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Transfer Details

Lease Takeover in Victoria, BC: 2015 GMC Terrain SLT1 Automatic AWD
SAVE ~21,000 CAD
CAD/month x 34 months
2015 GMC Terrain SLT1 (ID: #4245)
500
Victoria, BC
2015 GMC

Terrain SLT1 Automatic AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 500 CAD/month + tax
  • Original Downpayment: 10,000 CAD
  • Residual Value: 12,000 CAD
  • Months to End: 34 months (Jan, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 71,230 km total
  • Available Now: 3,095 km/year (258 per month)
Deal Special Perks
  • Large Down Payment
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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Payment Analysis

500.39CAD/monthin Victoria, BC
    Before Taxes:
  • 500.39 CAD/month
  • 230.95 CAD/bi-weekly
  • 115.47 CAD/week
  • 6,004.68 CAD/year
Incl. B.C. Taxes (12%):
  • 560.44 CAD/month
  • 258.66 CAD/bi-weekly
  • 129.33 CAD/week
  • 6,725.24 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: 21,046 CAD

compared to leasing a BRAND NEW:

  • GMC EDGE SEL AWD
  • for 12 months
  • in AL
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,119
This Contract (CAD/month) 500
Monthly Difference 619 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 21,046 CAD
Total Savings (CAD) = 21,046

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,013 CAD
  • Total Vehicle Debt: 46,019 CAD
  • Paid so Far: 17,005 CAD (36% Paid)
  • Remaining Lease Payments: 17,013 CAD
  • Residual Value: 12,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,005 CAD Total Vehicle Value: 46,019 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 17,013 CAD
Term Paid so Far: 7,005 CAD Residual Value: 12,000 CAD
21%
15%
37%
27%
Cost to Own
Already Paid: 17,005 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 29,013 CAD
36% Paid
0%
64%
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: 29,013 CAD

  • 4.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,008 CAD
  • Total Interest: 2,995 CAD
  • 8.9%Interest Rate x 48 months
  • 721 CAD/month + tax
  • Total Payable: 34,590 CAD
  • Total Interest: 5,576 CAD
  • 14.9%Interest Rate x 48 months
  • 806 CAD/month + tax
  • Total Payable: 38,688 CAD
  • Total Interest: 9,674 CAD

At the end of the Lease Contract

Residual Value: 12,000 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 276 CAD/month + tax
  • Total Payable: 13,239 CAD
  • Total Interest: 1,239 CAD
  • 8.9%Interest Rate x 48 months
  • 298 CAD/month + tax
  • Total Payable: 14,306 CAD
  • Total Interest: 2,306 CAD
  • 14.9%Interest Rate x 48 months
  • 333 CAD/month + tax
  • Total Payable: 16,001 CAD
  • Total Interest: 4,001 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)
193.99
  • + tax
  • + fuel
  • + insurance
(or 1.94CAD per km)
Time Analysis
Cost per day: (CAD)
16.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
59.52
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

  • Name: Shawna Lyon
  • Location: Victoria, BC
  • Date Contract Started:
  • Date Contract Ends:
For more details about this contract, please contact the seller.