Payment Analysis

339.60CAD/monthin Oshawa, ON
    Before Taxes:
  • 339.60 CAD/month
  • 156.74 CAD/bi-weekly
  • 78.37 CAD/week
  • 4,075.20 CAD/year
Incl. Ontario Taxes (13%):
  • 383.75 CAD/month
  • 177.11 CAD/bi-weekly
  • 88.56 CAD/week
  • 4,604.98 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: 6,878 ~ 8,178 CAD

compared to leasing a BRAND NEW:

  • Nissan Kicks SR
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 477
This Contract (CAD/month) 340
Monthly Difference 138 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 4,278 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,878 ~ 8,178
** "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: 19,015 CAD
  • Total Vehicle Debt: 29,863 CAD
  • Paid so Far: 9,848 CAD (32% Paid)
  • Remaining Lease Payments: 10,528 CAD
  • Residual Value: 9,487 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 9,848 CAD Total Vehicle Value: 29,863 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,528 CAD
Term Paid so Far: 9,848 CAD Residual Value: 9,487 CAD
0%
32%
35%
33%
Cost to Own
Already Paid: 9,848 CAD (32%)
Cash Incentive: 1,000 CAD Buyout Price Today: 19,015 CAD
32% Paid
3%
65%
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: 19,015 CAD

  • 4.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,978 CAD
  • Total Interest: 1,963 CAD
  • 8.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,669 CAD
  • Total Interest: 3,655 CAD
  • 14.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,355 CAD
  • Total Interest: 6,340 CAD

At the end of the Lease Contract

Residual Value: 9,487 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 218 CAD/month + tax
  • Total Payable: 10,466 CAD
  • Total Interest: 979 CAD
  • 8.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,310 CAD
  • Total Interest: 1,823 CAD
  • 14.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,650 CAD
  • Total Interest: 3,163 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)
12.41
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 13.72CAD/100km (TODAY without the Cash Incentive)
  • 20.38CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
10.10
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 11.16CAD/day (Original Contract back in Aug, 2018)
Remaining Km
Can be driven up to:
571.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Aug, 2018)

Seller Contact Info

This Contract was Already Transferred.

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