Payment Analysis

347.35CAD/monthin Toronto, ON
    Before Taxes:
  • 347.35 CAD/month
  • 160.32 CAD/bi-weekly
  • 80.16 CAD/week
  • 4,168.20 CAD/year
Incl. Ontario Taxes (13%):
  • 392.51 CAD/month
  • 181.16 CAD/bi-weekly
  • 90.58 CAD/week
  • 4,710.07 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: 51,045 ~ 51,945 CAD

compared to leasing a BRAND NEW:

  • Nissan Murano SV
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,120
This Contract (CAD/month) 347
Monthly Difference 773 CAD/month
Remaining Term x 65 months
Total Monthly Difference = 50,245 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 51,045 ~ 51,945

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,475 CAD
  • Total Vehicle Debt: 38,397 CAD
  • Paid so Far: -1,078 CAD (-3% Paid)
  • Remaining Lease Payments: 22,578 CAD
  • Residual Value: 16,897 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -1,078 CAD Total Vehicle Value: 38,397 CAD
-3% Paid
103%
Vehicle Debt Breakdown
Downpayment: 4,827 CAD Remaining Term: 22,578 CAD
Term Paid so Far: -5,905 CAD Residual Value: 16,897 CAD
13%
-16%
58%
45%
Cost to Own
Already Paid: -1,078 CAD (-3%)
Cash Incentive: 0 CAD Buyout Price Today: 39,475 CAD
-3% Paid
0%
103%
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: 39,475 CAD

  • 4.9%Interest Rate x 48 months
  • 907 CAD/month + tax
  • Total Payable: 43,550 CAD
  • Total Interest: 4,075 CAD
  • 8.9%Interest Rate x 48 months
  • 980 CAD/month + tax
  • Total Payable: 47,062 CAD
  • Total Interest: 7,587 CAD
  • 14.9%Interest Rate x 48 months
  • 1,097 CAD/month + tax
  • Total Payable: 52,638 CAD
  • Total Interest: 13,163 CAD

At the end of the Lease Contract

Residual Value: 16,897 CAD (in 65 months)

  • 4.9%Interest Rate x 48 months
  • 388 CAD/month + tax
  • Total Payable: 18,642 CAD
  • Total Interest: 1,744 CAD
  • 8.9%Interest Rate x 48 months
  • 420 CAD/month + tax
  • Total Payable: 20,145 CAD
  • Total Interest: 3,248 CAD
  • 14.9%Interest Rate x 48 months
  • 469 CAD/month + tax
  • Total Payable: 22,531 CAD
  • Total Interest: 5,634 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)
58.31
  • + tax
  • + fuel
  • + insurance
(or 0.58CAD per km)
Time Analysis
Cost per day: (CAD)
11.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
137.47
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

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