Payment Analysis
748.32CAD/monthin Ottawa, ON
- 748.32 CAD/month
- 345.38 CAD/bi-weekly
- 172.69 CAD/week
- 8,979.84 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 15,715 CAD
Term Paid so Far: 20,205 CAD Residual Value: 34,578 CAD
Cost to Own
Already Paid: 24,205 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 50,293 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: 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
- 44.90CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
24.60
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
769.23
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2018)