Payment Analysis
1,837.00CAD/monthin Toronto, ON
- 1,837.00 CAD/month
- 847.85 CAD/bi-weekly
- 423.92 CAD/week
- 22,044.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 2,075.81 CAD/month
- 958.07 CAD/bi-weekly
- 479.03 CAD/week
- 24,909.72 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:
9,220 ~ 9,620 CAD
compared to leasing a BRAND NEW:
- 2024 BMW X5 M60i xDrive w/ Premium Essential Package
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 2,721 |
|---|---|
| This Contract (CAD/month) | 1,837 |
| Monthly Difference | 884 CAD/month |
| Remaining Term | x 5 months |
| Total Monthly Difference | = 4,420 CAD |
| + Cash Incentive** (CAD) | + 4,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 9,220 ~ 9,620 |
| ** "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:
50,633 CAD
- Total Vehicle Debt: 133,624 CAD
- Paid so Far: 78,991 CAD (59% Paid)
- Remaining Lease Payments: 9,185 CAD
- Residual Value: 45,448 CAD
- Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 78,991 CAD Total Vehicle Value: 133,624 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,185 CAD
Term Paid so Far: 78,991 CAD Residual Value: 45,448 CAD
Cost to Own
Already Paid: 78,991 CAD (59%)
Cash Incentive: 4,000 CAD Buyout Price Today: 50,633 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: 50,633 CAD
- 4.9%Interest Rate x 48 months
- 1,164 CAD/month + tax
- Total Payable: 55,860 CAD
- Total Interest: 5,227 CAD
- 8.9%Interest Rate x 48 months
- 1,258 CAD/month + tax
- Total Payable: 60,365 CAD
- Total Interest: 9,732 CAD
- 14.9%Interest Rate x 48 months
- 1,407 CAD/month + tax
- Total Payable: 67,516 CAD
- Total Interest: 16,883 CAD
At the end of the Lease Contract
Residual Value: 45,448 CAD (in 5 months)
- 4.9%Interest Rate x 48 months
- 1,045 CAD/month + tax
- Total Payable: 50,140 CAD
- Total Interest: 4,692 CAD
- 8.9%Interest Rate x 48 months
- 1,129 CAD/month + tax
- Total Payable: 54,183 CAD
- Total Interest: 8,735 CAD
- 14.9%Interest Rate x 48 months
- 1,263 CAD/month + tax
- Total Payable: 60,602 CAD
- Total Interest: 15,154 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)
11.52
- + tax
- + fuel
- + insurance
- 20.41CAD/100km (TODAY without the Cash Incentive)
- 110.22CAD/100km (Original Contract back in Feb, 2022)
Time Analysis
Cost per day: (CAD)
34.09
- + tax
- + insurance
- + km driven & fuel
- 60.39CAD/day (Original Contract back in Feb, 2022)
Remaining Km
Can be driven up to:
2,076.92
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Feb, 2022)
Seller Contact Info
This Contract was Already Transferred.
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