Payment Analysis

466.18CAD/monthin Woodstock, NB
    Before Taxes:
  • 466.18 CAD/month
  • 215.16 CAD/bi-weekly
  • 107.58 CAD/week
  • 5,594.16 CAD/year
Incl. New Brunswick Taxes (15%):
  • 536.11 CAD/month
  • 247.43 CAD/bi-weekly
  • 123.72 CAD/week
  • 6,433.28 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: 1,080 ~ 1,980 CAD

compared to leasing a BRAND NEW:

  • 2023 Buick ENCORE GX AWD PREFERRED
  • for 36 months
  • in New Brunswick
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 536
This Contract (CAD/month) 466
Monthly Difference 70 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 280 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,080 ~ 1,980

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,748 CAD
  • Total Vehicle Debt: 36,793 CAD
  • Paid so Far: 20,046 CAD (54% Paid)
  • Remaining Lease Payments: 1,865 CAD
  • Residual Value: 14,883 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,046 CAD Total Vehicle Value: 36,793 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,865 CAD
Term Paid so Far: 20,046 CAD Residual Value: 14,883 CAD
0%
54%
5%
41%
Cost to Own
Already Paid: 20,046 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 16,748 CAD
54% Paid
0%
46%
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: 16,748 CAD

  • 4.9%Interest Rate x 48 months
  • 385 CAD/month + tax
  • Total Payable: 18,477 CAD
  • Total Interest: 1,729 CAD
  • 8.9%Interest Rate x 48 months
  • 416 CAD/month + tax
  • Total Payable: 19,967 CAD
  • Total Interest: 3,219 CAD
  • 14.9%Interest Rate x 48 months
  • 465 CAD/month + tax
  • Total Payable: 22,332 CAD
  • Total Interest: 5,584 CAD

At the end of the Lease Contract

Residual Value: 14,883 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,419 CAD
  • Total Interest: 1,536 CAD
  • 8.9%Interest Rate x 48 months
  • 370 CAD/month + tax
  • Total Payable: 17,744 CAD
  • Total Interest: 2,861 CAD
  • 14.9%Interest Rate x 48 months
  • 413 CAD/month + tax
  • Total Payable: 19,846 CAD
  • Total Interest: 4,963 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)
2.16
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 23.31CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
15.33
  • + tax
  • + insurance
  • + km driven & fuel
(0.82CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,975.96
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 461.54km/week (Contract Original back in Sep, 2021)

Seller Contact Info

This Contract was Already Transferred.

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