Payment Analysis

557.00CAD/monthin Calgary, AB
    Before Taxes:
  • 557.00 CAD/month
  • 257.08 CAD/bi-weekly
  • 128.54 CAD/week
  • 6,684.00 CAD/year
Incl. Alberta Taxes (5%):
  • 584.85 CAD/month
  • 269.93 CAD/bi-weekly
  • 134.97 CAD/week
  • 7,018.20 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: 4,976 ~ 6,276 CAD

compared to leasing a BRAND NEW:

  • BMW M240i xDrive Coupe AWD
  • for 42 months
  • in AB
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 953
This Contract (CAD/month) 557
Monthly Difference 396 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 2,376 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,976 ~ 6,276
** "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: 17,094 CAD
  • Total Vehicle Debt: 46,488 CAD
  • Paid so Far: 28,394 CAD (61% Paid)
  • Remaining Lease Payments: 3,342 CAD
  • Residual Value: 14,752 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 28,394 CAD Total Vehicle Value: 46,488 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 3,342 CAD
Term Paid so Far: 23,394 CAD Residual Value: 14,752 CAD
10%
51%
7%
32%
Cost to Own
Already Paid: 28,394 CAD (61%)
Cash Incentive: 1,000 CAD Buyout Price Today: 17,094 CAD
61% Paid
2%
37%
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: 17,094 CAD

  • 4.9%Interest Rate x 48 months
  • 393 CAD/month + tax
  • Total Payable: 18,859 CAD
  • Total Interest: 1,765 CAD
  • 8.9%Interest Rate x 48 months
  • 425 CAD/month + tax
  • Total Payable: 20,380 CAD
  • Total Interest: 3,286 CAD
  • 14.9%Interest Rate x 48 months
  • 475 CAD/month + tax
  • Total Payable: 22,794 CAD
  • Total Interest: 5,700 CAD

At the end of the Lease Contract

Residual Value: 14,752 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,275 CAD
  • Total Interest: 1,523 CAD
  • 8.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,587 CAD
  • Total Interest: 2,835 CAD
  • 14.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,671 CAD
  • Total Interest: 4,919 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)
2.64
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 3.77CAD/100km (TODAY without the Cash Incentive)
  • 27.85CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
12.83
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 18.31CAD/day (Original Contract back in Jun, 2021)
Remaining Km
Can be driven up to:
3,409.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.64CAD
  • 461.54km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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