Payment Analysis
264.76CAD/monthin Fort Erie, ON
- 264.76 CAD/month
- 122.20 CAD/bi-weekly
- 61.10 CAD/week
- 3,177.12 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 2,648 CAD
Term Paid so Far: 6,354 CAD Residual Value: 13,806 CAD
Cost to Own
Already Paid: 7,354 CAD (30%)
Cash Incentive: 750 CAD Buyout Price Today: 15,703 CAD
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
- 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
- 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
- 384.62km/week (Contract Original back in Sep, 2020)