Payment Analysis

605.00CAD/monthin Calgary, AB
    Before Taxes:
  • 605.00 CAD/month
  • 279.23 CAD/bi-weekly
  • 139.62 CAD/week
  • 7,260.00 CAD/year
Incl. Alberta Taxes (5%):
  • 635.25 CAD/month
  • 293.19 CAD/bi-weekly
  • 146.60 CAD/week
  • 7,623.00 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: 5,098 ~ 5,498 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Bolt Premier
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 912
This Contract (CAD/month) 605
Monthly Difference 307 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 4,298 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,098 ~ 5,498

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,638 CAD
  • Total Vehicle Debt: 49,208 CAD
  • Paid so Far: 20,570 CAD (41% Paid)
  • Remaining Lease Payments: 8,470 CAD
  • Residual Value: 20,168 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,570 CAD Total Vehicle Value: 49,208 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,470 CAD
Term Paid so Far: 20,570 CAD Residual Value: 20,168 CAD
0%
41%
17%
42%
Cost to Own
Already Paid: 20,570 CAD (41%)
Cash Incentive: 0 CAD Buyout Price Today: 28,638 CAD
41% Paid
0%
59%
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: 28,638 CAD

  • 4.9%Interest Rate x 48 months
  • 658 CAD/month + tax
  • Total Payable: 31,594 CAD
  • Total Interest: 2,956 CAD
  • 8.9%Interest Rate x 48 months
  • 711 CAD/month + tax
  • Total Payable: 34,142 CAD
  • Total Interest: 5,504 CAD
  • 14.9%Interest Rate x 48 months
  • 796 CAD/month + tax
  • Total Payable: 38,187 CAD
  • Total Interest: 9,549 CAD

At the end of the Lease Contract

Residual Value: 20,168 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,250 CAD
  • Total Interest: 2,082 CAD
  • 8.9%Interest Rate x 48 months
  • 501 CAD/month + tax
  • Total Payable: 24,044 CAD
  • Total Interest: 3,876 CAD
  • 14.9%Interest Rate x 48 months
  • 560 CAD/month + tax
  • Total Payable: 26,892 CAD
  • Total Interest: 6,725 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)
13.44
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 30.25CAD/100km (Original Contract back in Jun, 2022)
Time Analysis
Cost per day: (CAD)
19.89
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,038.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Jun, 2022)

Seller Contact Info

This Contract was Already Transferred.

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