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: 6,800 ~ 7,700 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 50 months
Total Monthly Difference = 2,000 CAD
+ Cash Incentive** (CAD) + 4,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,800 ~ 7,700
** "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: 55,250 CAD
  • Total Vehicle Debt: 61,920 CAD
  • Paid so Far: 2,670 CAD (4% Paid)
  • Remaining Lease Payments: 33,250 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 2,670 CAD Total Vehicle Value: 61,920 CAD
4% Paid
96%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 33,250 CAD
Term Paid so Far: -1,330 CAD Residual Value: 26,000 CAD
5%
-1%
53%
43%
Cost to Own
Already Paid: 2,670 CAD (4%)
Cash Incentive: 4,000 CAD Buyout Price Today: 55,250 CAD
4% Paid
6%
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: 55,250 CAD

  • 4.9%Interest Rate x 48 months
  • 1,270 CAD/month + tax
  • Total Payable: 60,954 CAD
  • Total Interest: 5,704 CAD
  • 8.9%Interest Rate x 48 months
  • 1,372 CAD/month + tax
  • Total Payable: 65,869 CAD
  • Total Interest: 10,619 CAD
  • 14.9%Interest Rate x 48 months
  • 1,535 CAD/month + tax
  • Total Payable: 73,673 CAD
  • Total Interest: 18,423 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 50 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)
46.35
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
Time Analysis
Cost per day: (CAD)
19.23
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
Remaining Km
Can be driven up to:
291.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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