Payment Analysis

1,101.60CAD/monthin Edmonton, AB
    Before Taxes:
  • 1,101.60 CAD/month
  • 508.43 CAD/bi-weekly
  • 254.22 CAD/week
  • 13,219.20 CAD/year
Incl. Alberta Taxes (5%):
  • 1,156.68 CAD/month
  • 533.85 CAD/bi-weekly
  • 266.93 CAD/week
  • 13,880.16 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: 5,654 ~ 6,054 CAD

compared to leasing a BRAND NEW:

  • BMW 540xi
  • for 42 months
  • in Alberta
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,207
This Contract (CAD/month) 1,102
Monthly Difference 106 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 3,604 CAD
+ Cash Incentive** (CAD) + 1,250
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,654 ~ 6,054
** "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: 77,529 CAD
  • Total Vehicle Debt: 94,202 CAD
  • Paid so Far: 15,422 CAD (16% Paid)
  • Remaining Lease Payments: 37,454 CAD
  • Residual Value: 41,325 CAD
  • Cash Incentive: 1,250 CAD
Vehicle Debt & Value
Paid so far: 15,422 CAD Total Vehicle Value: 94,202 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 37,454 CAD
Term Paid so Far: 15,422 CAD Residual Value: 41,325 CAD
0%
16%
39%
45%
Cost to Own
Already Paid: 15,422 CAD (16%)
Cash Incentive: 1,250 CAD Buyout Price Today: 77,529 CAD
16% Paid
1%
83%
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: 77,529 CAD

  • 4.9%Interest Rate x 48 months
  • 1,782 CAD/month + tax
  • Total Payable: 85,533 CAD
  • Total Interest: 8,004 CAD
  • 8.9%Interest Rate x 48 months
  • 1,926 CAD/month + tax
  • Total Payable: 92,431 CAD
  • Total Interest: 14,901 CAD
  • 14.9%Interest Rate x 48 months
  • 2,154 CAD/month + tax
  • Total Payable: 103,381 CAD
  • Total Interest: 25,852 CAD

At the end of the Lease Contract

Residual Value: 41,325 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 950 CAD/month + tax
  • Total Payable: 45,591 CAD
  • Total Interest: 4,266 CAD
  • 8.9%Interest Rate x 48 months
  • 1,026 CAD/month + tax
  • Total Payable: 49,268 CAD
  • Total Interest: 7,943 CAD
  • 14.9%Interest Rate x 48 months
  • 1,148 CAD/month + tax
  • Total Payable: 55,105 CAD
  • Total Interest: 13,780 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)
93.55
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,250CAD incentive)
  • 96.78CAD/100km (TODAY without the Cash Incentive)
  • 110.16CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
35.01
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,250CAD incentive)
  • 36.22CAD/day (Original Contract back in Jan, 2018)
Remaining Km
Can be driven up to:
262.67
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 230.77km/week (Contract Original back in Jan, 2018)