Payment Analysis

976.46CAD/monthin Burlington, ON
    Before Taxes:
  • 976.46 CAD/month
  • 450.67 CAD/bi-weekly
  • 225.34 CAD/week
  • 11,717.52 CAD/year
Incl. Ontario Taxes (13%):
  • 1,103.40 CAD/month
  • 509.26 CAD/bi-weekly
  • 254.63 CAD/week
  • 13,240.80 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: 8,516 ~ 9,816 CAD

compared to leasing a BRAND NEW:

  • BMW X5 xDrive35i
  • for 36 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,223
This Contract (CAD/month) 976
Monthly Difference 247 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 6,916 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,516 ~ 9,816

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 62,246 CAD
  • Total Vehicle Debt: 78,122 CAD
  • Paid so Far: 15,877 CAD (20% Paid)
  • Remaining Lease Payments: 27,341 CAD
  • Residual Value: 34,905 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,877 CAD Total Vehicle Value: 78,122 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 2,206 CAD Remaining Term: 27,341 CAD
Term Paid so Far: 13,670 CAD Residual Value: 34,905 CAD
2%
18%
35%
45%
Cost to Own
Already Paid: 15,877 CAD (20%)
Cash Incentive: 0 CAD Buyout Price Today: 62,246 CAD
20% Paid
0%
80%
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: 62,246 CAD

  • 4.9%Interest Rate x 48 months
  • 1,431 CAD/month + tax
  • Total Payable: 68,672 CAD
  • Total Interest: 6,426 CAD
  • 8.9%Interest Rate x 48 months
  • 1,546 CAD/month + tax
  • Total Payable: 74,210 CAD
  • Total Interest: 11,964 CAD
  • 14.9%Interest Rate x 48 months
  • 1,729 CAD/month + tax
  • Total Payable: 83,001 CAD
  • Total Interest: 20,756 CAD

At the end of the Lease Contract

Residual Value: 34,905 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,508 CAD
  • Total Interest: 3,603 CAD
  • 8.9%Interest Rate x 48 months
  • 867 CAD/month + tax
  • Total Payable: 41,614 CAD
  • Total Interest: 6,709 CAD
  • 14.9%Interest Rate x 48 months
  • 970 CAD/month + tax
  • Total Payable: 46,544 CAD
  • Total Interest: 11,639 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)
66.97
  • + tax
  • + fuel
  • + insurance
(or 0.67CAD per km)
Time Analysis
Cost per day: (CAD)
32.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
336.47
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD