Payment Analysis

628.00CAD/monthin Calgary, AB
    Before Taxes:
  • 628.00 CAD/month
  • 289.85 CAD/bi-weekly
  • 144.92 CAD/week
  • 7,536.00 CAD/year
Incl. Alberta Taxes (5%):
  • 659.40 CAD/month
  • 304.34 CAD/bi-weekly
  • 152.17 CAD/week
  • 7,912.80 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: 5,564 CAD

compared to leasing a BRAND NEW:

  • GMC SIERRA 1500 ELEVATION 4WD CREW CAB
  • for 24 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 842
This Contract (CAD/month) 628
Monthly Difference 214 CAD/month
Remaining Term x 26 months
Total Monthly Difference = 5,564 CAD
Total Savings (CAD) = 5,564

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 62,267 CAD
  • Total Vehicle Debt: 60,883 CAD
  • Paid so Far: -1,384 CAD (-3% Paid)
  • Remaining Lease Payments: 16,328 CAD
  • Residual Value: 45,939 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -1,384 CAD Total Vehicle Value: 60,883 CAD
-3% Paid
103%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 16,328 CAD
Term Paid so Far: -1,884 CAD Residual Value: 45,939 CAD
1%
-4%
27%
76%
Cost to Own
Already Paid: -1,384 CAD (-3%)
Cash Incentive: 0 CAD Buyout Price Today: 62,267 CAD
-3% Paid
0%
103%
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: 62,267 CAD

  • 4.9%Interest Rate x 48 months
  • 1,431 CAD/month + tax
  • Total Payable: 68,695 CAD
  • Total Interest: 6,428 CAD
  • 8.9%Interest Rate x 48 months
  • 1,547 CAD/month + tax
  • Total Payable: 74,235 CAD
  • Total Interest: 11,968 CAD
  • 14.9%Interest Rate x 48 months
  • 1,730 CAD/month + tax
  • Total Payable: 83,030 CAD
  • Total Interest: 20,763 CAD

At the end of the Lease Contract

Residual Value: 45,939 CAD (in 26 months)

  • 4.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,681 CAD
  • Total Interest: 4,742 CAD
  • 8.9%Interest Rate x 48 months
  • 1,141 CAD/month + tax
  • Total Payable: 54,769 CAD
  • Total Interest: 8,830 CAD
  • 14.9%Interest Rate x 48 months
  • 1,276 CAD/month + tax
  • Total Payable: 61,257 CAD
  • Total Interest: 15,318 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)
60.40
  • + tax
  • + fuel
  • + insurance
(or 0.60CAD per km)
Time Analysis
Cost per day: (CAD)
20.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
239.94
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Seller Contact Info

This Contract was Already Transferred.

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