Payment Analysis

192.29CAD/monthin Toronto, ON
    Before Taxes:
  • 192.29 CAD/month
  • 88.75 CAD/bi-weekly
  • 44.37 CAD/week
  • 2,307.48 CAD/year
Incl. Ontario Taxes (13%):
  • 217.29 CAD/month
  • 100.29 CAD/bi-weekly
  • 50.14 CAD/week
  • 2,607.45 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: 7,840 CAD

compared to leasing a BRAND NEW:

  • Nissan Versa® SR CVT 1.6-LITER DOHC 16-VALVE 4-CYLINDER ENGINE (the Micra has been discontinued in Canada)
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 559
This Contract (CAD/month) 192
Monthly Difference 367 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 7,340 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 7,840
** "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: 10,439 CAD
  • Total Vehicle Debt: 16,323 CAD
  • Paid so Far: 5,384 CAD (32% Paid)
  • Remaining Lease Payments: 3,846 CAD
  • Residual Value: 7,093 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 5,384 CAD Total Vehicle Value: 16,323 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,846 CAD
Term Paid so Far: 5,384 CAD Residual Value: 7,093 CAD
0%
32%
23%
45%
Cost to Own
Already Paid: 5,384 CAD (32%)
Cash Incentive: 500 CAD Buyout Price Today: 10,439 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: 10,439 CAD

  • 4.9%Interest Rate x 48 months
  • 240 CAD/month + tax
  • Total Payable: 11,516 CAD
  • Total Interest: 1,078 CAD
  • 8.9%Interest Rate x 48 months
  • 259 CAD/month + tax
  • Total Payable: 12,445 CAD
  • Total Interest: 2,006 CAD
  • 14.9%Interest Rate x 48 months
  • 290 CAD/month + tax
  • Total Payable: 13,920 CAD
  • Total Interest: 3,481 CAD

At the end of the Lease Contract

Residual Value: 7,093 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 163 CAD/month + tax
  • Total Payable: 7,825 CAD
  • Total Interest: 732 CAD
  • 8.9%Interest Rate x 48 months
  • 176 CAD/month + tax
  • Total Payable: 8,456 CAD
  • Total Interest: 1,363 CAD
  • 14.9%Interest Rate x 48 months
  • 197 CAD/month + tax
  • Total Payable: 9,458 CAD
  • Total Interest: 2,365 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)
5.38
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 6.19CAD/100km (TODAY without the Cash Incentive)
  • 11.54CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
5.50
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 6.32CAD/day (Original Contract back in Jul, 2018)
Remaining Km
Can be driven up to:
717.20
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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