Payment Analysis

1,243.22CAD/monthin Edmonton, AB
    Before Taxes:
  • 1,243.22 CAD/month
  • 573.79 CAD/bi-weekly
  • 286.90 CAD/week
  • 14,918.64 CAD/year
Incl. Alberta Taxes (5%):
  • 1,305.38 CAD/month
  • 602.48 CAD/bi-weekly
  • 301.24 CAD/week
  • 15,664.57 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: 26,640 ~ 27,940 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
Savings Breakdown:
Leasing New (CAD/month) 1,819
This Contract (CAD/month) 1,243
Monthly Difference 576 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 23,040 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 26,640 ~ 27,940
** "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: 98,183 CAD
  • Total Vehicle Debt: 110,564 CAD
  • Paid so Far: 10,381 CAD (9% Paid)
  • Remaining Lease Payments: 49,729 CAD
  • Residual Value: 50,455 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 10,381 CAD Total Vehicle Value: 110,564 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 435 CAD Remaining Term: 49,729 CAD
Term Paid so Far: 9,946 CAD Residual Value: 50,455 CAD
0%
9%
45%
46%
Cost to Own
Already Paid: 10,381 CAD (9%)
Cash Incentive: 2,000 CAD Buyout Price Today: 98,183 CAD
9% Paid
1%
90%
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: 98,183 CAD

  • 4.9%Interest Rate x 48 months
  • 2,257 CAD/month + tax
  • Total Payable: 108,319 CAD
  • Total Interest: 10,136 CAD
  • 8.9%Interest Rate x 48 months
  • 2,439 CAD/month + tax
  • Total Payable: 117,055 CAD
  • Total Interest: 18,871 CAD
  • 14.9%Interest Rate x 48 months
  • 2,728 CAD/month + tax
  • Total Payable: 130,922 CAD
  • Total Interest: 32,739 CAD

At the end of the Lease Contract

Residual Value: 50,455 CAD (in 40 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)
289.27
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
39.23
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
95.19
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

Seller Contact Info

This Contract was Already Transferred.

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  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 446 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 29,405 CAD
  • Months to End: 31 months (Aug, 2028)
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  • Available Now: 30,254 km/year (2,521 per month)
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