Payment Analysis

1,134.00CAD/monthin Montreal, QC
    Before Taxes:
  • 1,134.00 CAD/month
  • 523.38 CAD/bi-weekly
  • 261.69 CAD/week
  • 13,608.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,303.87 CAD/month
  • 601.79 CAD/bi-weekly
  • 300.89 CAD/week
  • 15,646.48 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: 15,600 ~ 16,900 CAD

compared to leasing a BRAND NEW:

  • BMW 640i M Sport Trim
  • for 24 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,434
This Contract (CAD/month) 1,134
Monthly Difference 300 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 12,000 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 15,600 ~ 16,900
** "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: 91,582 CAD
  • Total Vehicle Debt: 97,264 CAD
  • Paid so Far: 3,682 CAD (3% Paid)
  • Remaining Lease Payments: 45,360 CAD
  • Residual Value: 48,222 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 3,682 CAD Total Vehicle Value: 97,264 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 1,414 CAD Remaining Term: 45,360 CAD
Term Paid so Far: 2,268 CAD Residual Value: 48,222 CAD
1%
2%
47%
50%
Cost to Own
Already Paid: 3,682 CAD (3%)
Cash Incentive: 2,000 CAD Buyout Price Today: 91,582 CAD
3% Paid
2%
95%
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: 91,582 CAD

  • 4.9%Interest Rate x 48 months
  • 2,105 CAD/month + tax
  • Total Payable: 101,036 CAD
  • Total Interest: 9,454 CAD
  • 8.9%Interest Rate x 48 months
  • 2,275 CAD/month + tax
  • Total Payable: 109,184 CAD
  • Total Interest: 17,602 CAD
  • 14.9%Interest Rate x 48 months
  • 2,544 CAD/month + tax
  • Total Payable: 122,119 CAD
  • Total Interest: 30,537 CAD

At the end of the Lease Contract

Residual Value: 48,222 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 1,108 CAD/month + tax
  • Total Payable: 53,200 CAD
  • Total Interest: 4,978 CAD
  • 8.9%Interest Rate x 48 months
  • 1,198 CAD/month + tax
  • Total Payable: 57,490 CAD
  • Total Interest: 9,268 CAD
  • 14.9%Interest Rate x 48 months
  • 1,340 CAD/month + tax
  • Total Payable: 64,301 CAD
  • Total Interest: 16,079 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)
94.26
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
35.64
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
265.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

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