Payment Analysis
1,837.00CAD/monthin Toronto, ON
- 1,837.00 CAD/month
- 847.85 CAD/bi-weekly
- 423.92 CAD/week
- 22,044.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 2,075.81 CAD/month
- 958.07 CAD/bi-weekly
- 479.03 CAD/week
- 24,909.72 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:
18,060 ~ 18,460 CAD
compared to leasing a BRAND NEW:
- 2024 BMW X5 M60i xDrive w/ Premium Essential Package
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 2,721 |
---|---|
This Contract (CAD/month) | 1,837 |
Monthly Difference | 884 CAD/month |
Remaining Term | x 15 months |
Total Monthly Difference | = 13,260 CAD |
+ Cash Incentive** (CAD) | + 4,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 18,060 ~ 18,460 |
** "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:
69,003 CAD
- Total Vehicle Debt: 133,624 CAD
- Paid so Far: 60,621 CAD (45% Paid)
- Remaining Lease Payments: 27,555 CAD
- Residual Value: 45,448 CAD
- Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 60,621 CAD Total Vehicle Value: 133,624 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 27,555 CAD
Term Paid so Far: 60,621 CAD Residual Value: 45,448 CAD
Cost to Own
Already Paid: 60,621 CAD (45%)
Cash Incentive: 4,000 CAD Buyout Price Today: 69,003 CAD
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: 69,003 CAD
- 4.9%Interest Rate x 48 months
- 1,586 CAD/month + tax
- Total Payable: 76,126 CAD
- Total Interest: 7,123 CAD
- 8.9%Interest Rate x 48 months
- 1,714 CAD/month + tax
- Total Payable: 82,266 CAD
- Total Interest: 13,263 CAD
- 14.9%Interest Rate x 48 months
- 1,917 CAD/month + tax
- Total Payable: 92,012 CAD
- Total Interest: 23,009 CAD
At the end of the Lease Contract
Residual Value: 45,448 CAD (in 15 months)
- 4.9%Interest Rate x 48 months
- 1,045 CAD/month + tax
- Total Payable: 50,140 CAD
- Total Interest: 4,692 CAD
- 8.9%Interest Rate x 48 months
- 1,129 CAD/month + tax
- Total Payable: 54,183 CAD
- Total Interest: 8,735 CAD
- 14.9%Interest Rate x 48 months
- 1,263 CAD/month + tax
- Total Payable: 60,602 CAD
- Total Interest: 15,154 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)
52.34
- + tax
- + fuel
- + insurance
- 61.23CAD/100km (TODAY without the Cash Incentive)
- 110.22CAD/100km (Original Contract back in Feb, 2022)
Time Analysis
Cost per day: (CAD)
51.63
- + tax
- + insurance
- + km driven & fuel
- 60.39CAD/day (Original Contract back in Feb, 2022)
Remaining Km
Can be driven up to:
692.31
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Feb, 2022)
Seller Contact Info
- Name: Pooya Faez
- Location: Toronto, ON
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
The car is in immaculate condition. Barely driven in winter.
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