This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer GMC Lease Takeover in Calgary: 2021 GMC Sierra 1500 Elevation Automatic AWD
SAVE ~1,600 CAD
CAD/month x 15 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: 15 months (May, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 7,836 km total
  • Available Now: 56,398 km/year (4,700 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.
SOLD/TRANSFERRED

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

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: 1,605 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 15 months
Total Monthly Difference = 1,605 CAD
Total Savings (CAD) = 1,605

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,287 CAD
  • Total Vehicle Debt: 70,086 CAD
  • Paid so Far: 29,799 CAD (42% Paid)
  • Remaining Lease Payments: 12,287 CAD
  • Residual Value: 28,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,799 CAD Total Vehicle Value: 70,086 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 3,586 CAD Remaining Term: 12,287 CAD
Term Paid so Far: 26,212 CAD Residual Value: 28,000 CAD
5%
37%
17%
41%
Cost to Own
Already Paid: 29,799 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 40,287 CAD
42% Paid
0%
58%
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: 40,287 CAD

  • 4.9%Interest Rate x 48 months
  • 926 CAD/month + tax
  • Total Payable: 44,446 CAD
  • Total Interest: 4,159 CAD
  • 8.9%Interest Rate x 48 months
  • 1,001 CAD/month + tax
  • Total Payable: 48,030 CAD
  • Total Interest: 7,743 CAD
  • 14.9%Interest Rate x 48 months
  • 1,119 CAD/month + tax
  • Total Payable: 53,721 CAD
  • Total Interest: 13,433 CAD

At the end of the Lease Contract

Residual Value: 28,000 CAD (in 15 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)
17.43
  • + tax
  • + fuel
  • + insurance
(or 0.17CAD per km)
  • 49.15CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
26.93
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,084.57
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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