Payment Analysis

506.18CAD/monthin Kingston, ON
    Before Taxes:
  • 506.18 CAD/month
  • 233.62 CAD/bi-weekly
  • 116.81 CAD/week
  • 6,074.16 CAD/year
Incl. Ontario Taxes (13%):
  • 571.98 CAD/month
  • 263.99 CAD/bi-weekly
  • 132.00 CAD/week
  • 6,863.80 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: 14,268 ~ 14,668 CAD

compared to leasing a BRAND NEW:

  • 2021 NX 300 F SPORT Series 1
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 987
This Contract (CAD/month) 506
Monthly Difference 481 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 13,468 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 14,268 ~ 14,668

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,392 CAD
  • Total Vehicle Debt: 47,857 CAD
  • Paid so Far: 11,465 CAD (23% Paid)
  • Remaining Lease Payments: 14,173 CAD
  • Residual Value: 22,219 CAD
  • Required Payment: 0 CAD
Vehicle Debt & Value
Paid so far: 11,465 CAD Total Vehicle Value: 47,857 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 1,848 CAD Remaining Term: 14,173 CAD
Term Paid so Far: 9,617 CAD Residual Value: 22,219 CAD
3%
20%
29%
48%
Cost to Own
Already Paid: 11,465 CAD (23%)
Required Payment: 0 CAD (0%)Buyout Price Today: 36,392 CAD
23% Paid
0%
77%
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: 36,392 CAD

  • 4.9%Interest Rate x 48 months
  • 836 CAD/month + tax
  • Total Payable: 40,149 CAD
  • Total Interest: 3,757 CAD
  • 8.9%Interest Rate x 48 months
  • 904 CAD/month + tax
  • Total Payable: 43,387 CAD
  • Total Interest: 6,995 CAD
  • 14.9%Interest Rate x 48 months
  • 1,011 CAD/month + tax
  • Total Payable: 48,527 CAD
  • Total Interest: 12,135 CAD

At the end of the Lease Contract

Residual Value: 22,219 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 511 CAD/month + tax
  • Total Payable: 24,513 CAD
  • Total Interest: 2,294 CAD
  • 8.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,489 CAD
  • Total Interest: 4,271 CAD
  • 14.9%Interest Rate x 48 months
  • 617 CAD/month + tax
  • Total Payable: 29,628 CAD
  • Total Interest: 7,409 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)
24.92
  • + tax
  • + fuel
  • + insurance
(or 0.25CAD per km)
  • 30.37CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
16.64
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
468.73
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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