months
  • 699 CAD/month + tax
  • Total Payable: 33,569 CAD
  • Total Interest: 8,394 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)
89.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
21.78
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
170.33
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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