Payment Analysis

464.00CAD/monthin Coquitlam, BC
    Before Taxes:
  • 464.00 CAD/month
  • 214.15 CAD/bi-weekly
  • 107.08 CAD/week
  • 5,568.00 CAD/year
Incl. B.C. Taxes (12%):
  • 519.68 CAD/month
  • 239.85 CAD/bi-weekly
  • 119.93 CAD/week
  • 6,236.16 CAD/year

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: 21,072 ~ 21,472 CAD

compared to leasing a BRAND NEW:

  • Chevrolet SILVERADO 1500 4WD Crew Cab, Short Bed High Country
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 826
This Contract (CAD/month) 464
Monthly Difference 362 CAD/month
Remaining Term x 56 months
Total Monthly Difference = 20,272 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 21,072 ~ 21,472

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 65,365 CAD
  • Total Vehicle Debt: 53,117 CAD
  • Paid so Far: -12,248 CAD (-24% Paid)
  • Remaining Lease Payments: 25,984 CAD
  • Residual Value: 39,381 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -12,248 CAD Total Vehicle Value: 53,117 CAD
-24% Paid
124%
Vehicle Debt Breakdown
Downpayment: 2,600 CAD Remaining Term: 25,984 CAD
Term Paid so Far: -14,848 CAD Residual Value: 39,381 CAD
5%
-29%
49%
75%
Cost to Own
Already Paid: -12,248 CAD (-24%)
Cash Incentive: 0 CAD Buyout Price Today: 65,365 CAD
-24% Paid
0%
124%
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: 65,365 CAD

  • 4.9%Interest Rate x 48 months
  • 1,502 CAD/month + tax
  • Total Payable: 72,112 CAD
  • Total Interest: 6,748 CAD
  • 8.9%Interest Rate x 48 months
  • 1,623 CAD/month + tax
  • Total Payable: 77,928 CAD
  • Total Interest: 12,563 CAD
  • 14.9%Interest Rate x 48 months
  • 1,816 CAD/month + tax
  • Total Payable: 87,160 CAD
  • Total Interest: 21,795 CAD

At the end of the Lease Contract

Residual Value: 39,381 CAD (in 56 months)

  • 4.9%Interest Rate x 48 months
  • 905 CAD/month + tax
  • Total Payable: 43,446 CAD
  • Total Interest: 4,065 CAD
  • 8.9%Interest Rate x 48 months
  • 978 CAD/month + tax
  • Total Payable: 46,950 CAD
  • Total Interest: 7,569 CAD
  • 14.9%Interest Rate x 48 months
  • 1,094 CAD/month + tax
  • Total Payable: 52,512 CAD
  • Total Interest: 13,131 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)
71.19
  • + tax
  • + fuel
  • + insurance
(or 0.71CAD per km)
Time Analysis
Cost per day: (CAD)
15.25
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
150.41
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Seller Contact Info

This Contract was Already Transferred.

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