Payment Analysis

1,462.90CAD/monthin Calgary, AB
    Before Taxes:
  • 1,462.90 CAD/month
  • 675.18 CAD/bi-weekly
  • 337.59 CAD/week
  • 17,554.80 CAD/year
Incl. Alberta Taxes (5%):
  • 1,536.05 CAD/month
  • 708.94 CAD/bi-weekly
  • 354.47 CAD/week
  • 18,432.54 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: 4,186 ~ 5,486 CAD

compared to leasing a BRAND NEW:

  • 2023 BMW M340i xDrive Sedan
  • for 12 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,005
This Contract (CAD/month) 1,463
Monthly Difference 543 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 1,086 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,186 ~ 5,486
** "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: 39,449 CAD
  • Total Vehicle Debt: 108,242 CAD
  • Paid so Far: 67,293 CAD (62% Paid)
  • Remaining Lease Payments: 2,926 CAD
  • Residual Value: 38,023 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 67,293 CAD Total Vehicle Value: 108,242 CAD
62% Paid
38%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,926 CAD
Term Paid so Far: 67,293 CAD Residual Value: 38,023 CAD
0%
62%
2%
36%
Cost to Own
Already Paid: 67,293 CAD (62%)
Cash Incentive: 1,500 CAD Buyout Price Today: 39,449 CAD
62% Paid
1%
37%
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: 39,449 CAD

  • 4.9%Interest Rate x 48 months
  • 907 CAD/month + tax
  • Total Payable: 43,521 CAD
  • Total Interest: 4,072 CAD
  • 8.9%Interest Rate x 48 months
  • 980 CAD/month + tax
  • Total Payable: 47,031 CAD
  • Total Interest: 7,582 CAD
  • 14.9%Interest Rate x 48 months
  • 1,096 CAD/month + tax
  • Total Payable: 52,603 CAD
  • Total Interest: 13,154 CAD

At the end of the Lease Contract

Residual Value: 38,023 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 874 CAD/month + tax
  • Total Payable: 41,948 CAD
  • Total Interest: 3,925 CAD
  • 8.9%Interest Rate x 48 months
  • 944 CAD/month + tax
  • Total Payable: 45,331 CAD
  • Total Interest: 7,308 CAD
  • 14.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,702 CAD
  • Total Interest: 12,679 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)
4.26
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 8.73CAD/100km (TODAY without the Cash Incentive)
  • 146.29CAD/100km (Original Contract back in Feb, 2021)
Time Analysis
Cost per day: (CAD)
23.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 48.10CAD/day (Original Contract back in Feb, 2021)
Remaining Km
Can be driven up to:
3,865.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Feb, 2021)

Seller Contact Info

This Contract was Already Transferred.

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