Payment Analysis

264.76CAD/monthin Fort Erie, ON
    Before Taxes:
  • 264.76 CAD/month
  • 122.20 CAD/bi-weekly
  • 61.10 CAD/week
  • 3,177.12 CAD/year
Incl. Ontario Taxes (13%):
  • 299.18 CAD/month
  • 138.08 CAD/bi-weekly
  • 69.04 CAD/week
  • 3,590.15 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: 2,720 ~ 4,020 CAD

compared to leasing a BRAND NEW:

  • Nissan Sentra Trim SV
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 301
This Contract (CAD/month) 265
Monthly Difference 37 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 370 CAD
+ Cash Incentive** (CAD) + 750
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,720 ~ 4,020
** "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: 15,703 CAD
  • Total Vehicle Debt: 23,808 CAD
  • Paid so Far: 7,354 CAD (30% Paid)
  • Remaining Lease Payments: 2,648 CAD
  • Residual Value: 13,806 CAD
  • Cash Incentive: 750 CAD
Vehicle Debt & Value
Paid so far: 7,354 CAD Total Vehicle Value: 23,808 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 2,648 CAD
Term Paid so Far: 6,354 CAD Residual Value: 13,806 CAD
4%
26%
11%
59%
Cost to Own
Already Paid: 7,354 CAD (30%)
Cash Incentive: 750 CAD Buyout Price Today: 15,703 CAD
30% Paid
3%
67%
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: 15,703 CAD

  • 4.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,324 CAD
  • Total Interest: 1,621 CAD
  • 8.9%Interest Rate x 48 months
  • 390 CAD/month + tax
  • Total Payable: 18,722 CAD
  • Total Interest: 3,018 CAD
  • 14.9%Interest Rate x 48 months
  • 436 CAD/month + tax
  • Total Payable: 20,939 CAD
  • Total Interest: 5,236 CAD

At the end of the Lease Contract

Residual Value: 13,806 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,231 CAD
  • Total Interest: 1,425 CAD
  • 8.9%Interest Rate x 48 months
  • 343 CAD/month + tax
  • Total Payable: 16,459 CAD
  • Total Interest: 2,654 CAD
  • 14.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,409 CAD
  • Total Interest: 4,603 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)
3.40
  • + tax
  • + fuel
  • + insurance
(inlcuding the 750CAD incentive)
  • 4.75CAD/100km (TODAY without the Cash Incentive)
  • 15.89CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
6.24
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 750CAD incentive)
  • 8.70CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
1,286.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.