Payment Analysis
500.00CAD/monthin Edmonton, AB
- 500.00 CAD/month
- 230.77 CAD/bi-weekly
- 115.38 CAD/week
- 6,000.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 525.00 CAD/month
- 242.31 CAD/bi-weekly
- 121.15 CAD/week
- 6,300.00 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:
8,632 ~ 9,532 CAD
compared to leasing a BRAND NEW:
- 2018 BMW 330i xDrive Sedan
- for 36 months
- in Alberta
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 672 |
---|---|
This Contract (CAD/month) | 500 |
Monthly Difference | 172 CAD/month |
Remaining Term | x 31 months |
Total Monthly Difference | = 5,332 CAD |
+ Cash Incentive** (CAD) | + 2,500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 8,632 ~ 9,532 |
** "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:
37,642 CAD
- Total Vehicle Debt: 50,201 CAD
- Paid so Far: 10,059 CAD (20% Paid)
- Remaining Lease Payments: 15,500 CAD
- Residual Value: 24,642 CAD
- Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 10,059 CAD Total Vehicle Value: 50,201 CAD
Vehicle Debt Breakdown
Downpayment: 1,559 CAD Remaining Term: 15,500 CAD
Term Paid so Far: 8,500 CAD Residual Value: 24,642 CAD
Cost to Own
Already Paid: 10,059 CAD (20%)
Cash Incentive: 2,500 CAD Buyout Price Today: 37,642 CAD
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: 37,642 CAD
- 4.9%Interest Rate x 48 months
- 865 CAD/month + tax
- Total Payable: 41,528 CAD
- Total Interest: 3,886 CAD
- 8.9%Interest Rate x 48 months
- 935 CAD/month + tax
- Total Payable: 44,877 CAD
- Total Interest: 7,235 CAD
- 14.9%Interest Rate x 48 months
- 1,046 CAD/month + tax
- Total Payable: 50,193 CAD
- Total Interest: 12,551 CAD
At the end of the Lease Contract
Residual Value: 24,642 CAD (in 31 months)
- 4.9%Interest Rate x 48 months
- 566 CAD/month + tax
- Total Payable: 27,186 CAD
- Total Interest: 2,544 CAD
- 8.9%Interest Rate x 48 months
- 612 CAD/month + tax
- Total Payable: 29,378 CAD
- Total Interest: 4,736 CAD
- 14.9%Interest Rate x 48 months
- 685 CAD/month + tax
- Total Payable: 32,859 CAD
- Total Interest: 8,217 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)
30.95
- + tax
- + fuel
- + insurance
- 36.90CAD/100km (TODAY without the Cash Incentive)
- 37.50CAD/100km (Original Contract back in Aug, 2017)
Time Analysis
Cost per day: (CAD)
13.79
- + tax
- + insurance
- + km driven & fuel
- 16.44CAD/day (Original Contract back in Aug, 2017)
Remaining Km
Can be driven up to:
312.66
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Aug, 2017)
Similar Listings in Edmonton
2024 Mazda
n/a Automatique AWD
Payment Details
- Current Payment: 0 CAD/month + tax
- Months to End: 4 months (Aug, 2024)
Vehicle Status
- Contract Allowance: 0 km/year
- Current Odometer: 0 km total
- Available Now: 0 km/year (0 per month)
- Please note that this contract ends in less than a year.