Payment Analysis

534.00CAD/monthin Victoria, BC
    Before Taxes:
  • 534.00 CAD/month
  • 246.46 CAD/bi-weekly
  • 123.23 CAD/week
  • 6,408.00 CAD/year
Incl. B.C. Taxes (12%):
  • 598.08 CAD/month
  • 276.04 CAD/bi-weekly
  • 138.02 CAD/week
  • 7,176.96 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: 5,350 ~ 6,650 CAD

compared to leasing a BRAND NEW:

  • BMW 2019 430i Coupe
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 684
This Contract (CAD/month) 534
Monthly Difference 150 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 3,750 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,350 ~ 6,650

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,340 CAD
  • Total Vehicle Debt: 55,452 CAD
  • Paid so Far: 16,112 CAD (29% Paid)
  • Remaining Lease Payments: 13,350 CAD
  • Residual Value: 25,990 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,112 CAD Total Vehicle Value: 55,452 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 6,500 CAD Remaining Term: 13,350 CAD
Term Paid so Far: 9,612 CAD Residual Value: 25,990 CAD
11%
18%
24%
47%
Cost to Own
Already Paid: 16,112 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 39,340 CAD
29% Paid
0%
71%
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: 39,340 CAD

  • 4.9%Interest Rate x 48 months
  • 904 CAD/month + tax
  • Total Payable: 43,401 CAD
  • Total Interest: 4,061 CAD
  • 8.9%Interest Rate x 48 months
  • 977 CAD/month + tax
  • Total Payable: 46,901 CAD
  • Total Interest: 7,561 CAD
  • 14.9%Interest Rate x 48 months
  • 1,093 CAD/month + tax
  • Total Payable: 52,458 CAD
  • Total Interest: 13,118 CAD

At the end of the Lease Contract

Residual Value: 25,990 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 597 CAD/month + tax
  • Total Payable: 28,673 CAD
  • Total Interest: 2,683 CAD
  • 8.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,985 CAD
  • Total Interest: 4,995 CAD
  • 14.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,656 CAD
  • Total Interest: 8,666 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)
29.95
  • + tax
  • + fuel
  • + insurance
(or 0.30CAD per km)
  • 45.77CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
17.56
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
411.48
  • km/week
  • without any
  • additional costs
Excess km cost: 0.13CAD
  • 269.23km/week (Contract Original back in Jun, 2018)