Payment Analysis

265.00CAD/monthin Woodstock, ON
    Before Taxes:
  • 265.00 CAD/month
  • 122.31 CAD/bi-weekly
  • 61.15 CAD/week
  • 3,180.00 CAD/year
Incl. Ontario Taxes (13%):
  • 299.45 CAD/month
  • 138.21 CAD/bi-weekly
  • 69.10 CAD/week
  • 3,593.40 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: 1,352 ~ 2,252 CAD

compared to leasing a BRAND NEW:

  • Nissan KICKS S Automatic 2WD
  • for 24 months
  • in 0N
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 357
This Contract (CAD/month) 265
Monthly Difference 92 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 552 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,352 ~ 2,252

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 9,670 CAD
  • Total Vehicle Debt: 23,035 CAD
  • Paid so Far: 13,365 CAD (58% Paid)
  • Remaining Lease Payments: 1,590 CAD
  • Residual Value: 8,080 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,365 CAD Total Vehicle Value: 23,035 CAD
58% Paid
42%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 1,590 CAD
Term Paid so Far: 10,865 CAD Residual Value: 8,080 CAD
10%
48%
6%
36%
Cost to Own
Already Paid: 13,365 CAD (58%)
Cash Incentive: 0 CAD Buyout Price Today: 9,670 CAD
58% Paid
0%
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: 9,670 CAD

  • 4.9%Interest Rate x 48 months
  • 222 CAD/month + tax
  • Total Payable: 10,668 CAD
  • Total Interest: 998 CAD
  • 8.9%Interest Rate x 48 months
  • 240 CAD/month + tax
  • Total Payable: 11,529 CAD
  • Total Interest: 1,859 CAD
  • 14.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,894 CAD
  • Total Interest: 3,224 CAD

At the end of the Lease Contract

Residual Value: 8,080 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 186 CAD/month + tax
  • Total Payable: 8,914 CAD
  • Total Interest: 834 CAD
  • 8.9%Interest Rate x 48 months
  • 201 CAD/month + tax
  • Total Payable: 9,633 CAD
  • Total Interest: 1,553 CAD
  • 14.9%Interest Rate x 48 months
  • 224 CAD/month + tax
  • Total Payable: 10,774 CAD
  • Total Interest: 2,694 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)
5.61
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 15.90CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
8.71
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,089.74
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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