Payment Analysis

404.15CAD/monthin Vancouver, BC
    Before Taxes:
  • 404.15 CAD/month
  • 186.53 CAD/bi-weekly
  • 93.27 CAD/week
  • 4,849.80 CAD/year
Incl. B.C. Taxes (12%):
  • 452.65 CAD/month
  • 208.91 CAD/bi-weekly
  • 104.46 CAD/week
  • 5,431.78 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: 366 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze LT
  • for 48 months
  • in BC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 465
This Contract (CAD/month) 404
Monthly Difference 61 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 366 CAD
Total Savings (CAD) = 366

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,548 CAD
  • Total Vehicle Debt: 40,372 CAD
  • Paid so Far: 21,824 CAD (54% Paid)
  • Remaining Lease Payments: 2,425 CAD
  • Residual Value: 16,123 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,824 CAD Total Vehicle Value: 40,372 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,425 CAD
Term Paid so Far: 21,824 CAD Residual Value: 16,123 CAD
0%
54%
6%
40%
Cost to Own
Already Paid: 21,824 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 18,548 CAD
54% Paid
0%
46%
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: 18,548 CAD

  • 4.9%Interest Rate x 48 months
  • 426 CAD/month + tax
  • Total Payable: 20,462 CAD
  • Total Interest: 1,915 CAD
  • 8.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,112 CAD
  • Total Interest: 3,565 CAD
  • 14.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,732 CAD
  • Total Interest: 6,185 CAD

At the end of the Lease Contract

Residual Value: 16,123 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 371 CAD/month + tax
  • Total Payable: 17,787 CAD
  • Total Interest: 1,664 CAD
  • 8.9%Interest Rate x 48 months
  • 400 CAD/month + tax
  • Total Payable: 19,221 CAD
  • Total Interest: 3,099 CAD
  • 14.9%Interest Rate x 48 months
  • 448 CAD/month + tax
  • Total Payable: 21,499 CAD
  • Total Interest: 5,376 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)
2.55
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 24.25CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
13.29
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,657.65
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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