Payment Analysis

733.62CAD/monthin Ottawa, ON
    Before Taxes:
  • 733.62 CAD/month
  • 338.59 CAD/bi-weekly
  • 169.30 CAD/week
  • 8,803.44 CAD/year
Incl. Ontario Taxes (13%):
  • 828.99 CAD/month
  • 382.61 CAD/bi-weekly
  • 191.31 CAD/week
  • 9,947.89 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: 4,166 ~ 5,066 CAD

compared to leasing a BRAND NEW:

  • BMW 440i w/ Premium Package Enhanced, M Sport I and M Sport II
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 886
This Contract (CAD/month) 734
Monthly Difference 153 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 3,366 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,166 ~ 5,066

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 52,140 CAD
  • Total Vehicle Debt: 73,078 CAD
  • Paid so Far: 20,939 CAD (28% Paid)
  • Remaining Lease Payments: 16,140 CAD
  • Residual Value: 36,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,939 CAD Total Vehicle Value: 73,078 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 16,140 CAD
Term Paid so Far: 13,939 CAD Residual Value: 36,000 CAD
9%
19%
22%
50%
Cost to Own
Already Paid: 20,939 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 52,140 CAD
28% Paid
0%
72%
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: 52,140 CAD

  • 4.9%Interest Rate x 48 months
  • 1,198 CAD/month + tax
  • Total Payable: 57,522 CAD
  • Total Interest: 5,383 CAD
  • 8.9%Interest Rate x 48 months
  • 1,295 CAD/month + tax
  • Total Payable: 62,161 CAD
  • Total Interest: 10,021 CAD
  • 14.9%Interest Rate x 48 months
  • 1,448 CAD/month + tax
  • Total Payable: 69,525 CAD
  • Total Interest: 17,386 CAD

At the end of the Lease Contract

Residual Value: 36,000 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 827 CAD/month + tax
  • Total Payable: 39,716 CAD
  • Total Interest: 3,716 CAD
  • 8.9%Interest Rate x 48 months
  • 894 CAD/month + tax
  • Total Payable: 42,919 CAD
  • Total Interest: 6,919 CAD
  • 14.9%Interest Rate x 48 months
  • 1,000 CAD/month + tax
  • Total Payable: 48,004 CAD
  • Total Interest: 12,004 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)
29.80
  • + tax
  • + fuel
  • + insurance
(or 0.30CAD per km)
  • 40.02CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
24.12
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
568.18
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 423.08km/week (Contract Original back in Jan, 2019)