Payment Analysis

268.00CAD/monthin Brampton, ON
    Before Taxes:
  • 268.00 CAD/month
  • 123.69 CAD/bi-weekly
  • 61.85 CAD/week
  • 3,216.00 CAD/year
Incl. Ontario Taxes (13%):
  • 302.84 CAD/month
  • 139.77 CAD/bi-weekly
  • 69.89 CAD/week
  • 3,634.08 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: 1,728 ~ 3,028 CAD

compared to leasing a BRAND NEW:

  • Nissan Sentra SV
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 276
This Contract (CAD/month) 268
Monthly Difference 8 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 128 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,728 ~ 3,028

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,288 CAD
  • Total Vehicle Debt: 22,864 CAD
  • Paid so Far: 8,576 CAD (37% Paid)
  • Remaining Lease Payments: 4,288 CAD
  • Residual Value: 10,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,576 CAD Total Vehicle Value: 22,864 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,288 CAD
Term Paid so Far: 8,576 CAD Residual Value: 10,000 CAD
0%
37%
18%
45%
Cost to Own
Already Paid: 8,576 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 14,288 CAD
37% Paid
0%
63%
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: 14,288 CAD

  • 4.9%Interest Rate x 48 months
  • 328 CAD/month + tax
  • Total Payable: 15,763 CAD
  • Total Interest: 1,475 CAD
  • 8.9%Interest Rate x 48 months
  • 355 CAD/month + tax
  • Total Payable: 17,034 CAD
  • Total Interest: 2,746 CAD
  • 14.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,052 CAD
  • Total Interest: 4,764 CAD

At the end of the Lease Contract

Residual Value: 10,000 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 230 CAD/month + tax
  • Total Payable: 11,032 CAD
  • Total Interest: 1,032 CAD
  • 8.9%Interest Rate x 48 months
  • 248 CAD/month + tax
  • Total Payable: 11,922 CAD
  • Total Interest: 1,922 CAD
  • 14.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,334 CAD
  • Total Interest: 3,334 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)
5.39
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 16.08CAD/100km (Original Contract back in Dec, 2018)
Time Analysis
Cost per day: (CAD)
8.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,147.79
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Dec, 2018)

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