Payment Analysis

369.94CAD/monthin Hamilton, ON
    Before Taxes:
  • 369.94 CAD/month
  • 170.74 CAD/bi-weekly
  • 85.37 CAD/week
  • 4,439.28 CAD/year
Incl. Ontario Taxes (13%):
  • 418.03 CAD/month
  • 192.94 CAD/bi-weekly
  • 96.47 CAD/week
  • 5,016.39 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: 4,584 ~ 5,884 CAD

compared to leasing a BRAND NEW:

  • Nissan Rogue S FWD CVT 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 451
This Contract (CAD/month) 370
Monthly Difference 82 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 984 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,584 ~ 5,884
** "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: 14,771 CAD
  • Total Vehicle Debt: 34,158 CAD
  • Paid so Far: 17,387 CAD (50% Paid)
  • Remaining Lease Payments: 4,439 CAD
  • Residual Value: 12,332 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 17,387 CAD Total Vehicle Value: 34,158 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,439 CAD
Term Paid so Far: 17,387 CAD Residual Value: 12,332 CAD
0%
50%
13%
37%
Cost to Own
Already Paid: 17,387 CAD (50%)
Cash Incentive: 2,000 CAD Buyout Price Today: 14,771 CAD
50% Paid
5%
45%
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: 14,771 CAD

  • 4.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,296 CAD
  • Total Interest: 1,525 CAD
  • 8.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,610 CAD
  • Total Interest: 2,839 CAD
  • 14.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,696 CAD
  • Total Interest: 4,925 CAD

At the end of the Lease Contract

Residual Value: 12,332 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 283 CAD/month + tax
  • Total Payable: 13,605 CAD
  • Total Interest: 1,273 CAD
  • 8.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,702 CAD
  • Total Interest: 2,370 CAD
  • 14.9%Interest Rate x 48 months
  • 343 CAD/month + tax
  • Total Payable: 16,443 CAD
  • Total Interest: 4,112 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)
3.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 6.85CAD/100km (TODAY without the Cash Incentive)
  • 22.20CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
6.68
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 12.16CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
1,246.79
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in May, 2018)

Seller Contact Info

This Contract was Already Transferred.

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