Payment Analysis

442.00CAD/monthin Waterloo, ON
    Before Taxes:
  • 442.00 CAD/month
  • 204.00 CAD/bi-weekly
  • 102.00 CAD/week
  • 5,304.00 CAD/year
Incl. Ontario Taxes (13%):
  • 499.46 CAD/month
  • 230.52 CAD/bi-weekly
  • 115.26 CAD/week
  • 5,993.52 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: 3,943 CAD

compared to leasing a BRAND NEW:

  • Nissan Pathfinder S
  • for 48 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 483
This Contract (CAD/month) 442
Monthly Difference 41 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 943 CAD
+ Cash Incentive** (CAD) + 3,000
Total Savings (CAD) = 3,943
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,931 CAD
  • Total Vehicle Debt: 39,285 CAD
  • Paid so Far: 16,354 CAD (41% Paid)
  • Remaining Lease Payments: 10,166 CAD
  • Residual Value: 12,765 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 16,354 CAD Total Vehicle Value: 39,285 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,166 CAD
Term Paid so Far: 16,354 CAD Residual Value: 12,765 CAD
0%
41%
26%
33%
Cost to Own
Already Paid: 16,354 CAD (41%)
Cash Incentive: 3,000 CAD Buyout Price Today: 19,931 CAD
41% Paid
7%
52%
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: 19,931 CAD

  • 4.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 21,989 CAD
  • Total Interest: 2,058 CAD
  • 8.9%Interest Rate x 48 months
  • 495 CAD/month + tax
  • Total Payable: 23,762 CAD
  • Total Interest: 3,831 CAD
  • 14.9%Interest Rate x 48 months
  • 554 CAD/month + tax
  • Total Payable: 26,577 CAD
  • Total Interest: 6,646 CAD

At the end of the Lease Contract

Residual Value: 12,765 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 293 CAD/month + tax
  • Total Payable: 14,083 CAD
  • Total Interest: 1,318 CAD
  • 8.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,218 CAD
  • Total Interest: 2,453 CAD
  • 14.9%Interest Rate x 48 months
  • 355 CAD/month + tax
  • Total Payable: 17,021 CAD
  • Total Interest: 4,256 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)
6.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 9.59CAD/100km (TODAY without the Cash Incentive)
  • 22.10CAD/100km (Original Contract back in May, 2017)
Time Analysis
Cost per day: (CAD)
10.24
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 14.53CAD/day (Original Contract back in May, 2017)
Remaining Km
Can be driven up to:
1,063.55
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 461.54km/week (Contract Original back in May, 2017)

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