Payment Analysis

260.78CAD/monthin St. John's, NB
    Before Taxes:
  • 260.78 CAD/month
  • 120.36 CAD/bi-weekly
  • 60.18 CAD/week
  • 3,129.36 CAD/year
Incl. New Brunswick Taxes (15%):
  • 299.90 CAD/month
  • 138.41 CAD/bi-weekly
  • 69.21 CAD/week
  • 3,598.76 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: 2,420 ~ 3,720 CAD

compared to leasing a BRAND NEW:

  • Nissan Sentra SV
  • for 36 months
  • in NB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 280
This Contract (CAD/month) 261
Monthly Difference 20 CAD/month
Remaining Term x 41 months
Total Monthly Difference = 820 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,420 ~ 3,720

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,265 CAD
  • Total Vehicle Debt: 24,220 CAD
  • Paid so Far: 4,955 CAD (20% Paid)
  • Remaining Lease Payments: 10,692 CAD
  • Residual Value: 8,573 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,955 CAD Total Vehicle Value: 24,220 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,692 CAD
Term Paid so Far: 4,955 CAD Residual Value: 8,573 CAD
0%
20%
44%
36%
Cost to Own
Already Paid: 4,955 CAD (20%)
Cash Incentive: 0 CAD Buyout Price Today: 19,265 CAD
20% Paid
0%
80%
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: 19,265 CAD

  • 4.9%Interest Rate x 48 months
  • 443 CAD/month + tax
  • Total Payable: 21,254 CAD
  • Total Interest: 1,989 CAD
  • 8.9%Interest Rate x 48 months
  • 479 CAD/month + tax
  • Total Payable: 22,968 CAD
  • Total Interest: 3,703 CAD
  • 14.9%Interest Rate x 48 months
  • 535 CAD/month + tax
  • Total Payable: 25,689 CAD
  • Total Interest: 6,424 CAD

At the end of the Lease Contract

Residual Value: 8,573 CAD (in 41 months)

  • 4.9%Interest Rate x 48 months
  • 197 CAD/month + tax
  • Total Payable: 9,458 CAD
  • Total Interest: 885 CAD
  • 8.9%Interest Rate x 48 months
  • 213 CAD/month + tax
  • Total Payable: 10,221 CAD
  • Total Interest: 1,648 CAD
  • 14.9%Interest Rate x 48 months
  • 238 CAD/month + tax
  • Total Payable: 11,432 CAD
  • Total Interest: 2,859 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)
13.28
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 15.65CAD/100km (Original Contract back in Jun, 2016)
Time Analysis
Cost per day: (CAD)
8.57
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
453.10
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Jun, 2016)

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2016 BMW

X1 xDrive28i Automatique AWD

Payment Details
  • Current Payment: 800 CAD/month + tax
  • Residual Value: 23,125 CAD
  • Months to End: 60 months (Oct, 2019)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 48,386 km total
  • Available Now: 4,723 km/year (394 per month)
See all Details