Payment Analysis

519.48CAD/monthin Saskatoon, SK
    Before Taxes:
  • 519.48 CAD/month
  • 239.76 CAD/bi-weekly
  • 119.88 CAD/week
  • 6,233.76 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 576.62 CAD/month
  • 266.13 CAD/bi-weekly
  • 133.07 CAD/week
  • 6,919.47 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: 1,628 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze LT
  • for 36 months
  • in SK
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 488
This Contract (CAD/month) 519
Monthly Difference -31 CAD/month
Remaining Term x 12 months
Total Monthly Difference = -372 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 1,628
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,306 CAD
  • Total Vehicle Debt: 47,158 CAD
  • Paid so Far: 26,852 CAD (56% Paid)
  • Remaining Lease Payments: 6,234 CAD
  • Residual Value: 14,073 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 26,852 CAD Total Vehicle Value: 47,158 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 1,917 CAD Remaining Term: 6,234 CAD
Term Paid so Far: 24,935 CAD Residual Value: 14,073 CAD
3%
53%
13%
31%
Cost to Own
Already Paid: 26,852 CAD (56%)
Cash Incentive: 2,000 CAD Buyout Price Today: 18,306 CAD
56% Paid
4%
40%
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: 18,306 CAD

  • 4.9%Interest Rate x 48 months
  • 421 CAD/month + tax
  • Total Payable: 20,196 CAD
  • Total Interest: 1,890 CAD
  • 8.9%Interest Rate x 48 months
  • 455 CAD/month + tax
  • Total Payable: 21,825 CAD
  • Total Interest: 3,519 CAD
  • 14.9%Interest Rate x 48 months
  • 509 CAD/month + tax
  • Total Payable: 24,411 CAD
  • Total Interest: 6,104 CAD

At the end of the Lease Contract

Residual Value: 14,073 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,525 CAD
  • Total Interest: 1,453 CAD
  • 8.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,777 CAD
  • Total Interest: 2,705 CAD
  • 14.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,765 CAD
  • Total Interest: 4,692 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)
4.67
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 6.88CAD/100km (TODAY without the Cash Incentive)
  • 25.97CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
11.60
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 17.08CAD/day (Original Contract back in Apr, 2019)
Remaining Km
Can be driven up to:
1,743.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 461.54km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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