Payment Analysis

923.98CAD/monthin Vancouver, BC
    Before Taxes:
  • 923.98 CAD/month
  • 426.45 CAD/bi-weekly
  • 213.23 CAD/week
  • 11,087.76 CAD/year
Incl. B.C. Taxes (12%):
  • 1,034.86 CAD/month
  • 477.63 CAD/bi-weekly
  • 238.81 CAD/week
  • 12,418.29 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: 2,709 ~ 3,609 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Camaro 2SS
  • for 48 months
  • in B.C.
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 916
This Contract (CAD/month) 924
Monthly Difference -7 CAD/month
Remaining Term x 13 months
Total Monthly Difference = -91 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,709 ~ 3,609
** "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: 30,633 CAD
  • Total Vehicle Debt: 75,136 CAD
  • Paid so Far: 42,503 CAD (56% Paid)
  • Remaining Lease Payments: 12,012 CAD
  • Residual Value: 20,621 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 42,503 CAD Total Vehicle Value: 75,136 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,012 CAD
Term Paid so Far: 42,503 CAD Residual Value: 20,621 CAD
0%
56%
16%
28%
Cost to Own
Already Paid: 42,503 CAD (56%)
Cash Incentive: 2,000 CAD Buyout Price Today: 30,633 CAD
56% Paid
2%
42%
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: 30,633 CAD

  • 4.9%Interest Rate x 48 months
  • 704 CAD/month + tax
  • Total Payable: 33,795 CAD
  • Total Interest: 3,162 CAD
  • 8.9%Interest Rate x 48 months
  • 761 CAD/month + tax
  • Total Payable: 36,520 CAD
  • Total Interest: 5,888 CAD
  • 14.9%Interest Rate x 48 months
  • 851 CAD/month + tax
  • Total Payable: 40,847 CAD
  • Total Interest: 10,214 CAD

At the end of the Lease Contract

Residual Value: 20,621 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 474 CAD/month + tax
  • Total Payable: 22,750 CAD
  • Total Interest: 2,129 CAD
  • 8.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,584 CAD
  • Total Interest: 3,963 CAD
  • 14.9%Interest Rate x 48 months
  • 573 CAD/month + tax
  • Total Payable: 27,497 CAD
  • Total Interest: 6,876 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)
8.58
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 10.29CAD/100km (TODAY without the Cash Incentive)
  • 46.20CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
25.32
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 30.38CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
2,071.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 461.54km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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