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
+ 5,000 cash
SAVE ~35,300 CAD
CAD/month x 28 months
Transferred/Sold
2018 BMW M240i Cabriolet (ID: #20420)
835
Toronto, ON
2018 BMW
M240i Cabriolet Automatic AWD Sport Package
Payment Details
- Current Payment: 835 CAD/month + tax
- Cash Incentive: 5,000 CAD
- Payment After Incentive: 656 CAD/month + tax
- Residual Value: 31,876 CAD
- Months to End: 28 months (Aug, 2022)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 14,500 km total
- Available Now: 28,071 km/year (2,339 per month)
Deal Special Perks
Payment Analysis
835.06CAD/monthin Toronto, ON
- 835.06 CAD/month
- 385.41 CAD/bi-weekly
- 192.71 CAD/week
- 10,020.72 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 943.62 CAD/month
- 435.52 CAD/bi-weekly
- 217.76 CAD/week
- 11,323.41 CAD/year
Estimate Insurance Costs
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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:
34,892 ~ 35,792 CAD
compared to leasing a BRAND NEW:
- BMW M240i xDrive Cabriolet 8-Speed Sport Automatic Transmission with Paddles w/ Premium Package Essential ($2,900)
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,874 |
|---|---|
| This Contract (CAD/month) | 835 |
| Monthly Difference | 1,039 CAD/month |
| Remaining Term | x 28 months |
| Total Monthly Difference | = 29,092 CAD |
| + Cash Incentive** (CAD) | + 5,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 34,892 ~ 35,792 |
| ** "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:
50,257 CAD
- Total Vehicle Debt: 71,959 CAD
- Paid so Far: 16,701 CAD (23% Paid)
- Remaining Lease Payments: 23,382 CAD
- Residual Value: 31,876 CAD
- Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 16,701 CAD Total Vehicle Value: 71,959 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 23,382 CAD
Term Paid so Far: 16,701 CAD Residual Value: 31,876 CAD
Cost to Own
Already Paid: 16,701 CAD (23%)
Cash Incentive: 5,000 CAD Buyout Price Today: 50,257 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: 50,257 CAD
- 4.9%Interest Rate x 48 months
- 1,155 CAD/month + tax
- Total Payable: 55,446 CAD
- Total Interest: 5,188 CAD
- 8.9%Interest Rate x 48 months
- 1,248 CAD/month + tax
- Total Payable: 59,917 CAD
- Total Interest: 9,660 CAD
- 14.9%Interest Rate x 48 months
- 1,396 CAD/month + tax
- Total Payable: 67,015 CAD
- Total Interest: 16,758 CAD
At the end of the Lease Contract
Residual Value: 31,876 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 733 CAD/month + tax
- Total Payable: 35,166 CAD
- Total Interest: 3,291 CAD
- 8.9%Interest Rate x 48 months
- 792 CAD/month + tax
- Total Payable: 38,002 CAD
- Total Interest: 6,127 CAD
- 14.9%Interest Rate x 48 months
- 886 CAD/month + tax
- Total Payable: 42,504 CAD
- Total Interest: 10,629 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)
28.06
- + tax
- + fuel
- + insurance
- 35.70CAD/100km (TODAY without the Cash Incentive)
- 50.10CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
21.58
- + tax
- + insurance
- + km driven & fuel
- 27.45CAD/day (Original Contract back in Aug, 2018)
Remaining Km
Can be driven up to:
539.84
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2018)
Seller Contact Info
This Contract was Already Transferred.
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