Payment Analysis

981.14CAD/monthin Saskatoon, SK
    Before Taxes:
  • 981.14 CAD/month
  • 452.83 CAD/bi-weekly
  • 226.42 CAD/week
  • 11,773.68 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 1,089.07 CAD/month
  • 502.65 CAD/bi-weekly
  • 251.32 CAD/week
  • 13,068.78 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: 2,704 CAD

compared to leasing a BRAND NEW:

  • BMW M3 Automatic 2WD
  • for 42 months
  • in SK
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,265
This Contract (CAD/month) 981
Monthly Difference 284 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 1,704 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 2,704
** "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: 55,887 CAD
  • Total Vehicle Debt: 114,195 CAD
  • Paid so Far: 57,308 CAD (50% Paid)
  • Remaining Lease Payments: 5,887 CAD
  • Residual Value: 51,000 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 57,308 CAD Total Vehicle Value: 114,195 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 16,100 CAD Remaining Term: 5,887 CAD
Term Paid so Far: 41,208 CAD Residual Value: 51,000 CAD
14%
36%
5%
45%
Cost to Own
Already Paid: 57,308 CAD (50%)
Cash Incentive: 1,000 CAD Buyout Price Today: 55,887 CAD
50% Paid
0%
50%
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: 55,887 CAD

  • 4.9%Interest Rate x 48 months
  • 1,285 CAD/month + tax
  • Total Payable: 61,656 CAD
  • Total Interest: 5,769 CAD
  • 8.9%Interest Rate x 48 months
  • 1,388 CAD/month + tax
  • Total Payable: 66,629 CAD
  • Total Interest: 10,742 CAD
  • 14.9%Interest Rate x 48 months
  • 1,553 CAD/month + tax
  • Total Payable: 74,522 CAD
  • Total Interest: 18,635 CAD

At the end of the Lease Contract

Residual Value: 51,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 1,172 CAD/month + tax
  • Total Payable: 56,265 CAD
  • Total Interest: 5,265 CAD
  • 8.9%Interest Rate x 48 months
  • 1,267 CAD/month + tax
  • Total Payable: 60,802 CAD
  • Total Interest: 9,802 CAD
  • 14.9%Interest Rate x 48 months
  • 1,417 CAD/month + tax
  • Total Payable: 68,006 CAD
  • Total Interest: 17,006 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)
10.57
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 12.73CAD/100km (TODAY without the Cash Incentive)
  • 98.11CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
26.78
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 32.26CAD/day (Original Contract back in Apr, 2021)
Remaining Km
Can be driven up to:
1,778.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 230.77km/week (Contract Original back in Apr, 2021)

Seller Contact Info

This Contract was Already Transferred.