This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
Transfer Details
+ 2,000 cash
SAVE ~23,300 CAD
CAD/month x 33 months
Transferred/Sold
2018 BMW M550i (ID: #25128)
1,243
Edmonton, AB
2018 BMW
M550i Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 1,243 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 1,183 CAD/month + tax
- Original Downpayment: 435 CAD
- Residual Value: 50,455 CAD
- Months to End: 33 months (Jul, 2022)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 31,500 km total
- Available Now: 6,000 km/year (500 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
Payment Analysis
1,243.22CAD/monthin Edmonton, AB
- 1,243.22 CAD/month
- 573.79 CAD/bi-weekly
- 286.90 CAD/week
- 14,918.64 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 1,305.38 CAD/month
- 602.48 CAD/bi-weekly
- 301.24 CAD/week
- 15,664.57 CAD/year
Estimate Insurance Costs
Avoid surprises and lock your insurance offer now! Quote how much you will have to pay and get the best insurance company to bid for your contract.
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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:
22,608 ~ 23,908 CAD
compared to leasing a BRAND NEW:
- BMW M550i Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
- for 24 months
- in AB
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 1,819 |
|---|---|
| This Contract (CAD/month) | 1,243 |
| Monthly Difference | 576 CAD/month |
| Remaining Term | x 33 months |
| Total Monthly Difference | = 19,008 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 22,608 ~ 23,908 |
| ** "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:
89,481 CAD
- Total Vehicle Debt: 110,564 CAD
- Paid so Far: 19,083 CAD (17% Paid)
- Remaining Lease Payments: 41,026 CAD
- Residual Value: 50,455 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 19,083 CAD Total Vehicle Value: 110,564 CAD
Vehicle Debt Breakdown
Downpayment: 435 CAD Remaining Term: 41,026 CAD
Term Paid so Far: 18,648 CAD Residual Value: 50,455 CAD
Cost to Own
Already Paid: 19,083 CAD (17%)
Cash Incentive: 2,000 CAD Buyout Price Today: 89,481 CAD
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: 89,481 CAD
- 4.9%Interest Rate x 48 months
- 2,057 CAD/month + tax
- Total Payable: 98,718 CAD
- Total Interest: 9,237 CAD
- 8.9%Interest Rate x 48 months
- 2,222 CAD/month + tax
- Total Payable: 106,679 CAD
- Total Interest: 17,199 CAD
- 14.9%Interest Rate x 48 months
- 2,486 CAD/month + tax
- Total Payable: 119,318 CAD
- Total Interest: 29,837 CAD
At the end of the Lease Contract
Residual Value: 50,455 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 1,160 CAD/month + tax
- Total Payable: 55,663 CAD
- Total Interest: 5,209 CAD
- 8.9%Interest Rate x 48 months
- 1,253 CAD/month + tax
- Total Payable: 60,152 CAD
- Total Interest: 9,698 CAD
- 14.9%Interest Rate x 48 months
- 1,402 CAD/month + tax
- Total Payable: 67,278 CAD
- Total Interest: 16,824 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)
236.52
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
38.88
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
115.38
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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