Payment Analysis
628.27CAD/monthin Mississauga, ON
- 628.27 CAD/month
- 289.97 CAD/bi-weekly
- 144.99 CAD/week
- 7,539.24 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 709.95 CAD/month
- 327.67 CAD/bi-weekly
- 163.83 CAD/week
- 8,519.34 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:
2,142 CAD
compared to leasing a BRAND NEW:
- 2022 Chevrolet COLORADO 4WD CREW CAB, SHORT BOX Z71
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 747 |
|---|---|
| This Contract (CAD/month) | 628 |
| Monthly Difference | 119 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 2,142 CAD |
| Total Savings (CAD) | = 2,142 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
41,625 CAD
- Total Vehicle Debt: 60,473 CAD
- Paid so Far: 18,848 CAD (31% Paid)
- Remaining Lease Payments: 11,309 CAD
- Residual Value: 30,316 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,848 CAD Total Vehicle Value: 60,473 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,309 CAD
Term Paid so Far: 18,848 CAD Residual Value: 30,316 CAD
Cost to Own
Already Paid: 18,848 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 41,625 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: 41,625 CAD
- 4.9%Interest Rate x 48 months
- 957 CAD/month + tax
- Total Payable: 45,922 CAD
- Total Interest: 4,297 CAD
- 8.9%Interest Rate x 48 months
- 1,034 CAD/month + tax
- Total Payable: 49,625 CAD
- Total Interest: 8,000 CAD
- 14.9%Interest Rate x 48 months
- 1,156 CAD/month + tax
- Total Payable: 55,504 CAD
- Total Interest: 13,880 CAD
At the end of the Lease Contract
Residual Value: 30,316 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 697 CAD/month + tax
- Total Payable: 33,446 CAD
- Total Interest: 3,130 CAD
- 8.9%Interest Rate x 48 months
- 753 CAD/month + tax
- Total Payable: 36,143 CAD
- Total Interest: 5,827 CAD
- 14.9%Interest Rate x 48 months
- 842 CAD/month + tax
- Total Payable: 40,425 CAD
- Total Interest: 10,109 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)
17.13
- + tax
- + fuel
- + insurance
- 31.41CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
20.66
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
846.15
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Mar, 2021)
Seller Contact Info
This Contract was Already Transferred.
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