Payment Analysis

600.00CAD/monthin Georgetown, PE
    Before Taxes:
  • 600.00 CAD/month
  • 276.92 CAD/bi-weekly
  • 138.46 CAD/week
  • 7,200.00 CAD/year
Incl. PEI Taxes (15%):
  • 690.00 CAD/month
  • 318.46 CAD/bi-weekly
  • 159.23 CAD/week
  • 8,280.00 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: 2,406 CAD

compared to leasing a BRAND NEW:

  • Nissan Leaf SV Plus
  • for 36 months
  • in Prince Edward Island
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,001
This Contract (CAD/month) 600
Monthly Difference 401 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 2,406 CAD
Total Savings (CAD) = 2,406

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,099 CAD
  • Total Vehicle Debt: 55,617 CAD
  • Paid so Far: 28,518 CAD (51% Paid)
  • Remaining Lease Payments: 3,600 CAD
  • Residual Value: 23,499 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,518 CAD Total Vehicle Value: 55,617 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 3,318 CAD Remaining Term: 3,600 CAD
Term Paid so Far: 25,200 CAD Residual Value: 23,499 CAD
5%
46%
6%
43%
Cost to Own
Already Paid: 28,518 CAD (51%)
Cash Incentive: 0 CAD Buyout Price Today: 27,099 CAD
51% Paid
0%
49%
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: 27,099 CAD

  • 4.9%Interest Rate x 48 months
  • 623 CAD/month + tax
  • Total Payable: 29,897 CAD
  • Total Interest: 2,798 CAD
  • 8.9%Interest Rate x 48 months
  • 673 CAD/month + tax
  • Total Payable: 32,308 CAD
  • Total Interest: 5,209 CAD
  • 14.9%Interest Rate x 48 months
  • 753 CAD/month + tax
  • Total Payable: 36,135 CAD
  • Total Interest: 9,036 CAD

At the end of the Lease Contract

Residual Value: 23,499 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 540 CAD/month + tax
  • Total Payable: 25,925 CAD
  • Total Interest: 2,426 CAD
  • 8.9%Interest Rate x 48 months
  • 584 CAD/month + tax
  • Total Payable: 28,016 CAD
  • Total Interest: 4,517 CAD
  • 14.9%Interest Rate x 48 months
  • 653 CAD/month + tax
  • Total Payable: 31,335 CAD
  • Total Interest: 7,836 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)
4.00
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 28.80CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
19.73
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,461.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.05CAD
  • 480.77km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.