Payment Analysis
350.44CAD/monthin Brampton, ON
- 350.44 CAD/month
- 161.74 CAD/bi-weekly
- 80.87 CAD/week
- 4,205.28 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 396.00 CAD/month
- 182.77 CAD/bi-weekly
- 91.38 CAD/week
- 4,751.97 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:
2,116 CAD
compared to leasing a BRAND NEW:
- Nissan Altima SV Automatic 2WD
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 636 |
|---|---|
| This Contract (CAD/month) | 350 |
| Monthly Difference | 286 CAD/month |
| Remaining Term | x 6 months |
| Total Monthly Difference | = 1,716 CAD |
| + Cash Incentive** (CAD) | + 400 |
| Total Savings (CAD) | = 2,116 |
| ** "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:
15,751 CAD
- Total Vehicle Debt: 31,754 CAD
- Paid so Far: 15,603 CAD (49% Paid)
- Remaining Lease Payments: 2,103 CAD
- Residual Value: 14,048 CAD
- Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 15,603 CAD Total Vehicle Value: 31,754 CAD
Vehicle Debt Breakdown
Downpayment: 885 CAD Remaining Term: 2,103 CAD
Term Paid so Far: 14,718 CAD Residual Value: 14,048 CAD
Cost to Own
Already Paid: 15,603 CAD (49%)
Cash Incentive: 400 CAD Buyout Price Today: 15,751 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: 15,751 CAD
- 4.9%Interest Rate x 48 months
- 362 CAD/month + tax
- Total Payable: 17,377 CAD
- Total Interest: 1,626 CAD
- 8.9%Interest Rate x 48 months
- 391 CAD/month + tax
- Total Payable: 18,778 CAD
- Total Interest: 3,027 CAD
- 14.9%Interest Rate x 48 months
- 438 CAD/month + tax
- Total Payable: 21,003 CAD
- Total Interest: 5,252 CAD
At the end of the Lease Contract
Residual Value: 14,048 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 323 CAD/month + tax
- Total Payable: 15,498 CAD
- Total Interest: 1,450 CAD
- 8.9%Interest Rate x 48 months
- 349 CAD/month + tax
- Total Payable: 16,748 CAD
- Total Interest: 2,700 CAD
- 14.9%Interest Rate x 48 months
- 390 CAD/month + tax
- Total Payable: 18,732 CAD
- Total Interest: 4,684 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)
2.59
- + tax
- + fuel
- + insurance
- 3.20CAD/100km (TODAY without the Cash Incentive)
- 21.03CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
9.33
- + tax
- + insurance
- + km driven & fuel
- 11.52CAD/day (Original Contract back in Oct, 2019)
Remaining Km
Can be driven up to:
2,525.00
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2019)
Seller Contact Info
This Contract was Already Transferred.
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