Payment Analysis
664.20CAD/monthin Toronto, ON
- 664.20 CAD/month
- 306.55 CAD/bi-weekly
- 153.28 CAD/week
- 7,970.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 750.55 CAD/month
- 346.41 CAD/bi-weekly
- 173.20 CAD/week
- 9,006.55 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:
16,084 ~ 16,984 CAD
compared to leasing a BRAND NEW:
- BMW 430i xDrive with Premium Package Essential
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 910 |
|---|---|
| This Contract (CAD/month) | 664 |
| Monthly Difference | 246 CAD/month |
| Remaining Term | x 54 months |
| Total Monthly Difference | = 13,284 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 16,084 ~ 16,984 |
| ** "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:
59,914 CAD
- Total Vehicle Debt: 57,929 CAD
- Paid so Far: -3,985 CAD (-7% Paid)
- Remaining Lease Payments: 35,867 CAD
- Residual Value: 26,047 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: -3,985 CAD Total Vehicle Value: 57,929 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 35,867 CAD
Term Paid so Far: -3,985 CAD Residual Value: 26,047 CAD
Cost to Own
Already Paid: -3,985 CAD (-7%)
Cash Incentive: 2,000 CAD Buyout Price Today: 59,914 CAD
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: 59,914 CAD
- 4.9%Interest Rate x 48 months
- 1,377 CAD/month + tax
- Total Payable: 66,099 CAD
- Total Interest: 6,185 CAD
- 8.9%Interest Rate x 48 months
- 1,488 CAD/month + tax
- Total Payable: 71,429 CAD
- Total Interest: 11,516 CAD
- 14.9%Interest Rate x 48 months
- 1,664 CAD/month + tax
- Total Payable: 79,892 CAD
- Total Interest: 19,978 CAD
At the end of the Lease Contract
Residual Value: 26,047 CAD (in 54 months)
- 4.9%Interest Rate x 48 months
- 599 CAD/month + tax
- Total Payable: 28,736 CAD
- Total Interest: 2,689 CAD
- 8.9%Interest Rate x 48 months
- 647 CAD/month + tax
- Total Payable: 31,053 CAD
- Total Interest: 5,006 CAD
- 14.9%Interest Rate x 48 months
- 724 CAD/month + tax
- Total Payable: 34,732 CAD
- Total Interest: 8,685 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)
109.25
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
20.62
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
132.48
- km/week
- without any
- additional costs
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