Payment Analysis

420.00CAD/monthin Montreal, QC
    Before Taxes:
  • 420.00 CAD/month
  • 193.85 CAD/bi-weekly
  • 96.92 CAD/week
  • 5,040.00 CAD/year
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
Savings Breakdown:
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
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,400 CAD
Term Paid so Far: 11,760 CAD Residual Value: 20,000 CAD
0%
29%
21%
50%
Cost to Own
Already Paid: 11,760 CAD (29%)
Cash Incentive: 500 CAD Buyout Price Today: 27,900 CAD
29% Paid
1%
70%
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
(inlcuding the 500CAD incentive)
  • 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
(inlcuding the 500CAD incentive)
  • 13.81CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
496.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

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