This Vehicle is Sold


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Vehicle Photos

Transfer Details

GMC Lease Takeover in Kingston: 2020 GMC Canyon Automatic AWD ID:#26032
SAVE ~3,900 CAD
CAD/month x 10 months
2020 GMC Canyon Denali (ID: #26032)
415
Kingston, ON
2020 GMC

Canyon Denali Automatic AWD w/ Warranty Complete Term

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 415 CAD/month + tax
  • Residual Value: 35,000 CAD
  • Months to End: 10 months (Jun, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10,500 km total
  • Available Now: 57,400 km/year (4,783 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Hot Lease Takeover Deal
  • 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

415.00CAD/monthin Kingston, ON
    Before Taxes:
  • 415.00 CAD/month
  • 191.54 CAD/bi-weekly
  • 95.77 CAD/week
  • 4,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 468.95 CAD/month
  • 216.44 CAD/bi-weekly
  • 108.22 CAD/week
  • 5,627.40 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: 3,450 ~ 4,350 CAD

compared to leasing a BRAND NEW:

  • CANYON DENALI 4WD CREW CAB, SHORT BOX DENALI
  • for 24 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 680
This Contract (CAD/month) 415
Monthly Difference 265 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 2,650 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,450 ~ 4,350

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,150 CAD
  • Total Vehicle Debt: 49,525 CAD
  • Paid so Far: 10,375 CAD (20% Paid)
  • Remaining Lease Payments: 4,150 CAD
  • Residual Value: 35,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,375 CAD Total Vehicle Value: 49,525 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,150 CAD
Term Paid so Far: 10,375 CAD Residual Value: 35,000 CAD
0%
20%
8%
72%
Cost to Own
Already Paid: 10,375 CAD (20%)
Cash Incentive: 0 CAD Buyout Price Today: 39,150 CAD
20% Paid
0%
80%
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: 39,150 CAD

  • 4.9%Interest Rate x 48 months
  • 900 CAD/month + tax
  • Total Payable: 43,192 CAD
  • Total Interest: 4,042 CAD
  • 8.9%Interest Rate x 48 months
  • 972 CAD/month + tax
  • Total Payable: 46,675 CAD
  • Total Interest: 7,525 CAD
  • 14.9%Interest Rate x 48 months
  • 1,088 CAD/month + tax
  • Total Payable: 52,204 CAD
  • Total Interest: 13,054 CAD

At the end of the Lease Contract

Residual Value: 35,000 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 804 CAD/month + tax
  • Total Payable: 38,613 CAD
  • Total Interest: 3,613 CAD
  • 8.9%Interest Rate x 48 months
  • 869 CAD/month + tax
  • Total Payable: 41,727 CAD
  • Total Interest: 6,727 CAD
  • 14.9%Interest Rate x 48 months
  • 972 CAD/month + tax
  • Total Payable: 46,671 CAD
  • Total Interest: 11,671 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)
8.68
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 24.90CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
13.64
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,103.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2020)

Seller Contact Info

This Contract was Already Transferred.

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