Payment Analysis

665.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 665.00 CAD/month
  • 306.92 CAD/bi-weekly
  • 153.46 CAD/week
  • 7,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 751.45 CAD/month
  • 346.82 CAD/bi-weekly
  • 173.41 CAD/week
  • 9,017.40 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: 6,320 ~ 7,220 CAD

compared to leasing a BRAND NEW:

  • BMW 330i xDrive w/ M Sport Package
  • for 39 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 705
This Contract (CAD/month) 665
Monthly Difference 40 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 1,520 CAD
+ Cash Incentive** (CAD) + 4,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,320 ~ 7,220
** "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: 47,270 CAD
  • Total Vehicle Debt: 61,920 CAD
  • Paid so Far: 10,650 CAD (17% Paid)
  • Remaining Lease Payments: 25,270 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 10,650 CAD Total Vehicle Value: 61,920 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 25,270 CAD
Term Paid so Far: 6,650 CAD Residual Value: 26,000 CAD
6%
11%
40%
43%
Cost to Own
Already Paid: 10,650 CAD (17%)
Cash Incentive: 4,000 CAD Buyout Price Today: 47,270 CAD
17% Paid
6%
77%
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: 47,270 CAD

  • 4.9%Interest Rate x 48 months
  • 1,086 CAD/month + tax
  • Total Payable: 52,150 CAD
  • Total Interest: 4,880 CAD
  • 8.9%Interest Rate x 48 months
  • 1,174 CAD/month + tax
  • Total Payable: 56,355 CAD
  • Total Interest: 9,085 CAD
  • 14.9%Interest Rate x 48 months
  • 1,313 CAD/month + tax
  • Total Payable: 63,032 CAD
  • Total Interest: 15,762 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 598 CAD/month + tax
  • Total Payable: 28,684 CAD
  • Total Interest: 2,684 CAD
  • 8.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,997 CAD
  • Total Interest: 4,997 CAD
  • 14.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,670 CAD
  • Total Interest: 8,670 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)
33.71
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 40.05CAD/100km (TODAY without the Cash Incentive)
  • 49.88CAD/100km (Original Contract back in Feb, 2018)
Time Analysis
Cost per day: (CAD)
18.40
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
  • 21.86CAD/day (Original Contract back in Feb, 2018)
Remaining Km
Can be driven up to:
383.20
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Feb, 2018)

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