Payment Analysis

300.00CAD/monthin North York, ON
    Before Taxes:
  • 300.00 CAD/month
  • 138.46 CAD/bi-weekly
  • 69.23 CAD/week
  • 3,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 339.00 CAD/month
  • 156.46 CAD/bi-weekly
  • 78.23 CAD/week
  • 4,068.00 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: 975 CAD

compared to leasing a BRAND NEW:

  • Nissan Kicks SR
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 365
This Contract (CAD/month) 300
Monthly Difference 65 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 975 CAD
Total Savings (CAD) = 975

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,000 CAD
  • Total Vehicle Debt: 30,500 CAD
  • Paid so Far: 17,500 CAD (57% Paid)
  • Remaining Lease Payments: 4,500 CAD
  • Residual Value: 8,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,500 CAD Total Vehicle Value: 30,500 CAD
57% Paid
43%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 4,500 CAD
Term Paid so Far: 13,500 CAD Residual Value: 8,500 CAD
13%
44%
14%
29%
Cost to Own
Already Paid: 17,500 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 13,000 CAD
57% Paid
0%
43%
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: 13,000 CAD

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 CAD

At the end of the Lease Contract

Residual Value: 8,500 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 195 CAD/month + tax
  • Total Payable: 9,377 CAD
  • Total Interest: 877 CAD
  • 8.9%Interest Rate x 48 months
  • 211 CAD/month + tax
  • Total Payable: 10,134 CAD
  • Total Interest: 1,634 CAD
  • 14.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,334 CAD
  • Total Interest: 2,834 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)
4.63
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 18.00CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
9.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,493.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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