BMW Lease Takeover in Toronto, ON: 2018 BMW X5 xDrive 35d Automatique AWD ID:#4451 • LeaseCosts Canada

Payment Analysis

1,549.76CAD/monthin Toronto, ON

Before Taxes:

1,549.76 CAD/month
715.27 CAD/bi-weekly
357.64 CAD/week
18,597.12 CAD/year

Incl. Ontario Taxes (13%):

1,751.23 CAD/month
808.26 CAD/bi-weekly
404.13 CAD/week
21,014.75 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: 23,765 ~ 25,065 CAD

compared to leasing a BRAND NEW:

BMW X5 xDrive40i w/ Advanced Driving Assistant Package + M Sport Package + Premium Enhanced Package
for 24 months (note this contract is shorter)
in Ontario
$0 down payment
24,000 km/year (note this contract has way more

Savings Breakdown:
Leasing New (CAD/month)	1,986
This Contract (CAD/month)	1,550
Monthly Difference	437 CAD/month
Remaining Term	x 45 months
Total Monthly Difference	= 19,665 CAD
+ Cash Incentive** (CAD)	+ 2,500
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 23,765 ~ 25,065
	** "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: 121,995 CAD

Total Vehicle Debt: 119,846 CAD
Paid so Far: -4,649 CAD (-4% Paid)
Remaining Lease Payments: 69,739 CAD
Residual Value: 54,756 CAD
Cash Incentive: 2,500 CAD

Vehicle Debt & Value

Paid so far: -4,649 CAD Total Vehicle Value: 119,846 CAD

-4% Paid

104%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 69,739 CAD

Term Paid so Far: -4,649 CAD Residual Value: 54,756 CAD

-4%

58%

46%

Cost to Own

Already Paid: -4,649 CAD (-4%)

Cash Incentive: 2,500 CAD Buyout Price Today: 121,995 CAD

-4% Paid

102%

Additional Financing Details

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: 121,995 CAD

4.9%Interest Rate x 48 months
2,804 CAD/month + tax
Total Payable: 134,589 CAD
Total Interest: 12,594 CAD

8.9%Interest Rate x 48 months
3,030 CAD/month + tax
Total Payable: 145,443 CAD
Total Interest: 23,448 CAD

14.9%Interest Rate x 48 months
3,389 CAD/month + tax
Total Payable: 162,674 CAD
Total Interest: 40,679 CAD

At the end of the Lease Contract

Residual Value: 54,756 CAD (in 45 months)

4.9%Interest Rate x 48 months
1,259 CAD/month + tax
Total Payable: 60,409 CAD
Total Interest: 5,653 CAD

8.9%Interest Rate x 48 months
1,360 CAD/month + tax
Total Payable: 65,280 CAD
Total Interest: 10,524 CAD

14.9%Interest Rate x 48 months
1,521 CAD/month + tax
Total Payable: 73,014 CAD
Total Interest: 18,258 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)