Nissan Lease Takeover in Ajax, ON: 2017 Nissan Maxima Platinum Automatique 2WD ID:#14223 • LeaseCosts Canada

Payment Analysis

490.00CAD/monthin Ajax, ON

Before Taxes:

490.00 CAD/month
226.15 CAD/bi-weekly
113.08 CAD/week
5,880.00 CAD/year

Incl. Ontario Taxes (13%):

553.70 CAD/month
255.55 CAD/bi-weekly
127.78 CAD/week
6,644.40 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: 29,582 ~ 29,982 CAD

compared to leasing a BRAND NEW:

Nissan Maxima FWD PLATINUM
for 12 months
in Ontario
$0 down payment
24,000 km/year (max allowed by Nissan Canada Finance)

Savings Breakdown:
Leasing New (CAD/month)	1,228
This Contract (CAD/month)	490
Monthly Difference	738 CAD/month
Remaining Term	x 39 months
Total Monthly Difference	= 28,782 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 29,582 ~ 29,982

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,710 CAD

Total Vehicle Debt: 44,120 CAD
Paid so Far: 4,410 CAD (9% Paid)
Remaining Lease Payments: 19,110 CAD
Residual Value: 20,600 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 4,410 CAD Total Vehicle Value: 44,120 CAD

9% Paid

91%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 19,110 CAD

Term Paid so Far: 4,410 CAD Residual Value: 20,600 CAD

43%

48%

Cost to Own

Already Paid: 4,410 CAD (9%)

Cash Incentive: 0 CAD Buyout Price Today: 39,710 CAD

9% Paid

91%

Additional Financing Details

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: 39,710 CAD

4.9%Interest Rate x 48 months
913 CAD/month + tax
Total Payable: 43,809 CAD
Total Interest: 4,099 CAD

8.9%Interest Rate x 48 months
986 CAD/month + tax
Total Payable: 47,342 CAD
Total Interest: 7,632 CAD

14.9%Interest Rate x 48 months
1,103 CAD/month + tax
Total Payable: 52,951 CAD
Total Interest: 13,241 CAD

At the end of the Lease Contract

Residual Value: 20,600 CAD (in 39 months)

4.9%Interest Rate x 48 months
473 CAD/month + tax
Total Payable: 22,727 CAD
Total Interest: 2,127 CAD

8.9%Interest Rate x 48 months
512 CAD/month + tax
Total Payable: 24,559 CAD
Total Interest: 3,959 CAD

14.9%Interest Rate x 48 months
572 CAD/month + tax
Total Payable: 27,469 CAD
Total Interest: 6,869 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)