Payment Analysis
271.68CAD/monthin Markham, ON
- 271.68 CAD/month
- 125.39 CAD/bi-weekly
- 62.70 CAD/week
- 3,260.16 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 307.00 CAD/month
- 141.69 CAD/bi-weekly
- 70.85 CAD/week
- 3,683.98 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:
477 CAD
compared to leasing a BRAND NEW:
- Nissan Sentra SV
- for 39 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 270 |
---|---|
This Contract (CAD/month) | 272 |
Monthly Difference | -1 CAD/month |
Remaining Term | x 23 months |
Total Monthly Difference | = -23 CAD |
+ Cash Incentive** (CAD) | + 500 |
Total Savings (CAD) | = 477 |
** "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:
15,072 CAD
- Total Vehicle Debt: 22,364 CAD
- Paid so Far: 6,792 CAD (30% Paid)
- Remaining Lease Payments: 6,249 CAD
- Residual Value: 9,323 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 6,792 CAD Total Vehicle Value: 22,364 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,249 CAD
Term Paid so Far: 6,792 CAD Residual Value: 9,323 CAD
Cost to Own
Already Paid: 6,792 CAD (30%)
Cash Incentive: 500 CAD Buyout Price Today: 15,072 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: 15,072 CAD
- 4.9%Interest Rate x 48 months
- 346 CAD/month + tax
- Total Payable: 16,628 CAD
- Total Interest: 1,556 CAD
- 8.9%Interest Rate x 48 months
- 374 CAD/month + tax
- Total Payable: 17,968 CAD
- Total Interest: 2,897 CAD
- 14.9%Interest Rate x 48 months
- 419 CAD/month + tax
- Total Payable: 20,097 CAD
- Total Interest: 5,026 CAD
At the end of the Lease Contract
Residual Value: 9,323 CAD (in 23 months)
- 4.9%Interest Rate x 48 months
- 214 CAD/month + tax
- Total Payable: 10,285 CAD
- Total Interest: 962 CAD
- 8.9%Interest Rate x 48 months
- 232 CAD/month + tax
- Total Payable: 11,115 CAD
- Total Interest: 1,792 CAD
- 14.9%Interest Rate x 48 months
- 259 CAD/month + tax
- Total Payable: 12,432 CAD
- Total Interest: 3,109 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)
8.27
- + tax
- + fuel
- + insurance
- 8.99CAD/100km (TODAY without the Cash Incentive)
- 16.30CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
8.22
- + tax
- + insurance
- + km driven & fuel
- 8.93CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
697.32
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2018)