Payment Analysis
447.39CAD/monthin Toronto, ON
- 447.39 CAD/month
- 206.49 CAD/bi-weekly
- 103.24 CAD/week
- 5,368.68 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 505.55 CAD/month
- 233.33 CAD/bi-weekly
- 116.67 CAD/week
- 6,066.61 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:
19,838 CAD
compared to leasing a BRAND NEW:
- BMW X1 xDrive
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 795 |
---|---|
This Contract (CAD/month) | 447 |
Monthly Difference | 348 CAD/month |
Remaining Term | x 56 months |
Total Monthly Difference | = 19,488 CAD |
+ Cash Incentive** (CAD) | + 350 |
Total Savings (CAD) | = 19,838 |
** "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:
35,204 CAD
- Total Vehicle Debt: 21,237 CAD
- Paid so Far: -14,316 CAD (-68% Paid)
- Remaining Lease Payments: 25,054 CAD
- Residual Value: 10,500 CAD
- Cash Incentive: 350 CAD
Vehicle Debt & Value
Paid so far: -14,316 CAD Total Vehicle Value: 21,237 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,054 CAD
Term Paid so Far: -14,316 CAD Residual Value: 10,500 CAD
Cost to Own
Already Paid: -14,316 CAD (-68%)
Cash Incentive: 350 CAD Buyout Price Today: 35,204 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: 35,204 CAD
- 4.9%Interest Rate x 48 months
- 809 CAD/month + tax
- Total Payable: 38,838 CAD
- Total Interest: 3,634 CAD
- 8.9%Interest Rate x 48 months
- 874 CAD/month + tax
- Total Payable: 41,970 CAD
- Total Interest: 6,766 CAD
- 14.9%Interest Rate x 48 months
- 978 CAD/month + tax
- Total Payable: 46,942 CAD
- Total Interest: 11,739 CAD
At the end of the Lease Contract
Residual Value: 10,500 CAD (in 56 months)
- 4.9%Interest Rate x 48 months
- 241 CAD/month + tax
- Total Payable: 11,584 CAD
- Total Interest: 1,084 CAD
- 8.9%Interest Rate x 48 months
- 261 CAD/month + tax
- Total Payable: 12,518 CAD
- Total Interest: 2,018 CAD
- 14.9%Interest Rate x 48 months
- 292 CAD/month + tax
- Total Payable: 14,001 CAD
- Total Interest: 3,501 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)
85.66
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
14.50
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
118.84
- km/week
- without any
- additional costs
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