Nissan Lease Takeover in Toronto, ON: 2016 Nissan SR Maxima Automatique 2WD ID:#16303 • LeaseCosts Canada

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: 42,660 ~ 43,560 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 65 months
Total Monthly Difference	= 41,860 CAD
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 42,660 ~ 43,560

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,642 CAD

Total Vehicle Debt: 42,631 CAD
Paid so Far: -11 CAD (-1% Paid)
Remaining Lease Payments: 26,142 CAD
Residual Value: 16,500 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -11 CAD Total Vehicle Value: 42,631 CAD

-1% Paid

101%

Vehicle Debt Breakdown

Downpayment: 2,000 CAD Remaining Term: 26,142 CAD

Term Paid so Far: -2,011 CAD Residual Value: 16,500 CAD

183%

-184%

61%

40%

Cost to Own

Already Paid: -11 CAD (-1%)

Cash Incentive: 0 CAD Buyout Price Today: 42,642 CAD

-1% Paid

101%

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: 42,642 CAD

4.9%Interest Rate x 48 months
980 CAD/month + tax
Total Payable: 47,044 CAD
Total Interest: 4,402 CAD

8.9%Interest Rate x 48 months
1,059 CAD/month + tax
Total Payable: 50,838 CAD
Total Interest: 8,196 CAD

14.9%Interest Rate x 48 months
1,185 CAD/month + tax
Total Payable: 56,860 CAD
Total Interest: 14,219 CAD

At the end of the Lease Contract

Residual Value: 16,500 CAD (in 65 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)