Payment Analysis

402.18CAD/monthin Toronto, ON
    Before Taxes:
  • 402.18 CAD/month
  • 185.62 CAD/bi-weekly
  • 92.81 CAD/week
  • 4,826.16 CAD/year
Incl. Ontario Taxes (13%):
  • 454.46 CAD/month
  • 209.75 CAD/bi-weekly
  • 104.88 CAD/week
  • 5,453.56 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: 36,864 ~ 37,764 CAD

compared to leasing a BRAND NEW:

  • SR Maxima Automatic 2WD
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,046
This Contract (CAD/month) 402
Monthly Difference 644 CAD/month
Remaining Term x 56 months
Total Monthly Difference = 36,064 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 36,864 ~ 37,764

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,022 CAD
  • Total Vehicle Debt: 42,631 CAD
  • Paid so Far: 3,609 CAD (8% Paid)
  • Remaining Lease Payments: 22,522 CAD
  • Residual Value: 16,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,609 CAD Total Vehicle Value: 42,631 CAD
8% Paid
92%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 22,522 CAD
Term Paid so Far: 1,609 CAD Residual Value: 16,500 CAD
4%
4%
53%
39%
Cost to Own
Already Paid: 3,609 CAD (8%)
Cash Incentive: 0 CAD Buyout Price Today: 39,022 CAD
8% Paid
0%
92%
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: 39,022 CAD

  • 4.9%Interest Rate x 48 months
  • 897 CAD/month + tax
  • Total Payable: 43,050 CAD
  • Total Interest: 4,028 CAD
  • 8.9%Interest Rate x 48 months
  • 969 CAD/month + tax
  • Total Payable: 46,522 CAD
  • Total Interest: 7,500 CAD
  • 14.9%Interest Rate x 48 months
  • 1,084 CAD/month + tax
  • Total Payable: 52,034 CAD
  • Total Interest: 13,012 CAD

At the end of the Lease Contract

Residual Value: 16,500 CAD (in 56 months)

  • 4.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,203 CAD
  • Total Interest: 1,703 CAD
  • 8.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,671 CAD
  • Total Interest: 3,171 CAD
  • 14.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 22,002 CAD
  • Total Interest: 5,502 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)
281.53
  • + tax
  • + fuel
  • + insurance
(or 2.82CAD per km)
Time Analysis
Cost per day: (CAD)
13.22
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
32.97
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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