Payment Analysis

556.02CAD/monthin Vancouver, BC
    Before Taxes:
  • 556.02 CAD/month
  • 256.62 CAD/bi-weekly
  • 128.31 CAD/week
  • 6,672.24 CAD/year
Incl. B.C. Taxes (12%):
  • 622.74 CAD/month
  • 287.42 CAD/bi-weekly
  • 143.71 CAD/week
  • 7,472.91 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: 2,994 CAD

compared to leasing a BRAND NEW:

  • 2022 CAMARO RWD COUPE 2LT w/ RS PACKAGE $2,145
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 698
This Contract (CAD/month) 556
Monthly Difference 142 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 994 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 2,994
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,792 CAD
  • Total Vehicle Debt: 46,917 CAD
  • Paid so Far: 20,125 CAD (42% Paid)
  • Remaining Lease Payments: 3,892 CAD
  • Residual Value: 22,900 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 20,125 CAD Total Vehicle Value: 46,917 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 3,892 CAD
Term Paid so Far: 16,125 CAD Residual Value: 22,900 CAD
8%
34%
8%
50%
Cost to Own
Already Paid: 20,125 CAD (42%)
Cash Incentive: 2,000 CAD Buyout Price Today: 24,792 CAD
42% Paid
4%
54%
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: 24,792 CAD

  • 4.9%Interest Rate x 48 months
  • 570 CAD/month + tax
  • Total Payable: 27,352 CAD
  • Total Interest: 2,559 CAD
  • 8.9%Interest Rate x 48 months
  • 616 CAD/month + tax
  • Total Payable: 29,557 CAD
  • Total Interest: 4,765 CAD
  • 14.9%Interest Rate x 48 months
  • 689 CAD/month + tax
  • Total Payable: 33,059 CAD
  • Total Interest: 8,267 CAD

At the end of the Lease Contract

Residual Value: 22,900 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 526 CAD/month + tax
  • Total Payable: 25,264 CAD
  • Total Interest: 2,364 CAD
  • 8.9%Interest Rate x 48 months
  • 569 CAD/month + tax
  • Total Payable: 27,301 CAD
  • Total Interest: 4,401 CAD
  • 14.9%Interest Rate x 48 months
  • 636 CAD/month + tax
  • Total Payable: 30,536 CAD
  • Total Interest: 7,636 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)
4.98
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 10.24CAD/100km (TODAY without the Cash Incentive)
  • 27.80CAD/100km (Original Contract back in Aug, 2022)
Time Analysis
Cost per day: (CAD)
8.89
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 18.28CAD/day (Original Contract back in Aug, 2022)
Remaining Km
Can be driven up to:
1,252.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.18CAD
  • 461.54km/week (Contract Original back in Aug, 2022)

Seller Contact Info

This Contract was Already Transferred.

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