Payment Analysis

662.00CAD/monthin Toronto, ON
    Before Taxes:
  • 662.00 CAD/month
  • 305.54 CAD/bi-weekly
  • 152.77 CAD/week
  • 7,944.00 CAD/year
Incl. Ontario Taxes (13%):
  • 748.06 CAD/month
  • 345.26 CAD/bi-weekly
  • 172.63 CAD/week
  • 8,976.72 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: -12,634 ~ -11,734 CAD

compared to leasing a BRAND NEW:

  • 2022 BMW X4 xDrive30i + Premium Package Essential ($4,150)
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,228
This Contract (CAD/month) 662
Monthly Difference 566 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 566 CAD
- Required Payment** (CAD) - 14,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -12,634 ~ -11,734
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,492 CAD
  • Total Vehicle Debt: 69,606 CAD
  • Paid so Far: 41,114 CAD (59% Paid)
  • Remaining Lease Payments: 662 CAD
  • Residual Value: 27,830 CAD
  • Required Payment: 14,000 CAD
Vehicle Debt & Value
Paid so far: 41,114 CAD Total Vehicle Value: 69,606 CAD
59% Paid
41%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 662 CAD
Term Paid so Far: 31,114 CAD Residual Value: 27,830 CAD
14%
45%
0%
41%
Cost to Own
Already Paid: 41,114 CAD (59%)
Required Payment: 14,000 CAD (20%)Buyout Price Today: 42,492 CAD
39% Paid
20%
41%
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: 42,492 CAD

  • 4.9%Interest Rate x 48 months
  • 977 CAD/month + tax
  • Total Payable: 46,879 CAD
  • Total Interest: 4,387 CAD
  • 8.9%Interest Rate x 48 months
  • 1,055 CAD/month + tax
  • Total Payable: 50,659 CAD
  • Total Interest: 8,167 CAD
  • 14.9%Interest Rate x 48 months
  • 1,180 CAD/month + tax
  • Total Payable: 56,661 CAD
  • Total Interest: 14,169 CAD

At the end of the Lease Contract

Residual Value: 27,830 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 640 CAD/month + tax
  • Total Payable: 30,703 CAD
  • Total Interest: 2,873 CAD
  • 8.9%Interest Rate x 48 months
  • 691 CAD/month + tax
  • Total Payable: 33,179 CAD
  • Total Interest: 5,349 CAD
  • 14.9%Interest Rate x 48 months
  • 773 CAD/month + tax
  • Total Payable: 37,110 CAD
  • Total Interest: 9,280 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)
24.44
  • + tax
  • + fuel
  • + insurance
(inlcuding the 14,000CAD incentive)
  • 1.10CAD/100km (TODAY without the Cash Incentive)
  • 39.72CAD/100km (Original Contract back in Jan, 2021)
Time Analysis
Cost per day: (CAD)
482.04
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 14,000CAD incentive)
  • 21.76CAD/day (Original Contract back in Jan, 2021)
Remaining Km
Can be driven up to:
13,846.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jan, 2021)

Seller Contact Info

This Contract was Already Transferred.

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