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: 2,295 ~ 2,695 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 13 months
Total Monthly Difference = 1,495 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,295 ~ 2,695

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,060 CAD
  • Total Vehicle Debt: 59,580 CAD
  • Paid so Far: 29,520 CAD (49% Paid)
  • Remaining Lease Payments: 8,060 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,520 CAD Total Vehicle Value: 59,580 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 8,060 CAD
Term Paid so Far: 28,520 CAD Residual Value: 22,000 CAD
1%
48%
13%
38%
Cost to Own
Already Paid: 29,520 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 30,060 CAD
49% Paid
0%
51%
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: 30,060 CAD

  • 4.9%Interest Rate x 48 months
  • 691 CAD/month + tax
  • Total Payable: 33,163 CAD
  • Total Interest: 3,103 CAD
  • 8.9%Interest Rate x 48 months
  • 747 CAD/month + tax
  • Total Payable: 35,838 CAD
  • Total Interest: 5,778 CAD
  • 14.9%Interest Rate x 48 months
  • 835 CAD/month + tax
  • Total Payable: 40,083 CAD
  • Total Interest: 10,023 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 13 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)

Distance Analysis
Cost to drive 100km: (CAD)
9.95
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 31.00CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
20.38
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,437.87
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 461.54km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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