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: 1,430 ~ 2,330 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 9 months
Total Monthly Difference = 630 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,430 ~ 2,330

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,079 CAD
  • Total Vehicle Debt: 36,793 CAD
  • Paid so Far: 17,715 CAD (48% Paid)
  • Remaining Lease Payments: 4,196 CAD
  • Residual Value: 14,883 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,715 CAD Total Vehicle Value: 36,793 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,196 CAD
Term Paid so Far: 17,715 CAD Residual Value: 14,883 CAD
0%
48%
11%
41%
Cost to Own
Already Paid: 17,715 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 19,079 CAD
48% Paid
0%
52%
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: 19,079 CAD

  • 4.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,048 CAD
  • Total Interest: 1,970 CAD
  • 8.9%Interest Rate x 48 months
  • 474 CAD/month + tax
  • Total Payable: 22,746 CAD
  • Total Interest: 3,667 CAD
  • 14.9%Interest Rate x 48 months
  • 530 CAD/month + tax
  • Total Payable: 25,440 CAD
  • Total Interest: 6,362 CAD

At the end of the Lease Contract

Residual Value: 14,883 CAD (in 9 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)
4.86
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 23.31CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
15.33
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,211.54
  • 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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Payment Details
  • Current Payment: 226 CAD/month + tax
  • Residual Value: 13,503 CAD
  • Months to End: 31 months (Jul, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 23,871 km/year (1,989 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details