Payment Analysis

951.67CAD/monthin Scarborough, ON
    Before Taxes:
  • 951.67 CAD/month
  • 439.23 CAD/bi-weekly
  • 219.62 CAD/week
  • 11,420.04 CAD/year
Incl. Ontario Taxes (13%):
  • 1,075.39 CAD/month
  • 496.33 CAD/bi-weekly
  • 248.17 CAD/week
  • 12,904.65 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: 8,673 ~ 9,573 CAD

compared to leasing a BRAND NEW:

  • 2024 BMW X3 xDrive30i Base
  • for 36 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,002
This Contract (CAD/month) 952
Monthly Difference 51 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 1,173 CAD
+ Cash Incentive** (CAD) + 6,700
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,673 ~ 9,573
** "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: 43,363 CAD
  • Total Vehicle Debt: 73,855 CAD
  • Paid so Far: 23,792 CAD (32% Paid)
  • Remaining Lease Payments: 21,888 CAD
  • Residual Value: 28,175 CAD
  • Cash Incentive: 6,700 CAD
Vehicle Debt & Value
Paid so far: 23,792 CAD Total Vehicle Value: 73,855 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 21,888 CAD
Term Paid so Far: 23,792 CAD Residual Value: 28,175 CAD
0%
32%
29%
39%
Cost to Own
Already Paid: 23,792 CAD (32%)
Cash Incentive: 6,700 CAD Buyout Price Today: 43,363 CAD
32% Paid
9%
59%
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: 43,363 CAD

  • 4.9%Interest Rate x 48 months
  • 997 CAD/month + tax
  • Total Payable: 47,840 CAD
  • Total Interest: 4,477 CAD
  • 8.9%Interest Rate x 48 months
  • 1,077 CAD/month + tax
  • Total Payable: 51,698 CAD
  • Total Interest: 8,335 CAD
  • 14.9%Interest Rate x 48 months
  • 1,205 CAD/month + tax
  • Total Payable: 57,823 CAD
  • Total Interest: 14,459 CAD

At the end of the Lease Contract

Residual Value: 28,175 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 648 CAD/month + tax
  • Total Payable: 31,084 CAD
  • Total Interest: 2,909 CAD
  • 8.9%Interest Rate x 48 months
  • 700 CAD/month + tax
  • Total Payable: 33,590 CAD
  • Total Interest: 5,415 CAD
  • 14.9%Interest Rate x 48 months
  • 783 CAD/month + tax
  • Total Payable: 37,570 CAD
  • Total Interest: 9,395 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)
32.01
  • + tax
  • + fuel
  • + insurance
(inlcuding the 6,700CAD incentive)
  • 46.13CAD/100km (TODAY without the Cash Incentive)
  • 71.38CAD/100km (Original Contract back in Aug, 2023)
Time Analysis
Cost per day: (CAD)
21.71
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 6,700CAD incentive)
  • 31.29CAD/day (Original Contract back in Aug, 2023)
Remaining Km
Can be driven up to:
476.09
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Aug, 2023)

Seller Contact Info

This Contract was Already Transferred.

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