Payment Analysis
415.00CAD/monthin Mississauga, ON
- 415.00 CAD/month
- 191.54 CAD/bi-weekly
- 95.77 CAD/week
- 4,980.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 468.95 CAD/month
- 216.44 CAD/bi-weekly
- 108.22 CAD/week
- 5,627.40 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:
2,418 ~ 3,718 CAD
compared to leasing a BRAND NEW:
- Nissan Rouge S
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 428 |
|---|---|
| This Contract (CAD/month) | 415 |
| Monthly Difference | 13 CAD/month |
| Remaining Term | x 31 months |
| Total Monthly Difference | = 403 CAD |
| + Cash Incentive** (CAD) | + 415 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,418 ~ 3,718 |
| ** "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:
26,450 CAD
- Total Vehicle Debt: 30,440 CAD
- Paid so Far: 3,575 CAD (11% Paid)
- Remaining Lease Payments: 12,865 CAD
- Residual Value: 14,000 CAD
- Cash Incentive: 415 CAD
Vehicle Debt & Value
Paid so far: 3,575 CAD Total Vehicle Value: 30,440 CAD
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 12,865 CAD
Term Paid so Far: 2,075 CAD Residual Value: 14,000 CAD
Cost to Own
Already Paid: 3,575 CAD (11%)
Cash Incentive: 415 CAD Buyout Price Today: 26,450 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: 26,450 CAD
- 4.9%Interest Rate x 48 months
- 608 CAD/month + tax
- Total Payable: 29,181 CAD
- Total Interest: 2,731 CAD
- 8.9%Interest Rate x 48 months
- 657 CAD/month + tax
- Total Payable: 31,534 CAD
- Total Interest: 5,084 CAD
- 14.9%Interest Rate x 48 months
- 735 CAD/month + tax
- Total Payable: 35,270 CAD
- Total Interest: 8,820 CAD
At the end of the Lease Contract
Residual Value: 14,000 CAD (in 31 months)
- 4.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,445 CAD
- Total Interest: 1,445 CAD
- 8.9%Interest Rate x 48 months
- 348 CAD/month + tax
- Total Payable: 16,691 CAD
- Total Interest: 2,691 CAD
- 14.9%Interest Rate x 48 months
- 389 CAD/month + tax
- Total Payable: 18,668 CAD
- Total Interest: 4,668 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)
22.64
- + tax
- + fuel
- + insurance
- 23.39CAD/100km (TODAY without the Cash Incentive)
- 24.90CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
13.20
- + tax
- + insurance
- + km driven & fuel
- 13.64CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
409.43
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2018)
