This Vehicle is Sold
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Vehicle Photos
Transfer Details
pay 4,000 CAD
SAVE ~24,700 CAD
CAD/month x 21 months
Transferred/Sold
2020 BMW M340i xDrive Sedan (ID: #21962)
682
Toronto, ON
2020 BMW
M340i xDrive Sedan Automatic AWD w/ Premium Excellence Package, tire&rim protection, Excess Wear&Use Protection
Payment Details
- Current Payment: 682 CAD/month + tax
- Required Payment: 4,000 CAD
- Payment Including Incentive: 873 CAD/month + tax
- Original Downpayment: 15,000 CAD
- Residual Value: 35,904 CAD
- Months to End: 21 months (Apr, 2023)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 20,000 km total
- Available Now: 30,476 km/year (2,540 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
Payment Analysis
682.21CAD/monthin Toronto, ON
- 682.21 CAD/month
- 314.87 CAD/bi-weekly
- 157.43 CAD/week
- 8,186.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 770.90 CAD/month
- 355.80 CAD/bi-weekly
- 177.90 CAD/week
- 9,250.77 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:
24,205 ~ 25,105 CAD
compared to leasing a BRAND NEW:
- BMW M340i xDrive Sedan w/ Premium Excellence Package ($8,500)
- for 24 months
- in Ontario
- $0 down payment
- 22,000 km/year
| Leasing New (CAD/month) | 1,987 |
|---|---|
| This Contract (CAD/month) | 682 |
| Monthly Difference | 1,305 CAD/month |
| Remaining Term | x 21 months |
| Total Monthly Difference | = 27,405 CAD |
| - Required Payment** (CAD) | - 4,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 24,205 ~ 25,105 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
54,230 CAD
- Total Vehicle Debt: 80,921 CAD
- Paid so Far: 30,691 CAD (37% Paid)
- Remaining Lease Payments: 14,326 CAD
- Residual Value: 35,904 CAD
- Required Payment: 4,000 CAD
Vehicle Debt & Value
Paid so far: 30,691 CAD Total Vehicle Value: 80,921 CAD
Vehicle Debt Breakdown
Downpayment: 15,000 CAD Remaining Term: 14,326 CAD
Term Paid so Far: 15,691 CAD Residual Value: 35,904 CAD
Cost to Own
Already Paid: 30,691 CAD (37%)
Required Payment: 4,000 CAD (5%)Buyout Price Today: 54,230 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: 54,230 CAD
- 4.9%Interest Rate x 48 months
- 1,246 CAD/month + tax
- Total Payable: 59,829 CAD
- Total Interest: 5,598 CAD
- 8.9%Interest Rate x 48 months
- 1,347 CAD/month + tax
- Total Payable: 64,654 CAD
- Total Interest: 10,423 CAD
- 14.9%Interest Rate x 48 months
- 1,507 CAD/month + tax
- Total Payable: 72,313 CAD
- Total Interest: 18,083 CAD
At the end of the Lease Contract
Residual Value: 35,904 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 825 CAD/month + tax
- Total Payable: 39,610 CAD
- Total Interest: 3,706 CAD
- 8.9%Interest Rate x 48 months
- 892 CAD/month + tax
- Total Payable: 42,805 CAD
- Total Interest: 6,901 CAD
- 14.9%Interest Rate x 48 months
- 997 CAD/month + tax
- Total Payable: 47,876 CAD
- Total Interest: 11,972 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)
34.36
- + tax
- + fuel
- + insurance
- 26.86CAD/100km (TODAY without the Cash Incentive)
- 40.93CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
28.69
- + tax
- + insurance
- + km driven & fuel
- 22.43CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
586.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2019)
Seller Contact Info
This Contract was Already Transferred.
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