Payment Analysis

575.00CAD/monthin Surrey, BC
    Before Taxes:
  • 575.00 CAD/month
  • 265.38 CAD/bi-weekly
  • 132.69 CAD/week
  • 6,900.00 CAD/year
Incl. B.C. Taxes (12%):
  • 644.00 CAD/month
  • 297.23 CAD/bi-weekly
  • 148.62 CAD/week
  • 7,728.00 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: 1,047 ~ 1,447 CAD

compared to leasing a BRAND NEW:

  • Nissan Maxima Trim SL
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 822
This Contract (CAD/month) 575
Monthly Difference 247 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 247 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,047 ~ 1,447

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,575 CAD
  • Total Vehicle Debt: 63,500 CAD
  • Paid so Far: 33,925 CAD (53% Paid)
  • Remaining Lease Payments: 575 CAD
  • Residual Value: 29,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 33,925 CAD Total Vehicle Value: 63,500 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 575 CAD
Term Paid so Far: 33,925 CAD Residual Value: 29,000 CAD
0%
53%
0%
47%
Cost to Own
Already Paid: 33,925 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 29,575 CAD
53% Paid
0%
47%
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: 29,575 CAD

  • 4.9%Interest Rate x 48 months
  • 680 CAD/month + tax
  • Total Payable: 32,628 CAD
  • Total Interest: 3,053 CAD
  • 8.9%Interest Rate x 48 months
  • 735 CAD/month + tax
  • Total Payable: 35,259 CAD
  • Total Interest: 5,684 CAD
  • 14.9%Interest Rate x 48 months
  • 822 CAD/month + tax
  • Total Payable: 39,437 CAD
  • Total Interest: 9,862 CAD

At the end of the Lease Contract

Residual Value: 29,000 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 31,994 CAD
  • Total Interest: 2,994 CAD
  • 8.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,574 CAD
  • Total Interest: 5,574 CAD
  • 14.9%Interest Rate x 48 months
  • 806 CAD/month + tax
  • Total Payable: 38,670 CAD
  • Total Interest: 9,670 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)
1.17
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 34.50CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
18.90
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
11,307.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Feb, 2019)

Seller Contact Info

This Contract was Already Transferred.

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