Payment Analysis

426.09CAD/monthin Halifax, NS
    Before Taxes:
  • 426.09 CAD/month
  • 196.66 CAD/bi-weekly
  • 98.33 CAD/week
  • 5,113.08 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 490.00 CAD/month
  • 226.16 CAD/bi-weekly
  • 113.08 CAD/week
  • 5,880.04 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: 14,772 ~ 16,072 CAD

compared to leasing a BRAND NEW:

  • Nissan Altima Trim SR AWD
  • for 12 months
  • in NS
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 782
This Contract (CAD/month) 426
Monthly Difference 356 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 13,172 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,772 ~ 16,072

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,336 CAD
  • Total Vehicle Debt: 33,984 CAD
  • Paid so Far: 2,648 CAD (7% Paid)
  • Remaining Lease Payments: 15,765 CAD
  • Residual Value: 15,571 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,648 CAD Total Vehicle Value: 33,984 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 15,765 CAD
Term Paid so Far: -852 CAD Residual Value: 15,571 CAD
9%
-2%
46%
47%
Cost to Own
Already Paid: 2,648 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 31,336 CAD
7% Paid
0%
93%
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: 31,336 CAD

  • 4.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,571 CAD
  • Total Interest: 3,235 CAD
  • 8.9%Interest Rate x 48 months
  • 778 CAD/month + tax
  • Total Payable: 37,359 CAD
  • Total Interest: 6,023 CAD
  • 14.9%Interest Rate x 48 months
  • 871 CAD/month + tax
  • Total Payable: 41,785 CAD
  • Total Interest: 10,449 CAD

At the end of the Lease Contract

Residual Value: 15,571 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 358 CAD/month + tax
  • Total Payable: 17,178 CAD
  • Total Interest: 1,607 CAD
  • 8.9%Interest Rate x 48 months
  • 387 CAD/month + tax
  • Total Payable: 18,564 CAD
  • Total Interest: 2,993 CAD
  • 14.9%Interest Rate x 48 months
  • 433 CAD/month + tax
  • Total Payable: 20,763 CAD
  • Total Interest: 5,192 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)
63.06
  • + tax
  • + fuel
  • + insurance
(or 0.63CAD per km)
Time Analysis
Cost per day: (CAD)
14.01
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
155.93
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Halifax

CAD/month x 24 months
2019 Volkswagen Golf Comfortline (ID: #60943)
387
Halifax
2019 Volkswagen

Golf Comfortline Automatique 2WD

Payment Details
  • Current Payment: 387 CAD/month + tax
  • Original Downpayment: 2,500 CAD
  • Months to End: 24 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 107,310 km total
  • Available Now: -4,488 km/year (-374 per month)
See all Details
CAD/month x 25 months
2023 BMW 3 series (ID: #60012)
1,006
halifax
2023 BMW

3 series Automatique AWD

Payment Details
  • Current Payment: 1,006 CAD/month + tax
  • Months to End: 25 months (Feb, 2028)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 22,300 km total
  • Available Now: 12,336 km/year (1,028 per month)
See all Details