This Vehicle is Sold


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Vehicle Photos

Transfer Details

GMC Lease Takeover in Brampton : 2021 GMC Terrain SLE Automatic AWD
SAVE ~1,700 CAD
CAD/month x 3 months
2021 GMC Terrain SLE (ID: #29511)
278
Greater Toronto Area, ON
2021 GMC

Terrain SLE Automatic AWD Elevated Blackout edition

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 278 CAD/month + tax
  • Original Downpayment: 3,548 CAD
  • Residual Value: 19,771 CAD
  • Months to End: 3 months (Mar, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 6,050 km total
  • Available Now: 351,800 km/year (29,317 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • Large Down Payment
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

278.00CAD/monthin Greater Toronto Area, ON
    Before Taxes:
  • 278.00 CAD/month
  • 128.31 CAD/bi-weekly
  • 64.15 CAD/week
  • 3,336.00 CAD/year
Incl. Ontario Taxes (13%):
  • 314.14 CAD/month
  • 144.99 CAD/bi-weekly
  • 72.49 CAD/week
  • 3,769.68 CAD/year

Estimate Insurance Costs

 

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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: 1,265 ~ 2,165 CAD

compared to leasing a BRAND NEW:

  • GMC TERRAIN AWD SLE
  • for 48 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 433
This Contract (CAD/month) 278
Monthly Difference 155 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 465 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,265 ~ 2,165

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,605 CAD
  • Total Vehicle Debt: 36,385 CAD
  • Paid so Far: 15,780 CAD (43% Paid)
  • Remaining Lease Payments: 834 CAD
  • Residual Value: 19,771 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,780 CAD Total Vehicle Value: 36,385 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 3,548 CAD Remaining Term: 834 CAD
Term Paid so Far: 12,232 CAD Residual Value: 19,771 CAD
9%
34%
2%
55%
Cost to Own
Already Paid: 15,780 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 20,605 CAD
43% Paid
0%
57%
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: 20,605 CAD

  • 4.9%Interest Rate x 48 months
  • 474 CAD/month + tax
  • Total Payable: 22,732 CAD
  • Total Interest: 2,127 CAD
  • 8.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,565 CAD
  • Total Interest: 3,960 CAD
  • 14.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,476 CAD
  • Total Interest: 6,871 CAD

At the end of the Lease Contract

Residual Value: 19,771 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 454 CAD/month + tax
  • Total Payable: 21,812 CAD
  • Total Interest: 2,041 CAD
  • 8.9%Interest Rate x 48 months
  • 491 CAD/month + tax
  • Total Payable: 23,571 CAD
  • Total Interest: 3,800 CAD
  • 14.9%Interest Rate x 48 months
  • 549 CAD/month + tax
  • Total Payable: 26,364 CAD
  • Total Interest: 6,593 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)
0.95
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 13.90CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
9.14
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
6,765.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 461.54km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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