Genesis Lease Takeover in Vancouver, BC: 2020 Genesis Genesis G70 Automatique AWD ID:#32789 • LeaseCosts Canada

Payment Analysis

620.00CAD/monthin Vancouver, BC

Before Taxes:

620.00 CAD/month
286.15 CAD/bi-weekly
143.08 CAD/week
7,440.00 CAD/year

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

694.40 CAD/month
320.49 CAD/bi-weekly
160.25 CAD/week
8,332.80 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: 2,525 ~ 2,925 CAD

compared to leasing a BRAND NEW:

GENESIS G70 3.3T SPORT AWD
for 48 months
in BC
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	735
This Contract (CAD/month)	620
Monthly Difference	115 CAD/month
Remaining Term	x 15 months
Total Monthly Difference	= 1,725 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 2,525 ~ 2,925

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,300 CAD

Total Vehicle Debt: 59,580 CAD
Paid so Far: 28,280 CAD (47% Paid)
Remaining Lease Payments: 9,300 CAD
Residual Value: 22,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 28,280 CAD Total Vehicle Value: 59,580 CAD

47% Paid

53%

Vehicle Debt Breakdown

Downpayment: 1,000 CAD Remaining Term: 9,300 CAD

Term Paid so Far: 27,280 CAD Residual Value: 22,000 CAD

46%

15%

38%

Cost to Own

Already Paid: 28,280 CAD (47%)

Cash Incentive: 0 CAD Buyout Price Today: 31,300 CAD

47% Paid

53%

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: 31,300 CAD

4.9%Interest Rate x 48 months
719 CAD/month + tax
Total Payable: 34,531 CAD
Total Interest: 3,231 CAD

8.9%Interest Rate x 48 months
777 CAD/month + tax
Total Payable: 37,316 CAD
Total Interest: 6,016 CAD

14.9%Interest Rate x 48 months
870 CAD/month + tax
Total Payable: 41,737 CAD
Total Interest: 10,437 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 15 months)

4.9%Interest Rate x 48 months
506 CAD/month + tax
Total Payable: 24,271 CAD
Total Interest: 2,271 CAD

8.9%Interest Rate x 48 months
546 CAD/month + tax
Total Payable: 26,228 CAD
Total Interest: 4,228 CAD

14.9%Interest Rate x 48 months
611 CAD/month + tax
Total Payable: 29,336 CAD
Total Interest: 7,336 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)