This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 2,000 cash
SAVE ~27,700 CAD
CAD/month x 29 months
Transferred/Sold
2018 Nissan Armada Platinum Reserve (ID: #12015)
851
Toronto, ON
2018 Nissan
Armada Platinum Reserve Automatic AWD Navigation & Rear Entertainment Package
Payment Details
- Current Payment: 851 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 782 CAD/month + tax
- Residual Value: 32,318 CAD
- Months to End: 29 months (Sep, 2022)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 25,200 km total
- Available Now: 29,297 km/year (2,441 per month)
- Excess Km Cost: 0.10 CAD/km
Deal Special Perks
Payment Analysis
851.09CAD/monthin Toronto, ON
- 851.09 CAD/month
- 392.81 CAD/bi-weekly
- 196.41 CAD/week
- 10,213.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 961.73 CAD/month
- 443.88 CAD/bi-weekly
- 221.94 CAD/week
- 11,540.78 CAD/year
Estimate Insurance Costs
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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:
27,694 CAD
compared to leasing a BRAND NEW:
- Nissan Armada® Platinum
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,737 |
|---|---|
| This Contract (CAD/month) | 851 |
| Monthly Difference | 886 CAD/month |
| Remaining Term | x 29 months |
| Total Monthly Difference | = 25,694 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| Total Savings (CAD) | = 27,694 |
| ** "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:
55,000 CAD
- Total Vehicle Debt: 73,171 CAD
- Paid so Far: 16,171 CAD (22% Paid)
- Remaining Lease Payments: 24,682 CAD
- Residual Value: 32,318 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 16,171 CAD Total Vehicle Value: 73,171 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,682 CAD
Term Paid so Far: 16,171 CAD Residual Value: 32,318 CAD
Cost to Own
Already Paid: 16,171 CAD (22%)
Cash Incentive: 2,000 CAD Buyout Price Today: 55,000 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: 55,000 CAD
- 4.9%Interest Rate x 48 months
- 1,264 CAD/month + tax
- Total Payable: 60,678 CAD
- Total Interest: 5,678 CAD
- 8.9%Interest Rate x 48 months
- 1,366 CAD/month + tax
- Total Payable: 65,571 CAD
- Total Interest: 10,571 CAD
- 14.9%Interest Rate x 48 months
- 1,528 CAD/month + tax
- Total Payable: 73,339 CAD
- Total Interest: 18,339 CAD
At the end of the Lease Contract
Residual Value: 32,318 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 743 CAD/month + tax
- Total Payable: 35,655 CAD
- Total Interest: 3,336 CAD
- 8.9%Interest Rate x 48 months
- 803 CAD/month + tax
- Total Payable: 38,530 CAD
- Total Interest: 6,212 CAD
- 14.9%Interest Rate x 48 months
- 898 CAD/month + tax
- Total Payable: 43,095 CAD
- Total Interest: 10,776 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)
32.04
- + tax
- + fuel
- + insurance
- 34.86CAD/100km (TODAY without the Cash Incentive)
- 42.55CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
25.71
- + tax
- + insurance
- + km driven & fuel
- 27.98CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
563.40
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Sep, 2018)
Seller Contact Info
This Contract was Already Transferred.
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