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Lease Transfer GMC Lease Takeover in Calgary: 2021 GMC Sierra 1500 Elevation Automatic AWD
SAVE ~4,300 CAD
CAD/month x 40 months
2021 GMC Sierra 1500 Elevation (ID: #35631)
819
Calgary, AB
2021 GMC

Sierra 1500 Elevation Automatic AWD

Payment Details
  • Current Payment: 819 CAD/month + tax
  • Original Downpayment: 3,586 CAD
  • Residual Value: 28,000 CAD
  • Months to End: 40 months (May, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 7,836 km total
  • Available Now: 21,149 km/year (1,762 per month)
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Large Down Payment
  • High End Vehicle & Options
  • 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

819.14CAD/monthin Calgary, AB
    Before Taxes:
  • 819.14 CAD/month
  • 378.06 CAD/bi-weekly
  • 189.03 CAD/week
  • 9,829.68 CAD/year
Incl. Alberta Taxes (5%):
  • 860.10 CAD/month
  • 396.97 CAD/bi-weekly
  • 198.48 CAD/week
  • 10,321.16 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: 4,280 CAD

compared to leasing a BRAND NEW:

  • GMC SIERRA 1500 LTD 4WD Crew Cab, Short Bed Elevation
  • for 42 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 926
This Contract (CAD/month) 819
Monthly Difference 107 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 4,280 CAD
Total Savings (CAD) = 4,280

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 60,766 CAD
  • Total Vehicle Debt: 70,086 CAD
  • Paid so Far: 9,320 CAD (13% Paid)
  • Remaining Lease Payments: 32,766 CAD
  • Residual Value: 28,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,320 CAD Total Vehicle Value: 70,086 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 3,586 CAD Remaining Term: 32,766 CAD
Term Paid so Far: 5,734 CAD Residual Value: 28,000 CAD
5%
8%
46%
41%
Cost to Own
Already Paid: 9,320 CAD (13%)
Cash Incentive: 0 CAD Buyout Price Today: 60,766 CAD
13% Paid
0%
87%
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: 60,766 CAD

  • 4.9%Interest Rate x 48 months
  • 1,397 CAD/month + tax
  • Total Payable: 67,039 CAD
  • Total Interest: 6,273 CAD
  • 8.9%Interest Rate x 48 months
  • 1,509 CAD/month + tax
  • Total Payable: 72,445 CAD
  • Total Interest: 11,679 CAD
  • 14.9%Interest Rate x 48 months
  • 1,688 CAD/month + tax
  • Total Payable: 81,028 CAD
  • Total Interest: 20,262 CAD

At the end of the Lease Contract

Residual Value: 28,000 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,891 CAD
  • Total Interest: 2,891 CAD
  • 8.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,382 CAD
  • Total Interest: 5,382 CAD
  • 14.9%Interest Rate x 48 months
  • 778 CAD/month + tax
  • Total Payable: 37,336 CAD
  • Total Interest: 9,336 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)
46.48
  • + tax
  • + fuel
  • + insurance
(or 0.46CAD per km)
  • 49.15CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
26.93
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
406.72
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jun, 2021)

Seller Contact Info

  • Location: Calgary, AB
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to MAKE AN OFFER

For more details about this contract, please contact the seller.

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