Payment Analysis

628.00CAD/monthin Calgary, AB
    Before Taxes:
  • 628.00 CAD/month
  • 289.85 CAD/bi-weekly
  • 144.92 CAD/week
  • 7,536.00 CAD/year
Incl. Alberta Taxes (5%):
  • 659.40 CAD/month
  • 304.34 CAD/bi-weekly
  • 152.17 CAD/week
  • 7,912.80 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: 7,490 CAD

compared to leasing a BRAND NEW:

  • GMC SIERRA 1500 ELEVATION 4WD CREW CAB
  • for 24 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 842
This Contract (CAD/month) 628
Monthly Difference 214 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 7,490 CAD
Total Savings (CAD) = 7,490

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 67,919 CAD
  • Total Vehicle Debt: 60,883 CAD
  • Paid so Far: -7,036 CAD (-12% Paid)
  • Remaining Lease Payments: 21,980 CAD
  • Residual Value: 45,939 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -7,036 CAD Total Vehicle Value: 60,883 CAD
-12% Paid
112%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 21,980 CAD
Term Paid so Far: -7,536 CAD Residual Value: 45,939 CAD
0%
-12%
36%
76%
Cost to Own
Already Paid: -7,036 CAD (-12%)
Cash Incentive: 0 CAD Buyout Price Today: 67,919 CAD
-12% Paid
0%
112%
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: 67,919 CAD

  • 4.9%Interest Rate x 48 months
  • 1,561 CAD/month + tax
  • Total Payable: 74,930 CAD
  • Total Interest: 7,011 CAD
  • 8.9%Interest Rate x 48 months
  • 1,687 CAD/month + tax
  • Total Payable: 80,973 CAD
  • Total Interest: 13,054 CAD
  • 14.9%Interest Rate x 48 months
  • 1,887 CAD/month + tax
  • Total Payable: 90,566 CAD
  • Total Interest: 22,647 CAD

At the end of the Lease Contract

Residual Value: 45,939 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,681 CAD
  • Total Interest: 4,742 CAD
  • 8.9%Interest Rate x 48 months
  • 1,141 CAD/month + tax
  • Total Payable: 54,769 CAD
  • Total Interest: 8,830 CAD
  • 14.9%Interest Rate x 48 months
  • 1,276 CAD/month + tax
  • Total Payable: 61,257 CAD
  • Total Interest: 15,318 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)
81.31
  • + tax
  • + fuel
  • + insurance
(or 0.81CAD per km)
Time Analysis
Cost per day: (CAD)
20.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
178.24
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Seller Contact Info

This Contract was Already Transferred.

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