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: 42,087 ~ 43,387 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 51 months
Total Monthly Difference	= 32,487 CAD
+ Cash Incentive** (CAD)	+ 8,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 42,087 ~ 43,387
	** "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: 156,409 CAD

Total Vehicle Debt: 140,684 CAD
Paid so Far: -23,725 CAD (-17% Paid)
Remaining Lease Payments: 97,665 CAD
Residual Value: 66,744 CAD
Cash Incentive: 8,000 CAD

Vehicle Debt & Value

Paid so far: -23,725 CAD Total Vehicle Value: 140,684 CAD

-17% Paid

117%

Vehicle Debt Breakdown

Downpayment: 5,000 CAD Remaining Term: 97,665 CAD

Term Paid so Far: -28,725 CAD Residual Value: 66,744 CAD

-20%

69%

48%

Cost to Own

Already Paid: -23,725 CAD (-17%)

Cash Incentive: 8,000 CAD Buyout Price Today: 156,409 CAD

-17% Paid

112%

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: 156,409 CAD

4.9%Interest Rate x 48 months
3,595 CAD/month + tax
Total Payable: 172,556 CAD
Total Interest: 16,147 CAD

8.9%Interest Rate x 48 months
3,885 CAD/month + tax
Total Payable: 186,471 CAD
Total Interest: 30,062 CAD

14.9%Interest Rate x 48 months
4,345 CAD/month + tax
Total Payable: 208,563 CAD
Total Interest: 52,154 CAD

At the end of the Lease Contract

Residual Value: 66,744 CAD (in 51 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)