Payment Analysis
426.09CAD/monthin Halifax, NS
- 426.09 CAD/month
- 196.66 CAD/bi-weekly
- 98.33 CAD/week
- 5,113.08 CAD/year
Before Taxes:
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:
7,652 ~ 8,952 CAD
compared to leasing a BRAND NEW:
- Nissan Altima Trim SR AWD
- for 12 months
- in NS
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 782 |
|---|---|
| This Contract (CAD/month) | 426 |
| Monthly Difference | 356 CAD/month |
| Remaining Term | x 17 months |
| Total Monthly Difference | = 6,052 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,652 ~ 8,952 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
22,814 CAD
- Total Vehicle Debt: 33,984 CAD
- Paid so Far: 11,170 CAD (32% Paid)
- Remaining Lease Payments: 7,244 CAD
- Residual Value: 15,571 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,170 CAD Total Vehicle Value: 33,984 CAD
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 7,244 CAD
Term Paid so Far: 7,670 CAD Residual Value: 15,571 CAD
Cost to Own
Already Paid: 11,170 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 22,814 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: 22,814 CAD
- 4.9%Interest Rate x 48 months
- 524 CAD/month + tax
- Total Payable: 25,170 CAD
- Total Interest: 2,355 CAD
- 8.9%Interest Rate x 48 months
- 567 CAD/month + tax
- Total Payable: 27,199 CAD
- Total Interest: 4,385 CAD
- 14.9%Interest Rate x 48 months
- 634 CAD/month + tax
- Total Payable: 30,422 CAD
- Total Interest: 7,607 CAD
At the end of the Lease Contract
Residual Value: 15,571 CAD (in 17 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)
28.97
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
14.01
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
339.37
- km/week
- without any
- additional costs
