Payment Analysis

283.07CAD/monthin Ottawa, ON
    Before Taxes:
  • 283.07 CAD/month
  • 130.65 CAD/bi-weekly
  • 65.32 CAD/week
  • 3,396.84 CAD/year
Incl. Ontario Taxes (13%):
  • 319.87 CAD/month
  • 147.63 CAD/bi-weekly
  • 73.82 CAD/week
  • 3,838.43 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: 2,862 ~ 3,762 CAD

compared to leasing a BRAND NEW:

  • Nissan Sentra Automatic 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 362
This Contract (CAD/month) 283
Monthly Difference 79 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 1,422 CAD
+ Cash Incentive** (CAD) + 640
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,862 ~ 3,762
** "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: 14,607 CAD
  • Total Vehicle Debt: 22,474 CAD
  • Paid so Far: 7,228 CAD (32% Paid)
  • Remaining Lease Payments: 5,095 CAD
  • Residual Value: 10,151 CAD
  • Cash Incentive: 640 CAD
Vehicle Debt & Value
Paid so far: 7,228 CAD Total Vehicle Value: 22,474 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 5,095 CAD
Term Paid so Far: 6,228 CAD Residual Value: 10,151 CAD
4%
28%
22%
46%
Cost to Own
Already Paid: 7,228 CAD (32%)
Cash Incentive: 640 CAD Buyout Price Today: 14,607 CAD
32% Paid
2%
66%
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: 14,607 CAD

  • 4.9%Interest Rate x 48 months
  • 336 CAD/month + tax
  • Total Payable: 16,114 CAD
  • Total Interest: 1,508 CAD
  • 8.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,414 CAD
  • Total Interest: 2,807 CAD
  • 14.9%Interest Rate x 48 months
  • 406 CAD/month + tax
  • Total Payable: 19,477 CAD
  • Total Interest: 4,870 CAD

At the end of the Lease Contract

Residual Value: 10,151 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 233 CAD/month + tax
  • Total Payable: 11,199 CAD
  • Total Interest: 1,048 CAD
  • 8.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,102 CAD
  • Total Interest: 1,951 CAD
  • 14.9%Interest Rate x 48 months
  • 282 CAD/month + tax
  • Total Payable: 13,536 CAD
  • Total Interest: 3,385 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)
7.53
  • + tax
  • + fuel
  • + insurance
(inlcuding the 640CAD incentive)
  • 8.61CAD/100km (TODAY without the Cash Incentive)
  • 16.98CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
8.14
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 640CAD incentive)
  • 9.31CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
758.55
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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  • Months to End: 33 months (Feb, 2027)
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  • Current Odometer: 20,000 km total
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