Payment Analysis

838.08CAD/monthin Montreal, QC
    Before Taxes:
  • 838.08 CAD/month
  • 386.81 CAD/bi-weekly
  • 193.40 CAD/week
  • 10,056.96 CAD/year
Incl. Québec Taxes (14.98%):
  • 963.62 CAD/month
  • 444.75 CAD/bi-weekly
  • 222.37 CAD/week
  • 11,563.49 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: 26,852 ~ 28,152 CAD

compared to leasing a BRAND NEW:

  • BMW 540i xDrive
  • for 39 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,266
This Contract (CAD/month) 838
Monthly Difference 428 CAD/month
Remaining Term x 59 months
Total Monthly Difference = 25,252 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 26,852 ~ 28,152

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 84,984 CAD
  • Total Vehicle Debt: 52,080 CAD
  • Paid so Far: -32,904 CAD (-64% Paid)
  • Remaining Lease Payments: 49,447 CAD
  • Residual Value: 35,537 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -32,904 CAD Total Vehicle Value: 52,080 CAD
-64% Paid
164%
Vehicle Debt Breakdown
Downpayment: 619 CAD Remaining Term: 49,447 CAD
Term Paid so Far: -33,523 CAD Residual Value: 35,537 CAD
1%
-65%
95%
69%
Cost to Own
Already Paid: -32,904 CAD (-64%)
Cash Incentive: 0 CAD Buyout Price Today: 84,984 CAD
-64% Paid
0%
164%
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: 84,984 CAD

  • 4.9%Interest Rate x 48 months
  • 1,953 CAD/month + tax
  • Total Payable: 93,757 CAD
  • Total Interest: 8,773 CAD
  • 8.9%Interest Rate x 48 months
  • 2,111 CAD/month + tax
  • Total Payable: 101,318 CAD
  • Total Interest: 16,334 CAD
  • 14.9%Interest Rate x 48 months
  • 2,361 CAD/month + tax
  • Total Payable: 113,321 CAD
  • Total Interest: 28,337 CAD

At the end of the Lease Contract

Residual Value: 35,537 CAD (in 59 months)

  • 4.9%Interest Rate x 48 months
  • 817 CAD/month + tax
  • Total Payable: 39,206 CAD
  • Total Interest: 3,669 CAD
  • 8.9%Interest Rate x 48 months
  • 883 CAD/month + tax
  • Total Payable: 42,368 CAD
  • Total Interest: 6,830 CAD
  • 14.9%Interest Rate x 48 months
  • 987 CAD/month + tax
  • Total Payable: 47,387 CAD
  • Total Interest: 11,850 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)
-84.77
  • + tax
  • + fuel
  • + insurance
(or -0.85CAD per km)
Time Analysis
Cost per day: (CAD)
27.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
-228.16
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

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