Payment Analysis
212.00CAD/monthin Toronto, ON
- 212.00 CAD/month
- 97.85 CAD/bi-weekly
- 48.92 CAD/week
- 2,544.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 239.56 CAD/month
- 110.57 CAD/bi-weekly
- 55.28 CAD/week
- 2,874.72 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:
3,712 ~ 5,012 CAD
compared to leasing a BRAND NEW:
- Versa Trim S (Micra has been discontiniued)
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 351 |
---|---|
This Contract (CAD/month) | 212 |
Monthly Difference | 139 CAD/month |
Remaining Term | x 8 months |
Total Monthly Difference | = 1,112 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,712 ~ 5,012 |
** "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:
8,639 CAD
- Total Vehicle Debt: 18,119 CAD
- Paid so Far: 8,480 CAD (46% Paid)
- Remaining Lease Payments: 1,696 CAD
- Residual Value: 7,943 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 8,480 CAD Total Vehicle Value: 18,119 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,696 CAD
Term Paid so Far: 8,480 CAD Residual Value: 7,943 CAD
Cost to Own
Already Paid: 8,480 CAD (46%)
Cash Incentive: 1,000 CAD Buyout Price Today: 8,639 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: 8,639 CAD
- 4.9%Interest Rate x 48 months
- 199 CAD/month + tax
- Total Payable: 9,531 CAD
- Total Interest: 892 CAD
- 8.9%Interest Rate x 48 months
- 215 CAD/month + tax
- Total Payable: 10,299 CAD
- Total Interest: 1,660 CAD
- 14.9%Interest Rate x 48 months
- 240 CAD/month + tax
- Total Payable: 11,520 CAD
- Total Interest: 2,881 CAD
At the end of the Lease Contract
Residual Value: 7,943 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 183 CAD/month + tax
- Total Payable: 8,763 CAD
- Total Interest: 820 CAD
- 8.9%Interest Rate x 48 months
- 197 CAD/month + tax
- Total Payable: 9,470 CAD
- Total Interest: 1,527 CAD
- 14.9%Interest Rate x 48 months
- 221 CAD/month + tax
- Total Payable: 10,592 CAD
- Total Interest: 2,649 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)
1.05
- + tax
- + fuel
- + insurance
- 2.57CAD/100km (TODAY without the Cash Incentive)
- 12.72CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
2.86
- + tax
- + insurance
- + km driven & fuel
- 6.97CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
1,903.85
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2019)
Seller Contact Info
This Contract was Already Transferred.
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