Payment Analysis
192.29CAD/monthin Toronto, ON
- 192.29 CAD/month
- 88.75 CAD/bi-weekly
- 44.37 CAD/week
- 2,307.48 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,846 CAD
Term Paid so Far: 5,384 CAD Residual Value: 7,093 CAD
Cost to Own
Already Paid: 5,384 CAD (32%)
Cash Incentive: 500 CAD Buyout Price Today: 10,439 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: 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
- 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
- 6.32CAD/day (Original Contract back in Jul, 2018)
Remaining Km
Can be driven up to:
717.20
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2018)
Seller Contact Info
This Contract was Already Transferred.
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