Payment Analysis

418.18CAD/monthin Halifax, NS
    Before Taxes:
  • 418.18 CAD/month
  • 193.01 CAD/bi-weekly
  • 96.50 CAD/week
  • 5,018.16 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 480.91 CAD/month
  • 221.96 CAD/bi-weekly
  • 110.98 CAD/week
  • 5,770.88 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: 27,476 ~ 28,376 CAD

compared to leasing a BRAND NEW:

  • BMW 330i xDrive Sedan
  • for 24 months
  • in NS
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,120
This Contract (CAD/month) 418
Monthly Difference 702 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 26,676 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 27,476 ~ 28,376

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,068 CAD
  • Total Vehicle Debt: 49,791 CAD
  • Paid so Far: 10,723 CAD (21% Paid)
  • Remaining Lease Payments: 15,891 CAD
  • Residual Value: 23,177 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,723 CAD Total Vehicle Value: 49,791 CAD
21% Paid
79%
Vehicle Debt Breakdown
Downpayment: 6,541 CAD Remaining Term: 15,891 CAD
Term Paid so Far: 4,182 CAD Residual Value: 23,177 CAD
12%
9%
32%
47%
Cost to Own
Already Paid: 10,723 CAD (21%)
Cash Incentive: 0 CAD Buyout Price Today: 39,068 CAD
21% Paid
0%
79%
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: 39,068 CAD

  • 4.9%Interest Rate x 48 months
  • 898 CAD/month + tax
  • Total Payable: 43,101 CAD
  • Total Interest: 4,033 CAD
  • 8.9%Interest Rate x 48 months
  • 970 CAD/month + tax
  • Total Payable: 46,577 CAD
  • Total Interest: 7,509 CAD
  • 14.9%Interest Rate x 48 months
  • 1,085 CAD/month + tax
  • Total Payable: 52,095 CAD
  • Total Interest: 13,027 CAD

At the end of the Lease Contract

Residual Value: 23,177 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 533 CAD/month + tax
  • Total Payable: 25,570 CAD
  • Total Interest: 2,393 CAD
  • 8.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,632 CAD
  • Total Interest: 4,455 CAD
  • 14.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,905 CAD
  • Total Interest: 7,728 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)
23.44
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
  • 25.09CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
13.75
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
411.75
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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