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: 6,280 ~ 7,180 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 37 months
Total Monthly Difference = 1,480 CAD
+ Cash Incentive** (CAD) + 4,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,280 ~ 7,180
** "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: 46,605 CAD
  • Total Vehicle Debt: 61,920 CAD
  • Paid so Far: 11,315 CAD (18% Paid)
  • Remaining Lease Payments: 24,605 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 11,315 CAD Total Vehicle Value: 61,920 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 24,605 CAD
Term Paid so Far: 7,315 CAD Residual Value: 26,000 CAD
6%
12%
39%
43%
Cost to Own
Already Paid: 11,315 CAD (18%)
Cash Incentive: 4,000 CAD Buyout Price Today: 46,605 CAD
18% Paid
6%
76%
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: 46,605 CAD

  • 4.9%Interest Rate x 48 months
  • 1,071 CAD/month + tax
  • Total Payable: 51,416 CAD
  • Total Interest: 4,811 CAD
  • 8.9%Interest Rate x 48 months
  • 1,158 CAD/month + tax
  • Total Payable: 55,563 CAD
  • Total Interest: 8,958 CAD
  • 14.9%Interest Rate x 48 months
  • 1,295 CAD/month + tax
  • Total Payable: 62,145 CAD
  • Total Interest: 15,540 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 37 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)
32.65
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 38.99CAD/100km (TODAY without the Cash Incentive)
  • 49.88CAD/100km (Original Contract back in Feb, 2018)
Time Analysis
Cost per day: (CAD)
18.31
  • + 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:
393.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Feb, 2018)

Similar Listings in Ottawa

CAD/month x 39 months
2024 Volkswagen Golf R (ID: #58794)
698
Ottawa
2024 Volkswagen

Golf R Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 698 CAD/month + tax
  • Residual Value: 24,000 CAD
  • Months to End: 39 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 12,816 km total
  • Available Now: 26,185 km/year (2,182 per month)
See all Details
+ 30,000 cash
CAD/month x 36 months
2023 Honda Civic sport (ID: #58654)
598
Ottawa
2023 Honda

Civic sport Automatique 2WD Civic sport

Payment Details
  • Current Payment: 598 CAD/month + tax
  • Cash Incentive: 30,000 CAD
  • Payment After Incentive: -235 CAD/month + tax
  • Months to End: 36 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 45,600 km total
  • Available Now: 18,133 km/year (1,511 per month)
See all Details
CAD/month x 22 months
2023 Tesla Standard Range Plus (ID: #50395)
702
Ottawa,ON
2023 Tesla

Standard Range Plus Automatique 2WD

Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 22 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 32,727 km/year (2,727 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details