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: 6,078 ~ 6,478 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 38 months
Total Monthly Difference = 4,028 CAD
+ Cash Incentive** (CAD) + 1,250
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,078 ~ 6,478
** "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: 81,936 CAD
  • Total Vehicle Debt: 94,202 CAD
  • Paid so Far: 11,016 CAD (11% Paid)
  • Remaining Lease Payments: 41,861 CAD
  • Residual Value: 41,325 CAD
  • Cash Incentive: 1,250 CAD
Vehicle Debt & Value
Paid so far: 11,016 CAD Total Vehicle Value: 94,202 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 41,861 CAD
Term Paid so Far: 11,016 CAD Residual Value: 41,325 CAD
0%
11%
44%
45%
Cost to Own
Already Paid: 11,016 CAD (11%)
Cash Incentive: 1,250 CAD Buyout Price Today: 81,936 CAD
11% Paid
1%
88%
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: 81,936 CAD

  • 4.9%Interest Rate x 48 months
  • 1,883 CAD/month + tax
  • Total Payable: 90,394 CAD
  • Total Interest: 8,458 CAD
  • 8.9%Interest Rate x 48 months
  • 2,035 CAD/month + tax
  • Total Payable: 97,684 CAD
  • Total Interest: 15,748 CAD
  • 14.9%Interest Rate x 48 months
  • 2,276 CAD/month + tax
  • Total Payable: 109,257 CAD
  • Total Interest: 27,321 CAD

At the end of the Lease Contract

Residual Value: 41,325 CAD (in 38 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)
104.94
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,250CAD incentive)
  • 108.17CAD/100km (TODAY without the Cash Incentive)
  • 110.16CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
35.14
  • + 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:
235.02
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 230.77km/week (Contract Original back in Jan, 2018)

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2016 Chrysler

2016 Chrysler 300s Rwd with 3.6 vvt (V6) engine Automatique 2WD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 446 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 29,405 CAD
  • Months to End: 40 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 178 km total
  • Available Now: 23,447 km/year (1,954 per month)
See all Details