Payment Analysis

196.89CAD/monthin Victoria, BC
    Before Taxes:
  • 196.89 CAD/month
  • 90.87 CAD/bi-weekly
  • 45.44 CAD/week
  • 2,362.68 CAD/year
Incl. B.C. Taxes (12%):
  • 220.52 CAD/month
  • 101.78 CAD/bi-weekly
  • 50.89 CAD/week
  • 2,646.20 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: 6,350 CAD

compared to leasing a BRAND NEW:

  • Nissan Micra SV Automatic
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 391
This Contract (CAD/month) 197
Monthly Difference 195 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 5,850 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 6,350
** "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: 10,980 CAD
  • Total Vehicle Debt: 17,190 CAD
  • Paid so Far: 5,710 CAD (33% Paid)
  • Remaining Lease Payments: 5,907 CAD
  • Residual Value: 5,573 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 5,710 CAD Total Vehicle Value: 17,190 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,907 CAD
Term Paid so Far: 5,710 CAD Residual Value: 5,573 CAD
0%
33%
34%
33%
Cost to Own
Already Paid: 5,710 CAD (33%)
Cash Incentive: 500 CAD Buyout Price Today: 10,980 CAD
33% Paid
2%
65%
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: 10,980 CAD

  • 4.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,113 CAD
  • Total Interest: 1,133 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,090 CAD
  • Total Interest: 2,110 CAD
  • 14.9%Interest Rate x 48 months
  • 305 CAD/month + tax
  • Total Payable: 14,641 CAD
  • Total Interest: 3,661 CAD

At the end of the Lease Contract

Residual Value: 5,573 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 128 CAD/month + tax
  • Total Payable: 6,148 CAD
  • Total Interest: 575 CAD
  • 8.9%Interest Rate x 48 months
  • 138 CAD/month + tax
  • Total Payable: 6,644 CAD
  • Total Interest: 1,071 CAD
  • 14.9%Interest Rate x 48 months
  • 155 CAD/month + tax
  • Total Payable: 7,431 CAD
  • Total Interest: 1,858 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)
6.51
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 7.12CAD/100km (TODAY without the Cash Incentive)
  • 11.81CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
5.93
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 6.47CAD/day (Original Contract back in Oct, 2018)
Remaining Km
Can be driven up to:
638.58
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Oct, 2018)

Seller Contact Info

This Contract was Already Transferred.

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