Payment Analysis

508.00CAD/monthin Toronto, ON
    Before Taxes:
  • 508.00 CAD/month
  • 234.46 CAD/bi-weekly
  • 117.23 CAD/week
  • 6,096.00 CAD/year
Incl. Ontario Taxes (13%):
  • 574.04 CAD/month
  • 264.94 CAD/bi-weekly
  • 132.47 CAD/week
  • 6,888.48 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: 14,550 CAD

compared to leasing a BRAND NEW:

  • 2020 Nissan LEAF® SV PLUS
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 955
This Contract (CAD/month) 508
Monthly Difference 447 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 4,470 CAD
+ Cash Incentive** (CAD) + 10,080
Total Savings (CAD) = 14,550
** "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: 18,499 CAD
  • Total Vehicle Debt: 51,201 CAD
  • Paid so Far: 22,622 CAD (44% Paid)
  • Remaining Lease Payments: 5,080 CAD
  • Residual Value: 23,499 CAD
  • Cash Incentive: 10,080 CAD
Vehicle Debt & Value
Paid so far: 22,622 CAD Total Vehicle Value: 51,201 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 3,318 CAD Remaining Term: 5,080 CAD
Term Paid so Far: 19,304 CAD Residual Value: 23,499 CAD
6%
38%
9%
47%
Cost to Own
Already Paid: 22,622 CAD (44%)
Cash Incentive: 10,080 CAD Buyout Price Today: 18,499 CAD
44% Paid
19%
37%
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: 18,499 CAD

  • 4.9%Interest Rate x 48 months
  • 425 CAD/month + tax
  • Total Payable: 20,409 CAD
  • Total Interest: 1,910 CAD
  • 8.9%Interest Rate x 48 months
  • 459 CAD/month + tax
  • Total Payable: 22,055 CAD
  • Total Interest: 3,556 CAD
  • 14.9%Interest Rate x 48 months
  • 514 CAD/month + tax
  • Total Payable: 24,667 CAD
  • Total Interest: 6,168 CAD

At the end of the Lease Contract

Residual Value: 23,499 CAD (in 10 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)
-5.01
  • + tax
  • + fuel
  • + insurance
(inlcuding the 10,080CAD incentive)
  • 5.09CAD/100km (TODAY without the Cash Incentive)
  • 24.38CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
-16.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 10,080CAD incentive)
  • 16.70CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
2,305.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.05CAD
  • 480.77km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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