Payment Analysis

819.14CAD/monthin Calgary, AB
    Before Taxes:
  • 819.14 CAD/month
  • 378.06 CAD/bi-weekly
  • 189.03 CAD/week
  • 9,829.68 CAD/year
Incl. Alberta Taxes (5%):
  • 860.10 CAD/month
  • 396.97 CAD/bi-weekly
  • 198.48 CAD/week
  • 10,321.16 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: 1,070 CAD

compared to leasing a BRAND NEW:

  • GMC SIERRA 1500 LTD 4WD Crew Cab, Short Bed Elevation
  • for 42 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 926
This Contract (CAD/month) 819
Monthly Difference 107 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 1,070 CAD
Total Savings (CAD) = 1,070

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,191 CAD
  • Total Vehicle Debt: 70,086 CAD
  • Paid so Far: 33,895 CAD (48% Paid)
  • Remaining Lease Payments: 8,191 CAD
  • Residual Value: 28,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 33,895 CAD Total Vehicle Value: 70,086 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 3,586 CAD Remaining Term: 8,191 CAD
Term Paid so Far: 30,308 CAD Residual Value: 28,000 CAD
5%
43%
11%
41%
Cost to Own
Already Paid: 33,895 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 36,191 CAD
48% Paid
0%
52%
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: 36,191 CAD

  • 4.9%Interest Rate x 48 months
  • 832 CAD/month + tax
  • Total Payable: 39,928 CAD
  • Total Interest: 3,736 CAD
  • 8.9%Interest Rate x 48 months
  • 899 CAD/month + tax
  • Total Payable: 43,148 CAD
  • Total Interest: 6,956 CAD
  • 14.9%Interest Rate x 48 months
  • 1,005 CAD/month + tax
  • Total Payable: 48,259 CAD
  • Total Interest: 12,068 CAD

At the end of the Lease Contract

Residual Value: 28,000 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,891 CAD
  • Total Interest: 2,891 CAD
  • 8.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,382 CAD
  • Total Interest: 5,382 CAD
  • 14.9%Interest Rate x 48 months
  • 778 CAD/month + tax
  • Total Payable: 37,336 CAD
  • Total Interest: 9,336 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)
11.62
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 49.15CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
26.93
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,626.86
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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