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+ 2,000 cash
Chevrolet Lease Takeover in Saskatoon: 2019 Chevrolet Equinox LT Automatic AWD ID:#28062
SAVE ~900 CAD
CAD/month x 35 months
2019 Chevrolet Equinox LT (ID: #28062)
519
Saskatoon, SK
2019 Chevrolet

Equinox LT Automatic AWD RedLine Edition

Payment Details
  • Current Payment: 519 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 462 CAD/month + tax
  • Original Downpayment: 1,917 CAD
  • Residual Value: 14,073 CAD
  • Months to End: 35 months (Apr, 2024)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 29,335 km total
  • Available Now: 31,085 km/year (2,590 per month)
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • Large Down Payment
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

519.48CAD/monthin Saskatoon, SK
    Before Taxes:
  • 519.48 CAD/month
  • 239.76 CAD/bi-weekly
  • 119.88 CAD/week
  • 6,233.76 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 576.62 CAD/month
  • 266.13 CAD/bi-weekly
  • 133.07 CAD/week
  • 6,919.47 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: 915 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze LT
  • for 36 months
  • in SK
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 488
This Contract (CAD/month) 519
Monthly Difference -31 CAD/month
Remaining Term x 35 months
Total Monthly Difference = -1,085 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 915
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,254 CAD
  • Total Vehicle Debt: 47,158 CAD
  • Paid so Far: 14,904 CAD (31% Paid)
  • Remaining Lease Payments: 18,182 CAD
  • Residual Value: 14,073 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 14,904 CAD Total Vehicle Value: 47,158 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 1,917 CAD Remaining Term: 18,182 CAD
Term Paid so Far: 12,987 CAD Residual Value: 14,073 CAD
3%
28%
38%
31%
Cost to Own
Already Paid: 14,904 CAD (31%)
Cash Incentive: 2,000 CAD Buyout Price Today: 30,254 CAD
31% Paid
4%
65%
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: 30,254 CAD

  • 4.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,378 CAD
  • Total Interest: 3,123 CAD
  • 8.9%Interest Rate x 48 months
  • 751 CAD/month + tax
  • Total Payable: 36,069 CAD
  • Total Interest: 5,815 CAD
  • 14.9%Interest Rate x 48 months
  • 840 CAD/month + tax
  • Total Payable: 40,343 CAD
  • Total Interest: 10,088 CAD

At the end of the Lease Contract

Residual Value: 14,073 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,525 CAD
  • Total Interest: 1,453 CAD
  • 8.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,777 CAD
  • Total Interest: 2,705 CAD
  • 14.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,765 CAD
  • Total Interest: 4,692 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)
17.85
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 20.05CAD/100km (TODAY without the Cash Incentive)
  • 25.97CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
15.20
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 17.08CAD/day (Original Contract back in Apr, 2019)
Remaining Km
Can be driven up to:
597.79
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 461.54km/week (Contract Original back in Apr, 2019)

Seller Contact Info

  • Location: Saskatoon, SK
  • Date Contract Started:
  • Date Contract Ends:

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Bi-weekly payment 266.13 (including tax). 2000.00 incentive is to offset refunded extended warranty (which was built into lease payment).

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See all Details