This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 490 cash
Chevrolet Lease Takeover in Whitby, ON: 2019 Chevrolet LT Automatic AWD ID:#31915
SAVE ~1,600 CAD
CAD/month x 14 months
2019 Chevrolet Equinox LT (ID: #31915)
484
Whitby, ON
2019 Chevrolet

Equinox LT Automatic AWD True north edition, CONFIDENCE AND CONVENIENCE w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 484 CAD/month + tax
  • Cash Incentive: 490 CAD
  • Payment After Incentive: 449 CAD/month + tax
  • Residual Value: 15,646 CAD
  • Months to End: 14 months (Aug, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 57,710 km total
  • Available Now: 34,820 km/year (2,902 per month)
  • Excess Km Cost: 0.16 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • All Main Coverages
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

484.00CAD/monthin Whitby, ON
    Before Taxes:
  • 484.00 CAD/month
  • 223.38 CAD/bi-weekly
  • 111.69 CAD/week
  • 5,808.00 CAD/year
Incl. Ontario Taxes (13%):
  • 546.92 CAD/month
  • 252.42 CAD/bi-weekly
  • 126.21 CAD/week
  • 6,563.04 CAD/year

Estimate Insurance Costs

 

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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: 1,164 ~ 2,064 CAD

compared to leasing a BRAND NEW:

  • Chevrolet EQUINOX AWD LT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 475
This Contract (CAD/month) 484
Monthly Difference -9 CAD/month
Remaining Term x 14 months
Total Monthly Difference = -126 CAD
+ Cash Incentive** (CAD) + 490
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,164 ~ 2,064
** "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: 21,932 CAD
  • Total Vehicle Debt: 44,202 CAD
  • Paid so Far: 21,780 CAD (49% Paid)
  • Remaining Lease Payments: 6,776 CAD
  • Residual Value: 15,646 CAD
  • Cash Incentive: 490 CAD
Vehicle Debt & Value
Paid so far: 21,780 CAD Total Vehicle Value: 44,202 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,776 CAD
Term Paid so Far: 21,780 CAD Residual Value: 15,646 CAD
0%
49%
15%
36%
Cost to Own
Already Paid: 21,780 CAD (49%)
Cash Incentive: 490 CAD Buyout Price Today: 21,932 CAD
49% Paid
1%
50%
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: 21,932 CAD

  • 4.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,196 CAD
  • Total Interest: 2,264 CAD
  • 8.9%Interest Rate x 48 months
  • 545 CAD/month + tax
  • Total Payable: 26,147 CAD
  • Total Interest: 4,215 CAD
  • 14.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,245 CAD
  • Total Interest: 7,313 CAD

At the end of the Lease Contract

Residual Value: 15,646 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 360 CAD/month + tax
  • Total Payable: 17,261 CAD
  • Total Interest: 1,615 CAD
  • 8.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,653 CAD
  • Total Interest: 3,007 CAD
  • 14.9%Interest Rate x 48 months
  • 435 CAD/month + tax
  • Total Payable: 20,863 CAD
  • Total Interest: 5,217 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)
15.47
  • + tax
  • + fuel
  • + insurance
(inlcuding the 490CAD incentive)
  • 16.68CAD/100km (TODAY without the Cash Incentive)
  • 29.04CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
14.76
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 490CAD incentive)
  • 15.91CAD/day (Original Contract back in Aug, 2019)
Remaining Km
Can be driven up to:
669.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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