Payment Analysis
694.80CAD/monthin Ottawa, ON
- 694.80 CAD/month
- 320.68 CAD/bi-weekly
- 160.34 CAD/week
- 8,337.60 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 785.12 CAD/month
- 362.36 CAD/bi-weekly
- 181.18 CAD/week
- 9,421.49 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:
8,821 CAD
compared to leasing a BRAND NEW:
- BMW X3 xDrive 30i w/ Premium Package Enhanced & Advanced Driver Assistance Package
- for 39 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 941 |
|---|---|
| This Contract (CAD/month) | 695 |
| Monthly Difference | 247 CAD/month |
| Remaining Term | x 23 months |
| Total Monthly Difference | = 5,681 CAD |
| + Cash Incentive** (CAD) | + 3,140 |
| Total Savings (CAD) | = 8,821 |
| ** "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:
40,222 CAD
- Total Vehicle Debt: 62,100 CAD
- Paid so Far: 18,738 CAD (30% Paid)
- Remaining Lease Payments: 15,980 CAD
- Residual Value: 27,382 CAD
- Cash Incentive: 3,140 CAD
Vehicle Debt & Value
Paid so far: 18,738 CAD Total Vehicle Value: 62,100 CAD
Vehicle Debt Breakdown
Downpayment: 1,368 CAD Remaining Term: 15,980 CAD
Term Paid so Far: 17,370 CAD Residual Value: 27,382 CAD
Cost to Own
Already Paid: 18,738 CAD (30%)
Cash Incentive: 3,140 CAD Buyout Price Today: 40,222 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: 40,222 CAD
- 4.9%Interest Rate x 48 months
- 924 CAD/month + tax
- Total Payable: 44,374 CAD
- Total Interest: 4,152 CAD
- 8.9%Interest Rate x 48 months
- 999 CAD/month + tax
- Total Payable: 47,953 CAD
- Total Interest: 7,731 CAD
- 14.9%Interest Rate x 48 months
- 1,117 CAD/month + tax
- Total Payable: 53,634 CAD
- Total Interest: 13,412 CAD
At the end of the Lease Contract
Residual Value: 27,382 CAD (in 23 months)
- 4.9%Interest Rate x 48 months
- 629 CAD/month + tax
- Total Payable: 30,208 CAD
- Total Interest: 2,827 CAD
- 8.9%Interest Rate x 48 months
- 680 CAD/month + tax
- Total Payable: 32,644 CAD
- Total Interest: 5,263 CAD
- 14.9%Interest Rate x 48 months
- 761 CAD/month + tax
- Total Payable: 36,512 CAD
- Total Interest: 9,130 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)
18.75
- + tax
- + fuel
- + insurance
- 23.33CAD/100km (TODAY without the Cash Incentive)
- 41.69CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
18.35
- + tax
- + insurance
- + km driven & fuel
- 22.84CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
687.29
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2018)
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