This Vehicle is Sold


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Transfer Details

Chevrolet Lease Takeover in Charlottetown: 2019 Chevrolet Colorado 4WD Crew Cab Z71 Automatic AWD
SAVE ~1,300 CAD
CAD/month x 2 months
2019 Chevrolet Colorado 4WD Crew Cab Z71 (ID: #29505)
611
Charlottetown, PE
2019 Chevrolet

Colorado 4WD Crew Cab Z71 Automatic AWD w/ Wear & Tear Coverage

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 611 CAD/month + tax
  • Residual Value: 17,025 CAD
  • Months to End: 2 months (Jun, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 35,000 km total
  • Available Now: 380,000 km/year (31,667 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

611.00CAD/monthin Charlottetown, PE
    Before Taxes:
  • 611.00 CAD/month
  • 282.00 CAD/bi-weekly
  • 141.00 CAD/week
  • 7,332.00 CAD/year
Incl. PEI Taxes (15%):
  • 702.65 CAD/month
  • 324.30 CAD/bi-weekly
  • 162.15 CAD/week
  • 8,431.80 CAD/year

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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: 838 ~ 1,738 CAD

compared to leasing a BRAND NEW:

  • CHEVROLET COLORADO 4WD CREW CAB, SHORT BOX Z71
  • for 24 months
  • in PE
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 630
This Contract (CAD/month) 611
Monthly Difference 19 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 38 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 838 ~ 1,738

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,247 CAD
  • Total Vehicle Debt: 53,074 CAD
  • Paid so Far: 34,827 CAD (65% Paid)
  • Remaining Lease Payments: 1,222 CAD
  • Residual Value: 17,025 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 34,827 CAD Total Vehicle Value: 53,074 CAD
65% Paid
35%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,222 CAD
Term Paid so Far: 34,827 CAD Residual Value: 17,025 CAD
0%
65%
2%
33%
Cost to Own
Already Paid: 34,827 CAD (65%)
Cash Incentive: 0 CAD Buyout Price Today: 18,247 CAD
65% Paid
0%
35%
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: 18,247 CAD

  • 4.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,131 CAD
  • Total Interest: 1,884 CAD
  • 8.9%Interest Rate x 48 months
  • 453 CAD/month + tax
  • Total Payable: 21,754 CAD
  • Total Interest: 3,507 CAD
  • 14.9%Interest Rate x 48 months
  • 507 CAD/month + tax
  • Total Payable: 24,331 CAD
  • Total Interest: 6,084 CAD

At the end of the Lease Contract

Residual Value: 17,025 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,783 CAD
  • Total Interest: 1,758 CAD
  • 8.9%Interest Rate x 48 months
  • 423 CAD/month + tax
  • Total Payable: 20,297 CAD
  • Total Interest: 3,272 CAD
  • 14.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,702 CAD
  • Total Interest: 5,677 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)
1.93
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 36.66CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
20.09
  • + tax
  • + insurance
  • + km driven & fuel
(1.64CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
7,307.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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  • Months to End: 37 months (May, 2027)
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  • Current Odometer: 107,409 km total
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  • Months to End: 37 months (May, 2027)
Vehicle Status
  • Contract Allowance: 8,000 km/year
  • Current Odometer: 107,409 km total
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