Payment Analysis

627.00CAD/monthin Melbourne, ON
    Before Taxes:
  • 627.00 CAD/month
  • 289.38 CAD/bi-weekly
  • 144.69 CAD/week
  • 7,524.00 CAD/year
Incl. Ontario Taxes (13%):
  • 708.51 CAD/month
  • 327.00 CAD/bi-weekly
  • 163.50 CAD/week
  • 8,502.12 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: 824 ~ 1,224 CAD

compared to leasing a BRAND NEW:

  • Nissan 2021 NV200 Compact Cargo Trim SV
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 628
This Contract (CAD/month) 627
Monthly Difference 1 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 24 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 824 ~ 1,224

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,049 CAD
  • Total Vehicle Debt: 31,097 CAD
  • Paid so Far: 16,048 CAD (51% Paid)
  • Remaining Lease Payments: 15,048 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,048 CAD Total Vehicle Value: 31,097 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 15,048 CAD
Term Paid so Far: 15,048 CAD Residual Value: 1 CAD
3%
48%
48%
1%
Cost to Own
Already Paid: 16,048 CAD (51%)
Cash Incentive: 0 CAD Buyout Price Today: 15,049 CAD
51% Paid
0%
49%
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: 15,049 CAD

  • 4.9%Interest Rate x 48 months
  • 346 CAD/month + tax
  • Total Payable: 16,603 CAD
  • Total Interest: 1,554 CAD
  • 8.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,941 CAD
  • Total Interest: 2,892 CAD
  • 14.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,067 CAD
  • Total Interest: 5,018 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
6.40
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 11.58CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
20.61
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,259.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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