Payment Analysis

748.32CAD/monthin Ottawa, ON
    Before Taxes:
  • 748.32 CAD/month
  • 345.38 CAD/bi-weekly
  • 172.69 CAD/week
  • 8,979.84 CAD/year
Incl. Ontario Taxes (13%):
  • 845.60 CAD/month
  • 390.28 CAD/bi-weekly
  • 195.14 CAD/week
  • 10,147.22 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: 2,312 ~ 3,212 CAD

compared to leasing a BRAND NEW:

  • BMW 440i Coupe
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 820
This Contract (CAD/month) 748
Monthly Difference 72 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 1,512 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,312 ~ 3,212

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 50,293 CAD
  • Total Vehicle Debt: 74,497 CAD
  • Paid so Far: 24,205 CAD (32% Paid)
  • Remaining Lease Payments: 15,715 CAD
  • Residual Value: 34,578 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,205 CAD Total Vehicle Value: 74,497 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 15,715 CAD
Term Paid so Far: 20,205 CAD Residual Value: 34,578 CAD
5%
27%
21%
47%
Cost to Own
Already Paid: 24,205 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 50,293 CAD
32% Paid
0%
68%
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: 50,293 CAD

  • 4.9%Interest Rate x 48 months
  • 1,156 CAD/month + tax
  • Total Payable: 55,485 CAD
  • Total Interest: 5,192 CAD
  • 8.9%Interest Rate x 48 months
  • 1,249 CAD/month + tax
  • Total Payable: 59,959 CAD
  • Total Interest: 9,666 CAD
  • 14.9%Interest Rate x 48 months
  • 1,397 CAD/month + tax
  • Total Payable: 67,063 CAD
  • Total Interest: 16,770 CAD

At the end of the Lease Contract

Residual Value: 34,578 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 795 CAD/month + tax
  • Total Payable: 38,148 CAD
  • Total Interest: 3,570 CAD
  • 8.9%Interest Rate x 48 months
  • 859 CAD/month + tax
  • Total Payable: 41,224 CAD
  • Total Interest: 6,646 CAD
  • 14.9%Interest Rate x 48 months
  • 961 CAD/month + tax
  • Total Payable: 46,108 CAD
  • Total Interest: 11,530 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)
22.45
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 44.90CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
24.60
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
769.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2018)