BMW Lease Takeover in Toronto, ON: 2017 BMW 330 ix Drive Touring (wagon) Automatique AWD ID:#26027 • LeaseCosts Canada

Payment Analysis

617.70CAD/monthin Toronto, ON

Before Taxes:

617.70 CAD/month
285.09 CAD/bi-weekly
142.55 CAD/week
7,412.40 CAD/year

Incl. Ontario Taxes (13%):

698.00 CAD/month
322.15 CAD/bi-weekly
161.08 CAD/week
8,376.01 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: 27,400 ~ 28,700 CAD

compared to leasing a BRAND NEW:

BMW 330i xDrive Sedan
for 12 months
in Ontario
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,237
This Contract (CAD/month)	618
Monthly Difference	620 CAD/month
Remaining Term	x 40 months
Total Monthly Difference	= 24,800 CAD
+ Cash Incentive** (CAD)	+ 1,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 27,400 ~ 28,700
	** "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: 49,423 CAD

Total Vehicle Debt: 63,610 CAD
Paid so Far: 13,187 CAD (20% Paid)
Remaining Lease Payments: 24,708 CAD
Residual Value: 25,715 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 13,187 CAD Total Vehicle Value: 63,610 CAD

20% Paid

80%

Vehicle Debt Breakdown

Downpayment: 8,863 CAD Remaining Term: 24,708 CAD

Term Paid so Far: 4,324 CAD Residual Value: 25,715 CAD

13%

39%

41%

Cost to Own

Already Paid: 13,187 CAD (20%)

Cash Incentive: 1,000 CAD Buyout Price Today: 49,423 CAD

20% Paid

79%

Additional Financing Details

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: 49,423 CAD

4.9%Interest Rate x 48 months
1,136 CAD/month + tax
Total Payable: 54,525 CAD
Total Interest: 5,102 CAD

8.9%Interest Rate x 48 months
1,228 CAD/month + tax
Total Payable: 58,923 CAD
Total Interest: 9,499 CAD

14.9%Interest Rate x 48 months
1,373 CAD/month + tax
Total Payable: 65,903 CAD
Total Interest: 16,480 CAD

At the end of the Lease Contract

Residual Value: 25,715 CAD (in 40 months)

4.9%Interest Rate x 48 months
591 CAD/month + tax
Total Payable: 28,370 CAD
Total Interest: 2,655 CAD

8.9%Interest Rate x 48 months
639 CAD/month + tax
Total Payable: 30,658 CAD
Total Interest: 4,943 CAD

14.9%Interest Rate x 48 months
714 CAD/month + tax
Total Payable: 34,290 CAD
Total Interest: 8,575 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)