Payment Analysis

530.09CAD/monthin Waterloo, ON
    Before Taxes:
  • 530.09 CAD/month
  • 244.66 CAD/bi-weekly
  • 122.33 CAD/week
  • 6,361.08 CAD/year
Incl. Ontario Taxes (13%):
  • 599.00 CAD/month
  • 276.46 CAD/bi-weekly
  • 138.23 CAD/week
  • 7,188.02 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: 28,202 ~ 29,502 CAD

compared to leasing a BRAND NEW:

  • BMW 430i Coupe w/ Premium Package Enhanced & M Sports Package & Smartphone Connectivity Package
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,096
This Contract (CAD/month) 530
Monthly Difference 566 CAD/month
Remaining Term x 47 months
Total Monthly Difference = 26,602 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 28,202 ~ 29,502

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 60,052 CAD
  • Total Vehicle Debt: 67,342 CAD
  • Paid so Far: 7,290 CAD (10% Paid)
  • Remaining Lease Payments: 24,914 CAD
  • Residual Value: 35,138 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,290 CAD Total Vehicle Value: 67,342 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 13,121 CAD Remaining Term: 24,914 CAD
Term Paid so Far: -5,831 CAD Residual Value: 35,138 CAD
17%
-7%
37%
53%
Cost to Own
Already Paid: 7,290 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 60,052 CAD
10% Paid
0%
90%
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: 60,052 CAD

  • 4.9%Interest Rate x 48 months
  • 1,380 CAD/month + tax
  • Total Payable: 66,251 CAD
  • Total Interest: 6,199 CAD
  • 8.9%Interest Rate x 48 months
  • 1,492 CAD/month + tax
  • Total Payable: 71,594 CAD
  • Total Interest: 11,542 CAD
  • 14.9%Interest Rate x 48 months
  • 1,668 CAD/month + tax
  • Total Payable: 80,076 CAD
  • Total Interest: 20,024 CAD

At the end of the Lease Contract

Residual Value: 35,138 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 808 CAD/month + tax
  • Total Payable: 38,765 CAD
  • Total Interest: 3,627 CAD
  • 8.9%Interest Rate x 48 months
  • 873 CAD/month + tax
  • Total Payable: 41,891 CAD
  • Total Interest: 6,754 CAD
  • 14.9%Interest Rate x 48 months
  • 976 CAD/month + tax
  • Total Payable: 46,854 CAD
  • Total Interest: 11,716 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)
113.25
  • + tax
  • + fuel
  • + insurance
(or 1.13CAD per km)
Time Analysis
Cost per day: (CAD)
17.43
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
108.02
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD