Payment Analysis

1,134.00CAD/monthin Montreal, QC
    Before Taxes:
  • 1,134.00 CAD/month
  • 523.38 CAD/bi-weekly
  • 261.69 CAD/week
  • 13,608.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,303.87 CAD/month
  • 601.79 CAD/bi-weekly
  • 300.89 CAD/week
  • 15,646.48 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: 18,000 ~ 19,300 CAD

compared to leasing a BRAND NEW:

  • BMW 640i M Sport Trim
  • for 24 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,434
This Contract (CAD/month) 1,134
Monthly Difference 300 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 14,400 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 18,000 ~ 19,300
** "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: 100,654 CAD
  • Total Vehicle Debt: 97,264 CAD
  • Paid so Far: -5,390 CAD (-6% Paid)
  • Remaining Lease Payments: 54,432 CAD
  • Residual Value: 48,222 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: -5,390 CAD Total Vehicle Value: 97,264 CAD
-6% Paid
106%
Vehicle Debt Breakdown
Downpayment: 1,414 CAD Remaining Term: 54,432 CAD
Term Paid so Far: -6,804 CAD Residual Value: 48,222 CAD
1%
-7%
56%
50%
Cost to Own
Already Paid: -5,390 CAD (-6%)
Cash Incentive: 2,000 CAD Buyout Price Today: 100,654 CAD
-6% Paid
2%
104%
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: 100,654 CAD

  • 4.9%Interest Rate x 48 months
  • 2,313 CAD/month + tax
  • Total Payable: 111,045 CAD
  • Total Interest: 10,391 CAD
  • 8.9%Interest Rate x 48 months
  • 2,500 CAD/month + tax
  • Total Payable: 120,000 CAD
  • Total Interest: 19,346 CAD
  • 14.9%Interest Rate x 48 months
  • 2,796 CAD/month + tax
  • Total Payable: 134,216 CAD
  • Total Interest: 33,562 CAD

At the end of the Lease Contract

Residual Value: 48,222 CAD (in 48 months)

  • 4.9%Interest Rate x 48 months
  • 1,108 CAD/month + tax
  • Total Payable: 53,200 CAD
  • Total Interest: 4,978 CAD
  • 8.9%Interest Rate x 48 months
  • 1,198 CAD/month + tax
  • Total Payable: 57,490 CAD
  • Total Interest: 9,268 CAD
  • 14.9%Interest Rate x 48 months
  • 1,340 CAD/month + tax
  • Total Payable: 64,301 CAD
  • Total Interest: 16,079 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)
113.98
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
35.91
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
221.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

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