Payment Analysis

1,051.00CAD/monthin Oakville, ON
    Before Taxes:
  • 1,051.00 CAD/month
  • 485.08 CAD/bi-weekly
  • 242.54 CAD/week
  • 12,612.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,187.63 CAD/month
  • 548.14 CAD/bi-weekly
  • 274.07 CAD/week
  • 14,251.56 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: 15,235 ~ 16,535 CAD

compared to leasing a BRAND NEW:

  • BMW X4 M40i
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,208
This Contract (CAD/month) 1,051
Monthly Difference 157 CAD/month
Remaining Term x 55 months
Total Monthly Difference = 8,635 CAD
+ Cash Incentive** (CAD) + 5,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 15,235 ~ 16,535
** "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: 83,521 CAD
  • Total Vehicle Debt: 81,164 CAD
  • Paid so Far: -7,357 CAD (-10% Paid)
  • Remaining Lease Payments: 57,805 CAD
  • Residual Value: 30,716 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: -7,357 CAD Total Vehicle Value: 81,164 CAD
-10% Paid
110%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 57,805 CAD
Term Paid so Far: -7,357 CAD Residual Value: 30,716 CAD
0%
-10%
71%
39%
Cost to Own
Already Paid: -7,357 CAD (-10%)
Cash Incentive: 5,000 CAD Buyout Price Today: 83,521 CAD
-10% Paid
6%
104%
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: 83,521 CAD

  • 4.9%Interest Rate x 48 months
  • 1,920 CAD/month + tax
  • Total Payable: 92,143 CAD
  • Total Interest: 8,622 CAD
  • 8.9%Interest Rate x 48 months
  • 2,074 CAD/month + tax
  • Total Payable: 99,574 CAD
  • Total Interest: 16,053 CAD
  • 14.9%Interest Rate x 48 months
  • 2,320 CAD/month + tax
  • Total Payable: 111,371 CAD
  • Total Interest: 27,850 CAD

At the end of the Lease Contract

Residual Value: 30,716 CAD (in 55 months)

  • 4.9%Interest Rate x 48 months
  • 706 CAD/month + tax
  • Total Payable: 33,887 CAD
  • Total Interest: 3,171 CAD
  • 8.9%Interest Rate x 48 months
  • 763 CAD/month + tax
  • Total Payable: 36,620 CAD
  • Total Interest: 5,904 CAD
  • 14.9%Interest Rate x 48 months
  • 853 CAD/month + tax
  • Total Payable: 40,958 CAD
  • Total Interest: 10,242 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)
89.50
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
Time Analysis
Cost per day: (CAD)
31.56
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
Remaining Km
Can be driven up to:
247.55
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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