Chevrolet Lease Takeover in Vancouver, BC: 2020 Chevrolet Silverado Custom Automatique AWD ID:#22279 • LeaseCosts Canada

Payment Analysis

658.69CAD/monthin Vancouver, BC

Before Taxes:

658.69 CAD/month
304.01 CAD/bi-weekly
152.01 CAD/week
7,904.28 CAD/year

Incl. B.C. Taxes (12%):

737.73 CAD/month
340.49 CAD/bi-weekly
170.25 CAD/week
8,852.79 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: 2,230 ~ 3,530 CAD

compared to leasing a BRAND NEW:

Chevrolet Silverado Custom Automatic AWD
for 24 months
in BC
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	721
This Contract (CAD/month)	659
Monthly Difference	63 CAD/month
Remaining Term	x 10 months
Total Monthly Difference	= 630 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 2,230 ~ 3,530

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 37,701 CAD

Total Vehicle Debt: 54,827 CAD
Paid so Far: 17,126 CAD (31% Paid)
Remaining Lease Payments: 6,587 CAD
Residual Value: 31,114 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 17,126 CAD Total Vehicle Value: 54,827 CAD

31% Paid

69%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 6,587 CAD

Term Paid so Far: 17,126 CAD Residual Value: 31,114 CAD

31%

12%

57%

Cost to Own

Already Paid: 17,126 CAD (31%)

Cash Incentive: 0 CAD Buyout Price Today: 37,701 CAD

31% Paid

69%

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: 37,701 CAD

4.9%Interest Rate x 48 months
867 CAD/month + tax
Total Payable: 41,593 CAD
Total Interest: 3,892 CAD

8.9%Interest Rate x 48 months
936 CAD/month + tax
Total Payable: 44,947 CAD
Total Interest: 7,246 CAD

14.9%Interest Rate x 48 months
1,047 CAD/month + tax
Total Payable: 50,272 CAD
Total Interest: 12,571 CAD

At the end of the Lease Contract

Residual Value: 31,114 CAD (in 10 months)

4.9%Interest Rate x 48 months
715 CAD/month + tax
Total Payable: 34,326 CAD
Total Interest: 3,212 CAD

8.9%Interest Rate x 48 months
773 CAD/month + tax
Total Payable: 37,094 CAD
Total Interest: 5,980 CAD

14.9%Interest Rate x 48 months
864 CAD/month + tax
Total Payable: 41,489 CAD
Total Interest: 10,375 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)