Payment Analysis

781.94CAD/monthin Kitchener, ON
    Before Taxes:
  • 781.94 CAD/month
  • 360.90 CAD/bi-weekly
  • 180.45 CAD/week
  • 9,383.28 CAD/year
Incl. Ontario Taxes (13%):
  • 883.59 CAD/month
  • 407.81 CAD/bi-weekly
  • 203.91 CAD/week
  • 10,603.11 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: 17,788 ~ 18,688 CAD

compared to leasing a BRAND NEW:

  • Nissan 370z Nismo Edition
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,055
This Contract (CAD/month) 782
Monthly Difference 274 CAD/month
Remaining Term x 62 months
Total Monthly Difference = 16,988 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 17,788 ~ 18,688

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 71,920 CAD
  • Total Vehicle Debt: 51,590 CAD
  • Paid so Far: -20,330 CAD (-40% Paid)
  • Remaining Lease Payments: 48,480 CAD
  • Residual Value: 23,440 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -20,330 CAD Total Vehicle Value: 51,590 CAD
-40% Paid
140%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 48,480 CAD
Term Paid so Far: -20,330 CAD Residual Value: 23,440 CAD
0%
-40%
94%
46%
Cost to Own
Already Paid: -20,330 CAD (-40%)
Cash Incentive: 0 CAD Buyout Price Today: 71,920 CAD
-40% Paid
0%
140%
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: 71,920 CAD

  • 4.9%Interest Rate x 48 months
  • 1,653 CAD/month + tax
  • Total Payable: 79,345 CAD
  • Total Interest: 7,425 CAD
  • 8.9%Interest Rate x 48 months
  • 1,786 CAD/month + tax
  • Total Payable: 85,743 CAD
  • Total Interest: 13,823 CAD
  • 14.9%Interest Rate x 48 months
  • 1,998 CAD/month + tax
  • Total Payable: 95,901 CAD
  • Total Interest: 23,981 CAD

At the end of the Lease Contract

Residual Value: 23,440 CAD (in 62 months)

  • 4.9%Interest Rate x 48 months
  • 539 CAD/month + tax
  • Total Payable: 25,860 CAD
  • Total Interest: 2,420 CAD
  • 8.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,945 CAD
  • Total Interest: 4,505 CAD
  • 14.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,256 CAD
  • Total Interest: 7,816 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)
76.95
  • + tax
  • + fuel
  • + insurance
(or 0.77CAD per km)
Time Analysis
Cost per day: (CAD)
25.71
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
234.49
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD