Payment Analysis

883.82CAD/monthin Burnaby, BC
    Before Taxes:
  • 883.82 CAD/month
  • 407.92 CAD/bi-weekly
  • 203.96 CAD/week
  • 10,605.84 CAD/year
Incl. B.C. Taxes (12%):
  • 989.88 CAD/month
  • 456.87 CAD/bi-weekly
  • 228.43 CAD/week
  • 11,878.54 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: 4,146 ~ 5,046 CAD

compared to leasing a BRAND NEW:

  • 2024 BMW X3 xDrive30i
  • for 36 months
  • in B.C.
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,021
This Contract (CAD/month) 884
Monthly Difference 138 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 2,346 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,146 ~ 5,046
** "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: 41,579 CAD
  • Total Vehicle Debt: 74,532 CAD
  • Paid so Far: 31,953 CAD (42% Paid)
  • Remaining Lease Payments: 15,025 CAD
  • Residual Value: 27,554 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 31,953 CAD Total Vehicle Value: 74,532 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 4,555 CAD Remaining Term: 15,025 CAD
Term Paid so Far: 27,398 CAD Residual Value: 27,554 CAD
5%
37%
20%
38%
Cost to Own
Already Paid: 31,953 CAD (42%)
Cash Incentive: 1,000 CAD Buyout Price Today: 41,579 CAD
42% Paid
1%
57%
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: 41,579 CAD

  • 4.9%Interest Rate x 48 months
  • 956 CAD/month + tax
  • Total Payable: 45,871 CAD
  • Total Interest: 4,292 CAD
  • 8.9%Interest Rate x 48 months
  • 1,033 CAD/month + tax
  • Total Payable: 49,571 CAD
  • Total Interest: 7,992 CAD
  • 14.9%Interest Rate x 48 months
  • 1,155 CAD/month + tax
  • Total Payable: 55,443 CAD
  • Total Interest: 13,864 CAD

At the end of the Lease Contract

Residual Value: 27,554 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 633 CAD/month + tax
  • Total Payable: 30,398 CAD
  • Total Interest: 2,844 CAD
  • 8.9%Interest Rate x 48 months
  • 684 CAD/month + tax
  • Total Payable: 32,850 CAD
  • Total Interest: 5,296 CAD
  • 14.9%Interest Rate x 48 months
  • 765 CAD/month + tax
  • Total Payable: 36,742 CAD
  • Total Interest: 9,188 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)
26.46
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 28.35CAD/100km (TODAY without the Cash Incentive)
  • 66.29CAD/100km (Original Contract back in May, 2023)
Time Analysis
Cost per day: (CAD)
27.12
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 29.06CAD/day (Original Contract back in May, 2023)
Remaining Km
Can be driven up to:
719.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in May, 2023)

Seller Contact Info

This Contract was Already Transferred.

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