Payment Analysis

665.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 665.00 CAD/month
  • 306.92 CAD/bi-weekly
  • 153.46 CAD/week
  • 7,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 751.45 CAD/month
  • 346.82 CAD/bi-weekly
  • 173.41 CAD/week
  • 9,017.40 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: 6,200 ~ 7,100 CAD

compared to leasing a BRAND NEW:

  • BMW 330i xDrive w/ M Sport Package
  • for 39 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 705
This Contract (CAD/month) 665
Monthly Difference 40 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 1,400 CAD
+ Cash Incentive** (CAD) + 4,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,200 ~ 7,100
** "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: 45,275 CAD
  • Total Vehicle Debt: 61,920 CAD
  • Paid so Far: 12,645 CAD (20% Paid)
  • Remaining Lease Payments: 23,275 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 12,645 CAD Total Vehicle Value: 61,920 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 23,275 CAD
Term Paid so Far: 8,645 CAD Residual Value: 26,000 CAD
6%
14%
37%
43%
Cost to Own
Already Paid: 12,645 CAD (20%)
Cash Incentive: 4,000 CAD Buyout Price Today: 45,275 CAD
20% Paid
6%
74%
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: 45,275 CAD

  • 4.9%Interest Rate x 48 months
  • 1,041 CAD/month + tax
  • Total Payable: 49,949 CAD
  • Total Interest: 4,674 CAD
  • 8.9%Interest Rate x 48 months
  • 1,125 CAD/month + tax
  • Total Payable: 53,977 CAD
  • Total Interest: 8,702 CAD
  • 14.9%Interest Rate x 48 months
  • 1,258 CAD/month + tax
  • Total Payable: 60,372 CAD
  • Total Interest: 15,097 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 598 CAD/month + tax
  • Total Payable: 28,684 CAD
  • Total Interest: 2,684 CAD
  • 8.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,997 CAD
  • Total Interest: 4,997 CAD
  • 14.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,670 CAD
  • Total Interest: 8,670 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)
30.55
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 36.89CAD/100km (TODAY without the Cash Incentive)
  • 49.88CAD/100km (Original Contract back in Feb, 2018)
Time Analysis
Cost per day: (CAD)
18.11
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
  • 21.86CAD/day (Original Contract back in Feb, 2018)
Remaining Km
Can be driven up to:
416.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Feb, 2018)

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Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 24 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 30,000 km/year (2,500 per month)
  • Excess Km Cost: 0.15 CAD/km
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