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: 818 ~ 1,218 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 18 months
Total Monthly Difference = 18 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 818 ~ 1,218

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 11,287 CAD
  • Total Vehicle Debt: 31,097 CAD
  • Paid so Far: 19,810 CAD (63% Paid)
  • Remaining Lease Payments: 11,286 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,810 CAD Total Vehicle Value: 31,097 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 11,286 CAD
Term Paid so Far: 18,810 CAD Residual Value: 1 CAD
3%
60%
36%
1%
Cost to Own
Already Paid: 19,810 CAD (63%)
Cash Incentive: 0 CAD Buyout Price Today: 11,287 CAD
63% Paid
0%
37%
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: 11,287 CAD

  • 4.9%Interest Rate x 48 months
  • 259 CAD/month + tax
  • Total Payable: 12,452 CAD
  • Total Interest: 1,165 CAD
  • 8.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,456 CAD
  • Total Interest: 2,169 CAD
  • 14.9%Interest Rate x 48 months
  • 314 CAD/month + tax
  • Total Payable: 15,051 CAD
  • Total Interest: 3,764 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 18 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)
4.80
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 11.58CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
20.61
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,012.82
  • 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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