Payment Analysis
420.00CAD/monthin Montreal, QC
- 420.00 CAD/month
- 193.85 CAD/bi-weekly
- 96.92 CAD/week
- 5,040.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 482.92 CAD/month
- 222.88 CAD/bi-weekly
- 111.44 CAD/week
- 5,794.99 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:
2,320 ~ 3,620 CAD
compared to leasing a BRAND NEW:
- Nissan SV AWD
- for 39 months
- in British Columbia
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 431 |
---|---|
This Contract (CAD/month) | 420 |
Monthly Difference | 11 CAD/month |
Remaining Term | x 20 months |
Total Monthly Difference | = 220 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,320 ~ 3,620 |
** "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:
27,900 CAD
- Total Vehicle Debt: 40,160 CAD
- Paid so Far: 11,760 CAD (29% Paid)
- Remaining Lease Payments: 8,400 CAD
- Residual Value: 20,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 11,760 CAD Total Vehicle Value: 40,160 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,400 CAD
Term Paid so Far: 11,760 CAD Residual Value: 20,000 CAD
Cost to Own
Already Paid: 11,760 CAD (29%)
Cash Incentive: 500 CAD Buyout Price Today: 27,900 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: 27,900 CAD
- 4.9%Interest Rate x 48 months
- 641 CAD/month + tax
- Total Payable: 30,780 CAD
- Total Interest: 2,880 CAD
- 8.9%Interest Rate x 48 months
- 693 CAD/month + tax
- Total Payable: 33,262 CAD
- Total Interest: 5,362 CAD
- 14.9%Interest Rate x 48 months
- 775 CAD/month + tax
- Total Payable: 37,203 CAD
- Total Interest: 9,303 CAD
At the end of the Lease Contract
Residual Value: 20,000 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 460 CAD/month + tax
- Total Payable: 22,065 CAD
- Total Interest: 2,065 CAD
- 8.9%Interest Rate x 48 months
- 497 CAD/month + tax
- Total Payable: 23,844 CAD
- Total Interest: 3,844 CAD
- 14.9%Interest Rate x 48 months
- 556 CAD/month + tax
- Total Payable: 26,669 CAD
- Total Interest: 6,669 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)
18.37
- + tax
- + fuel
- + insurance
- 19.53CAD/100km (TODAY without the Cash Incentive)
- 25.20CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
12.99
- + tax
- + insurance
- + km driven & fuel
- 13.81CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
496.15
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2018)
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- Current Odometer: 44,000 km total
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