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: 4,791 ~ 5,191 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 13 months
Total Monthly Difference = 3,991 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,791 ~ 5,191

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,033 CAD
  • Total Vehicle Debt: 49,208 CAD
  • Paid so Far: 21,175 CAD (43% Paid)
  • Remaining Lease Payments: 7,865 CAD
  • Residual Value: 20,168 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,175 CAD Total Vehicle Value: 49,208 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,865 CAD
Term Paid so Far: 21,175 CAD Residual Value: 20,168 CAD
0%
43%
15%
42%
Cost to Own
Already Paid: 21,175 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 28,033 CAD
43% Paid
0%
57%
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: 28,033 CAD

  • 4.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,927 CAD
  • Total Interest: 2,894 CAD
  • 8.9%Interest Rate x 48 months
  • 696 CAD/month + tax
  • Total Payable: 33,421 CAD
  • Total Interest: 5,388 CAD
  • 14.9%Interest Rate x 48 months
  • 779 CAD/month + tax
  • Total Payable: 37,380 CAD
  • Total Interest: 9,347 CAD

At the end of the Lease Contract

Residual Value: 20,168 CAD (in 13 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)
12.48
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 30.25CAD/100km (Original Contract back in Jun, 2022)
Time Analysis
Cost per day: (CAD)
19.89
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,118.34
  • 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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