BMW Lease Takeover in Scarborough, ON: 2023 BMW X3 xDrive 30i Automatique AWD ID:#51871 • LeaseCosts Canada

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: 9,789 ~ 10,689 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 39 months
Total Monthly Difference	= 1,989 CAD
+ Cash Incentive** (CAD)	+ 7,000
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 9,789 ~ 10,689
	** "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: 58,290 CAD

Total Vehicle Debt: 73,855 CAD
Paid so Far: 8,565 CAD (11% Paid)
Remaining Lease Payments: 37,115 CAD
Residual Value: 28,175 CAD
Cash Incentive: 7,000 CAD

Vehicle Debt & Value

Paid so far: 8,565 CAD Total Vehicle Value: 73,855 CAD

11% Paid

89%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 37,115 CAD

Term Paid so Far: 8,565 CAD Residual Value: 28,175 CAD

11%

50%

39%

Cost to Own

Already Paid: 8,565 CAD (11%)

Cash Incentive: 7,000 CAD Buyout Price Today: 58,290 CAD

11% Paid

80%

Additional Financing Details

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: 58,290 CAD

4.9%Interest Rate x 48 months
1,340 CAD/month + tax
Total Payable: 64,308 CAD
Total Interest: 6,017 CAD

8.9%Interest Rate x 48 months
1,448 CAD/month + tax
Total Payable: 69,494 CAD
Total Interest: 11,204 CAD

14.9%Interest Rate x 48 months
1,619 CAD/month + tax
Total Payable: 77,727 CAD
Total Interest: 19,436 CAD

At the end of the Lease Contract

Residual Value: 28,175 CAD (in 39 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)

61.51

+ tax
+ fuel
+ insurance

(inlcuding the 7,000CAD incentive)

Time Analysis

Cost per day: (CAD)

25.39

+ tax
+ insurance
+ km driven & fuel

(inlcuding the 7,000CAD incentive)

Remaining Km

Can be driven up to:

289.72

km/week
without any
additional costs

Excess km cost: 0.15CAD

Seller Contact Info

Name: LIJO GEORGE PERUMPALLIL
Location: Scarborough, ON
Date Contract Started: 2023-08-19
Date Contract Ends: 2027-08-19

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Very clean excellent condition inside and out
Wireless phone charger
Digital cockpit professional
Front full Paint protection film done for $1100
4 year FREE oil & maintenance from BMW