Payment Analysis
635.08CAD/monthin Sarnia, ON
- 635.08 CAD/month
- 293.11 CAD/bi-weekly
- 146.56 CAD/week
- 7,620.96 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 717.64 CAD/month
- 331.22 CAD/bi-weekly
- 165.61 CAD/week
- 8,611.68 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:
18,166 CAD
compared to leasing a BRAND NEW:
- BMW 230i xDrive
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 928 |
|---|---|
| This Contract (CAD/month) | 635 |
| Monthly Difference | 293 CAD/month |
| Remaining Term | x 62 months |
| Total Monthly Difference | = 18,166 CAD |
| Total Savings (CAD) | = 18,166 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
60,668 CAD
- Total Vehicle Debt: 56,777 CAD
- Paid so Far: -3,891 CAD (-7% Paid)
- Remaining Lease Payments: 39,375 CAD
- Residual Value: 21,293 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -3,891 CAD Total Vehicle Value: 56,777 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 39,375 CAD
Term Paid so Far: -8,891 CAD Residual Value: 21,293 CAD
Cost to Own
Already Paid: -3,891 CAD (-7%)
Cash Incentive: 0 CAD Buyout Price Today: 60,668 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: 60,668 CAD
- 4.9%Interest Rate x 48 months
- 1,394 CAD/month + tax
- Total Payable: 66,931 CAD
- Total Interest: 6,263 CAD
- 8.9%Interest Rate x 48 months
- 1,507 CAD/month + tax
- Total Payable: 72,329 CAD
- Total Interest: 11,661 CAD
- 14.9%Interest Rate x 48 months
- 1,685 CAD/month + tax
- Total Payable: 80,898 CAD
- Total Interest: 20,230 CAD
At the end of the Lease Contract
Residual Value: 21,293 CAD (in 62 months)
- 4.9%Interest Rate x 48 months
- 489 CAD/month + tax
- Total Payable: 23,492 CAD
- Total Interest: 2,198 CAD
- 8.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,386 CAD
- Total Interest: 4,093 CAD
- 14.9%Interest Rate x 48 months
- 592 CAD/month + tax
- Total Payable: 28,394 CAD
- Total Interest: 7,100 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)
111.60
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
20.88
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
131.32
- km/week
- without any
- additional costs
