Payment Analysis

500.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 500.00 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 6,000.00 CAD/year
Incl. Ontario Taxes (13%):
  • 565.00 CAD/month
  • 260.77 CAD/bi-weekly
  • 130.38 CAD/week
  • 6,780.00 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: 31,682 CAD

compared to leasing a BRAND NEW:

  • BMW M340i xDrive Sedan xDrive sport Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,522
This Contract (CAD/month) 500
Monthly Difference 1,022 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 31,682 CAD
Total Savings (CAD) = 31,682

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,500 CAD
  • Total Vehicle Debt: 60,500 CAD
  • Paid so Far: 18,000 CAD (29% Paid)
  • Remaining Lease Payments: 15,500 CAD
  • Residual Value: 27,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,000 CAD Total Vehicle Value: 60,500 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 15,500 CAD
Term Paid so Far: 8,000 CAD Residual Value: 27,000 CAD
16%
13%
25%
46%
Cost to Own
Already Paid: 18,000 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 42,500 CAD
29% Paid
0%
71%
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: 42,500 CAD

  • 4.9%Interest Rate x 48 months
  • 977 CAD/month + tax
  • Total Payable: 46,887 CAD
  • Total Interest: 4,387 CAD
  • 8.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,669 CAD
  • Total Interest: 8,169 CAD
  • 14.9%Interest Rate x 48 months
  • 1,181 CAD/month + tax
  • Total Payable: 56,671 CAD
  • Total Interest: 14,171 CAD

At the end of the Lease Contract

Residual Value: 27,000 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,787 CAD
  • Total Interest: 2,787 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,190 CAD
  • Total Interest: 5,190 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,003 CAD
  • Total Interest: 9,003 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)
32.07
  • + tax
  • + fuel
  • + insurance
(or 0.32CAD per km)
Time Analysis
Cost per day: (CAD)
16.44
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
359.80
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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