Payment Analysis
260.00CAD/monthin Montréal, QC
- 260.00 CAD/month
- 120.00 CAD/bi-weekly
- 60.00 CAD/week
- 3,120.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 298.95 CAD/month
- 137.98 CAD/bi-weekly
- 68.99 CAD/week
- 3,587.38 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:
3,370 ~ 3,770 CAD
compared to leasing a BRAND NEW:
- Nissan Versa Trim SV
- for 24 months
- in QC
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 400 |
|---|---|
| This Contract (CAD/month) | 260 |
| Monthly Difference | 140 CAD/month |
| Remaining Term | x 13 months |
| Total Monthly Difference | = 1,820 CAD |
| + Cash Incentive** (CAD) | + 750 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 3,370 ~ 3,770 |
| ** "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:
10,042 CAD
- Total Vehicle Debt: 23,302 CAD
- Paid so Far: 12,510 CAD (53% Paid)
- Remaining Lease Payments: 3,380 CAD
- Residual Value: 7,412 CAD
- Cash Incentive: 750 CAD
Vehicle Debt & Value
Paid so far: 12,510 CAD Total Vehicle Value: 23,302 CAD
Vehicle Debt Breakdown
Downpayment: 550 CAD Remaining Term: 3,380 CAD
Term Paid so Far: 11,960 CAD Residual Value: 7,412 CAD
Cost to Own
Already Paid: 12,510 CAD (53%)
Cash Incentive: 750 CAD Buyout Price Today: 10,042 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: 10,042 CAD
- 4.9%Interest Rate x 48 months
- 231 CAD/month + tax
- Total Payable: 11,079 CAD
- Total Interest: 1,037 CAD
- 8.9%Interest Rate x 48 months
- 249 CAD/month + tax
- Total Payable: 11,972 CAD
- Total Interest: 1,930 CAD
- 14.9%Interest Rate x 48 months
- 279 CAD/month + tax
- Total Payable: 13,390 CAD
- Total Interest: 3,348 CAD
At the end of the Lease Contract
Residual Value: 7,412 CAD (in 13 months)
- 4.9%Interest Rate x 48 months
- 170 CAD/month + tax
- Total Payable: 8,177 CAD
- Total Interest: 765 CAD
- 8.9%Interest Rate x 48 months
- 184 CAD/month + tax
- Total Payable: 8,837 CAD
- Total Interest: 1,425 CAD
- 14.9%Interest Rate x 48 months
- 206 CAD/month + tax
- Total Payable: 9,883 CAD
- Total Interest: 2,471 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)
4.88
- + tax
- + fuel
- + insurance
- 6.27CAD/100km (TODAY without the Cash Incentive)
- 15.60CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
6.65
- + tax
- + insurance
- + km driven & fuel
- 8.55CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
956.62
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2018)
