Payment Analysis
927.00CAD/monthin Saskatoon, SK
- 927.00 CAD/month
- 427.85 CAD/bi-weekly
- 213.92 CAD/week
- 11,124.00 CAD/year
Before Taxes:
Incl. Saskatchewan Taxes (11%):
- 1,028.97 CAD/month
- 474.91 CAD/bi-weekly
- 237.45 CAD/week
- 12,347.64 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:
7,420 ~ 8,320 CAD
compared to leasing a BRAND NEW:
- Chevrolet SILVERADO 1500 4WD Crew Cab, Short Bed LTZ 5.3L EcoTec3 V8 engine with DFM w/ Z71 OFF-ROAD AND PROTECTION PACKAGE ($1,940) + Z71 OFF-ROAD PACKAGE + MAX TRAILERING PACKAGE ($945) + LTZ PREMIUM PACKAGE ($4,150) + DARK ESSENTIALS PACKAGE ($635) + 5 years Extended Warranty
- for 60 months
- in Saskatchewan
- $0 down payment
- 27,000 km/year
| Leasing New (CAD/month) | 1,258 |
|---|---|
| This Contract (CAD/month) | 927 |
| Monthly Difference | 331 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 6,620 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,420 ~ 8,320 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
18,541 CAD
- Total Vehicle Debt: 76,942 CAD
- Paid so Far: 58,401 CAD (75% Paid)
- Remaining Lease Payments: 18,540 CAD
- Residual Value: 1 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 58,401 CAD Total Vehicle Value: 76,942 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,540 CAD
Term Paid so Far: 58,401 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 58,401 CAD (75%)
Cash Incentive: 0 CAD Buyout Price Today: 18,541 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: 18,541 CAD
- 4.9%Interest Rate x 48 months
- 426 CAD/month + tax
- Total Payable: 20,455 CAD
- Total Interest: 1,914 CAD
- 8.9%Interest Rate x 48 months
- 461 CAD/month + tax
- Total Payable: 22,105 CAD
- Total Interest: 3,564 CAD
- 14.9%Interest Rate x 48 months
- 515 CAD/month + tax
- Total Payable: 24,723 CAD
- Total Interest: 6,182 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 8.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 14.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 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)
11.56
- + tax
- + fuel
- + insurance
- 42.78CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
30.48
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,850.00
- km/week
- without any
- additional costs
- 500.00km/week (Contract Original back in Aug, 2019)
