Payment Analysis
1,549.76CAD/monthin Toronto, ON
- 1,549.76 CAD/month
- 715.27 CAD/bi-weekly
- 357.64 CAD/week
- 18,597.12 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,751.23 CAD/month
- 808.26 CAD/bi-weekly
- 404.13 CAD/week
- 21,014.75 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:
18,521 ~ 19,821 CAD
compared to leasing a BRAND NEW:
- BMW X5 xDrive40i w/ Advanced Driving Assistant Package + M Sport Package + Premium Enhanced Package
- for 24 months (note this contract is shorter)
- in Ontario
- $0 down payment
- 24,000 km/year (note this contract has way more
Leasing New (CAD/month) | 1,986 |
---|---|
This Contract (CAD/month) | 1,550 |
Monthly Difference | 437 CAD/month |
Remaining Term | x 33 months |
Total Monthly Difference | = 14,421 CAD |
+ Cash Incentive** (CAD) | + 2,500 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 18,521 ~ 19,821 |
** "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:
103,398 CAD
- Total Vehicle Debt: 119,846 CAD
- Paid so Far: 13,948 CAD (11% Paid)
- Remaining Lease Payments: 51,142 CAD
- Residual Value: 54,756 CAD
- Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 13,948 CAD Total Vehicle Value: 119,846 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 51,142 CAD
Term Paid so Far: 13,948 CAD Residual Value: 54,756 CAD
Cost to Own
Already Paid: 13,948 CAD (11%)
Cash Incentive: 2,500 CAD Buyout Price Today: 103,398 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: 103,398 CAD
- 4.9%Interest Rate x 48 months
- 2,377 CAD/month + tax
- Total Payable: 114,072 CAD
- Total Interest: 10,674 CAD
- 8.9%Interest Rate x 48 months
- 2,568 CAD/month + tax
- Total Payable: 123,272 CAD
- Total Interest: 19,874 CAD
- 14.9%Interest Rate x 48 months
- 2,872 CAD/month + tax
- Total Payable: 137,876 CAD
- Total Interest: 34,477 CAD
At the end of the Lease Contract
Residual Value: 54,756 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 1,259 CAD/month + tax
- Total Payable: 60,409 CAD
- Total Interest: 5,653 CAD
- 8.9%Interest Rate x 48 months
- 1,360 CAD/month + tax
- Total Payable: 65,280 CAD
- Total Interest: 10,524 CAD
- 14.9%Interest Rate x 48 months
- 1,521 CAD/month + tax
- Total Payable: 73,014 CAD
- Total Interest: 18,258 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)
78.45
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
48.46
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
433.57
- km/week
- without any
- additional costs
Similar Listings in Toronto
+ 1,000 cash
SAVE ~6,700 CAD
2020 Jeep
Wrangler Unlimited Sahara Automatique AWD
Payment Details
- Current Payment: 678 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 601 CAD/month + tax
- Residual Value: 34,450 CAD
- Months to End: 13 months (May, 2025)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 72,000 km total
- Available Now: 20,308 km/year (1,692 per month)
Deal Special Perks
+ 6,000 cash
2022 BMW
X5 xDrive40i Sports Activity Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 1,443 CAD/month + tax
- Required Payment: 6,000 CAD
- Payment Including Incentive: 1,843 CAD/month + tax
- Original Downpayment: 12,399 CAD
- Residual Value: 45,150 CAD
- Months to End: 15 months (Jul, 2025)
Vehicle Status
- Contract Allowance: 17,454 km/year
- Current Odometer: 16,000 km total
- Available Now: 29,090 km/year (2,424 per month)
- Excess Km Cost: 0.25 CAD/km
+ 3,000 cash
SAVE ~6,300 CAD
2023 BMW
X3 xDrive 30i Automatique AWD Premium Essential
Payment Details
- Current Payment: 952 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 877 CAD/month + tax
- Residual Value: 28,175 CAD
- Months to End: 40 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 13,493 km total
- Available Now: 15,152 km/year (1,263 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
+ 2,000 cash
SAVE ~23,300 CAD
2022 BMW
X5 M50 Automatique AWD Premium Package, Technology Package
Payment Details
- Current Payment: 1,837 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 1,750 CAD/month + tax
- Residual Value: 45,448 CAD
- Months to End: 23 months (Feb, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 28,000 km total
- Available Now: 27,130 km/year (2,261 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
SAVE ~3,900 CAD
2022 Nissan
Rouge Platinum Automatique AWD Tricare Hazard Protect
Payment Details
- Current Payment: 745 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 16,707 CAD
- Months to End: 40 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 24,100 km/year (2,008 per month)
Deal Special Perks
+ 30,000 cash
SAVE ~-5,000 CAD
2022 Acura
MDX SH-AWD Platinum Elite Automatique AWD Acura 20” Wheel Glint Black Rims
Payment Details
- Current Payment: 478 CAD/month + tax
- Required Payment: 30,000 CAD
- Payment Including Incentive: 1,678 CAD/month + tax
- Original Downpayment: 32,000 CAD
- Residual Value: 18,720 CAD
- Months to End: 25 months (May, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 24,644 km total
- Available Now: 34,251 km/year (2,854 per month)