| Step 1 |
The amount paid as the security deposit for the vehicle. This amount should be taken from your lease agreement.
|
$ |
| Step 2 |
The down-payment (including the value of your trade-in, if applicable) as shown on your lease agreement.
|
$ |
| Step 3 |
Number of months shown on your lease agreement. (i.e., 24, 36, 48, 60 months)
|
|
| Step 4 |
Number of months your vehicle has been in use at the time of the hearing.
|
|
| Step 5 |
Number of kilometers allowed in your lease agreement.
|
|
| Step 6 |
Number of kilometres on your vehicle when leased.
|
|
| Step 7 |
Estimated number of kilometers on your vehicle on the date of the hearing. To be verified and calculated by the arbitrator on the date of hearing.
|
|
| Step 8 |
The excess kilometre rate shown on your lease agreement. (i.e., 0.2 = 20 cents per kilometre)
|
$ |
| Step 9 |
The before tax amount paid for a Manufacturer Support Extended Service Contract if not included in your lease agreement (if proven).
|
$ |
| Step 10 |
Negative equity amount (if proven).
|
$ |
| Step 11 |
GST or HST rate as shown on your lease agreement.
|
|
| |
|
| Number of months remaining on your lease. |
|
| The down-payment or deposit (including the value of your trade-in if applicable) prorated over the remaining term of the lease. |
$ |
| Excess kilometres travelled. |
|
| Less a reduction for use for excess kilometres driven prior to the date of the arbitration hearing. |
$ |
| Less, if proven, a reduction of use for the before tax amount of the Manufacturer Supported Extended Service Contract. |
$ |
| Add, if proven, a reduction in the Negative Equity amount owing to the Manufacturer. |
$ |
|
| Buy-back Amount (GST or HST Inclusive) |
|
Canadian Motor Vehicle Arbitration Plan - Call us at 1-800-207-0685