Payment Analysis

927.00CAD/monthin Saskatoon, SK
    Before Taxes:
  • 927.00 CAD/month
  • 427.85 CAD/bi-weekly
  • 213.92 CAD/week
  • 11,124.00 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 1,028.97 CAD/month
  • 474.91 CAD/bi-weekly
  • 237.45 CAD/week
  • 12,347.64 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: 3,779 ~ 4,679 CAD

compared to leasing a BRAND NEW:

  • Chevrolet SILVERADO 1500 4WD Crew Cab, Short Bed LTZ 5.3L EcoTec3 V8 engine with DFM w/ Z71 OFF-ROAD AND PROTECTION PACKAGE ($1,940) + Z71 OFF-ROAD PACKAGE + MAX TRAILERING PACKAGE ($945) + LTZ PREMIUM PACKAGE ($4,150) + DARK ESSENTIALS PACKAGE ($635) + 5 years Extended Warranty
  • for 60 months
  • in Saskatchewan
  • $0 down payment
  • 27,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,258
This Contract (CAD/month) 927
Monthly Difference 331 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 2,979 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,779 ~ 4,679

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 8,344 CAD
  • Total Vehicle Debt: 76,942 CAD
  • Paid so Far: 68,598 CAD (89% Paid)
  • Remaining Lease Payments: 8,343 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 68,598 CAD Total Vehicle Value: 76,942 CAD
89% Paid
11%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,343 CAD
Term Paid so Far: 68,598 CAD Residual Value: 1 CAD
0%
89%
10%
1%
Cost to Own
Already Paid: 68,598 CAD (89%)
Cash Incentive: 0 CAD Buyout Price Today: 8,344 CAD
89% Paid
0%
11%
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: 8,344 CAD

  • 4.9%Interest Rate x 48 months
  • 192 CAD/month + tax
  • Total Payable: 9,205 CAD
  • Total Interest: 861 CAD
  • 8.9%Interest Rate x 48 months
  • 207 CAD/month + tax
  • Total Payable: 9,948 CAD
  • Total Interest: 1,604 CAD
  • 14.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,126 CAD
  • Total Interest: 2,782 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
5.20
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 42.78CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
30.48
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,111.11
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 500.00km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.