BMW Lease Takeover in Ottawa, ON: 2018 BMW M5 Automatique AWD ID:#9282 • LeaseCosts Canada

Payment Analysis

1,915.00CAD/monthin Ottawa, ON

Before Taxes:

1,915.00 CAD/month
883.85 CAD/bi-weekly
441.92 CAD/week
22,980.00 CAD/year

Incl. Ontario Taxes (13%):

2,163.95 CAD/month
998.75 CAD/bi-weekly
499.37 CAD/week
25,967.40 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: 49,094 ~ 50,394 CAD

compared to leasing a BRAND NEW:

BMW M5 Competition w/ Advanced Driver Assistant Package ($1,500) & Premium Package ($6,500) - Read Buyer Message for all specific details on the vehicle configuration
for 24 months (at 4.40% interest rate)
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	2,552
This Contract (CAD/month)	1,915
Monthly Difference	637 CAD/month
Remaining Term	x 62 months
Total Monthly Difference	= 39,494 CAD
+ Cash Incentive** (CAD)	+ 8,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 49,094 ~ 50,394
	** "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: 177,474 CAD

Total Vehicle Debt: 140,684 CAD
Paid so Far: -44,790 CAD (-32% Paid)
Remaining Lease Payments: 118,730 CAD
Residual Value: 66,744 CAD
Cash Incentive: 8,000 CAD

Vehicle Debt & Value

Paid so far: -44,790 CAD Total Vehicle Value: 140,684 CAD

-32% Paid

132%

Vehicle Debt Breakdown

Downpayment: 5,000 CAD Remaining Term: 118,730 CAD

Term Paid so Far: -49,790 CAD Residual Value: 66,744 CAD

-35%

84%

48%

Cost to Own

Already Paid: -44,790 CAD (-32%)

Cash Incentive: 8,000 CAD Buyout Price Today: 177,474 CAD

-32% Paid

127%

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: 177,474 CAD

4.9%Interest Rate x 48 months
4,079 CAD/month + tax
Total Payable: 195,795 CAD
Total Interest: 18,321 CAD

8.9%Interest Rate x 48 months
4,408 CAD/month + tax
Total Payable: 211,585 CAD
Total Interest: 34,111 CAD

14.9%Interest Rate x 48 months
4,930 CAD/month + tax
Total Payable: 236,652 CAD
Total Interest: 59,178 CAD

At the end of the Lease Contract

Residual Value: 66,744 CAD (in 62 months)

4.9%Interest Rate x 48 months
1,534 CAD/month + tax
Total Payable: 73,634 CAD
Total Interest: 6,890 CAD

8.9%Interest Rate x 48 months
1,658 CAD/month + tax
Total Payable: 79,572 CAD
Total Interest: 12,828 CAD

14.9%Interest Rate x 48 months
1,854 CAD/month + tax
Total Payable: 88,999 CAD
Total Interest: 22,255 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)