Chevrolet Lease Takeover in Coquitlam, BC: 2020 Chevrolet Silverado 1500 Custom Automatique AWD ID:#13018 • LeaseCosts Canada

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: 10,574 ~ 10,974 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 27 months
Total Monthly Difference	= 9,774 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 10,574 ~ 10,974

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 51,909 CAD

Total Vehicle Debt: 53,117 CAD
Paid so Far: 1,208 CAD (2% Paid)
Remaining Lease Payments: 12,528 CAD
Residual Value: 39,381 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 1,208 CAD Total Vehicle Value: 53,117 CAD

2% Paid

98%

Vehicle Debt Breakdown

Downpayment: 2,600 CAD Remaining Term: 12,528 CAD

Term Paid so Far: -1,392 CAD Residual Value: 39,381 CAD

-2%

23%

75%

Cost to Own

Already Paid: 1,208 CAD (2%)

Cash Incentive: 0 CAD Buyout Price Today: 51,909 CAD

2% Paid

98%

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: 51,909 CAD

4.9%Interest Rate x 48 months
1,193 CAD/month + tax
Total Payable: 57,267 CAD
Total Interest: 5,359 CAD

8.9%Interest Rate x 48 months
1,289 CAD/month + tax
Total Payable: 61,886 CAD
Total Interest: 9,977 CAD

14.9%Interest Rate x 48 months
1,442 CAD/month + tax
Total Payable: 69,217 CAD
Total Interest: 17,309 CAD

At the end of the Lease Contract

Residual Value: 39,381 CAD (in 27 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)