Nissan Lease Takeover in Montréal, QC: 2018 Nissan Sentra SV CVT 2WD ID:#19968

Payment Analysis

209.00CAD/monthin Montréal, QC

Before Taxes:

209.00 CAD/month
96.46 CAD/bi-weekly
48.23 CAD/week
2,508.00 CAD/year

Incl. Québec Taxes (14.98%):

240.31 CAD/month
110.91 CAD/bi-weekly
55.46 CAD/week
2,883.70 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: 3,340 ~ 4,640 CAD

compared to leasing a BRAND NEW:

Nissan Sentra SV CVT
for 24 months
in Québec
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	383
This Contract (CAD/month)	209
Monthly Difference	174 CAD/month
Remaining Term	x 10 months
Total Monthly Difference	= 1,740 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 3,340 ~ 4,640

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,090 CAD

Total Vehicle Debt: 20,540 CAD
Paid so Far: 10,450 CAD (50% Paid)
Remaining Lease Payments: 2,090 CAD
Residual Value: 8,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 10,450 CAD Total Vehicle Value: 20,540 CAD

50% Paid

50%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 2,090 CAD

Term Paid so Far: 10,450 CAD Residual Value: 8,000 CAD

50%

10%

40%

Cost to Own

Already Paid: 10,450 CAD (50%)

Cash Incentive: 0 CAD Buyout Price Today: 10,090 CAD

50% Paid

50%

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: 10,090 CAD

4.9%Interest Rate x 48 months
232 CAD/month + tax
Total Payable: 11,132 CAD
Total Interest: 1,042 CAD

8.9%Interest Rate x 48 months
251 CAD/month + tax
Total Payable: 12,029 CAD
Total Interest: 1,939 CAD

14.9%Interest Rate x 48 months
280 CAD/month + tax
Total Payable: 13,454 CAD
Total Interest: 3,364 CAD

At the end of the Lease Contract

Residual Value: 8,000 CAD (in 10 months)

4.9%Interest Rate x 48 months
184 CAD/month + tax
Total Payable: 8,826 CAD
Total Interest: 826 CAD

8.9%Interest Rate x 48 months
199 CAD/month + tax
Total Payable: 9,538 CAD
Total Interest: 1,538 CAD

14.9%Interest Rate x 48 months
222 CAD/month + tax
Total Payable: 10,668 CAD
Total Interest: 2,668 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)