This Vehicle is Sold


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Vehicle Photos

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Transfer Details

+ 500 cash
Lease Takeover in Whitby, ON: 2016 Chevrolet Trax LT Automatic 2WD
SAVE ~12,600 CAD
CAD/month x 49 months
2016 Chevrolet Trax LT (ID: #3644)
319
Whitby, ON
2016 Chevrolet

Trax LT Automatic 2WD + Warranty Complete Term, Remote Start, Power Windows, Roof Rails

  • Warranty Complete Term
Payment Details
  • Current Payment: 319 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 309 CAD/month + tax
  • Residual Value: 10,800 CAD
  • Months to End: 49 months (Feb, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 46,700 km total
  • Available Now: 7,747 km/year (646 per month)
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • 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

319.00CAD/monthin Whitby, ON
    Before Taxes:
  • 319.00 CAD/month
  • 147.23 CAD/bi-weekly
  • 73.62 CAD/week
  • 3,828.00 CAD/year
Incl. Ontario Taxes (13%):
  • 360.47 CAD/month
  • 166.37 CAD/bi-weekly
  • 83.19 CAD/week
  • 4,325.64 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: 12,603 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Trax LT
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 566
This Contract (CAD/month) 319
Monthly Difference 247 CAD/month
Remaining Term x 49 months
Total Monthly Difference = 12,103 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 12,603
** "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: 25,931 CAD
  • Total Vehicle Debt: 25,793 CAD
  • Paid so Far: -638 CAD (-3% Paid)
  • Remaining Lease Payments: 15,631 CAD
  • Residual Value: 10,800 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -638 CAD Total Vehicle Value: 25,793 CAD
-3% Paid
103%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,631 CAD
Term Paid so Far: -638 CAD Residual Value: 10,800 CAD
0%
-3%
60%
43%
Cost to Own
Already Paid: -638 CAD (-3%)
Cash Incentive: 500 CAD Buyout Price Today: 25,931 CAD
-3% Paid
1%
102%
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: 25,931 CAD

  • 4.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,608 CAD
  • Total Interest: 2,677 CAD
  • 8.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,915 CAD
  • Total Interest: 4,984 CAD
  • 14.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,578 CAD
  • Total Interest: 8,647 CAD

At the end of the Lease Contract

Residual Value: 10,800 CAD (in 49 months)

  • 4.9%Interest Rate x 48 months
  • 248 CAD/month + tax
  • Total Payable: 11,915 CAD
  • Total Interest: 1,115 CAD
  • 8.9%Interest Rate x 48 months
  • 268 CAD/month + tax
  • Total Payable: 12,876 CAD
  • Total Interest: 2,076 CAD
  • 14.9%Interest Rate x 48 months
  • 300 CAD/month + tax
  • Total Payable: 14,401 CAD
  • Total Interest: 3,601 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)
47.83
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
10.15
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
148.98
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.