Name: GMC Lease Takeover in Victoria, BC: 2015 GMC Terrain SLT1 Automatic AWD ID:#4245
Brand: GMC
SKU: 4245
Price: 500 CAD
Availability: InStock
Rating: 4.9 (1 reviews)

Listing ID: #4245

2015 GMC Terrain SLT1 for takeover/sale

Victoria, BC ~C$47,000 in SAVINGS

500

+taxX 76 months

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Vehicle Photos

Transfer Details

SAVE ~47,000 CAD

CAD/month x 76 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: 76 months (Jan, 2020)

Vehicle Status

Contract Allowance: 20,000 km/year
Current Odometer: 71,230 km total
Available Now: 1,385 km/year (115 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: 47,044 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 76 months
Total Monthly Difference	= 47,044 CAD
Total Savings (CAD)	= 47,044

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 50,030 CAD

Total Vehicle Debt: 46,019 CAD
Paid so Far: -4,011 CAD (-9% Paid)
Remaining Lease Payments: 38,030 CAD
Residual Value: 12,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -4,011 CAD Total Vehicle Value: 46,019 CAD

-9% Paid

109%

Vehicle Debt Breakdown

Downpayment: 10,000 CAD Remaining Term: 38,030 CAD

Term Paid so Far: -14,011 CAD Residual Value: 12,000 CAD

22%

-31%

82%

27%

Cost to Own

Already Paid: -4,011 CAD (-9%)

Cash Incentive: 0 CAD Buyout Price Today: 50,030 CAD

-9% Paid

109%

Additional Financing Details

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: 50,030 CAD

4.9%Interest Rate x 48 months
1,150 CAD/month + tax
Total Payable: 55,194 CAD
Total Interest: 5,165 CAD

8.9%Interest Rate x 48 months
1,243 CAD/month + tax
Total Payable: 59,646 CAD
Total Interest: 9,616 CAD

14.9%Interest Rate x 48 months
1,390 CAD/month + tax
Total Payable: 66,712 CAD
Total Interest: 16,682 CAD

At the end of the Lease Contract

Residual Value: 12,000 CAD (in 76 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)