Payment Analysis
466.18CAD/monthin Woodstock, NB
- 466.18 CAD/month
- 215.16 CAD/bi-weekly
- 107.58 CAD/week
- 5,594.16 CAD/year
Before Taxes:
Incl. New Brunswick Taxes (15%):
- 536.11 CAD/month
- 247.43 CAD/bi-weekly
- 123.72 CAD/week
- 6,433.28 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:
1,920 ~ 2,820 CAD
compared to leasing a BRAND NEW:
- 2023 Buick ENCORE GX AWD PREFERRED
- for 36 months
- in New Brunswick
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 536 |
|---|---|
| This Contract (CAD/month) | 466 |
| Monthly Difference | 70 CAD/month |
| Remaining Term | x 16 months |
| Total Monthly Difference | = 1,120 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,920 ~ 2,820 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
22,342 CAD
- Total Vehicle Debt: 36,793 CAD
- Paid so Far: 14,452 CAD (39% Paid)
- Remaining Lease Payments: 7,459 CAD
- Residual Value: 14,883 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,452 CAD Total Vehicle Value: 36,793 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,459 CAD
Term Paid so Far: 14,452 CAD Residual Value: 14,883 CAD
Cost to Own
Already Paid: 14,452 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 22,342 CAD
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: 22,342 CAD
- 4.9%Interest Rate x 48 months
- 514 CAD/month + tax
- Total Payable: 24,648 CAD
- Total Interest: 2,306 CAD
- 8.9%Interest Rate x 48 months
- 555 CAD/month + tax
- Total Payable: 26,636 CAD
- Total Interest: 4,294 CAD
- 14.9%Interest Rate x 48 months
- 621 CAD/month + tax
- Total Payable: 29,792 CAD
- Total Interest: 7,450 CAD
At the end of the Lease Contract
Residual Value: 14,883 CAD (in 16 months)
- 4.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,419 CAD
- Total Interest: 1,536 CAD
- 8.9%Interest Rate x 48 months
- 370 CAD/month + tax
- Total Payable: 17,744 CAD
- Total Interest: 2,861 CAD
- 14.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,846 CAD
- Total Interest: 4,963 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)
8.65
- + tax
- + fuel
- + insurance
- 23.31CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
15.33
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,243.99
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Sep, 2021)
