Payment Analysis
260.00CAD/monthin Surrey, BC
- 260.00 CAD/month
- 120.00 CAD/bi-weekly
- 60.00 CAD/week
- 3,120.00 CAD/year
Before Taxes:
Incl. B.C. Taxes (12%):
- 291.20 CAD/month
- 134.40 CAD/bi-weekly
- 67.20 CAD/week
- 3,494.40 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:
971 ~ 1,871 CAD
compared to leasing a BRAND NEW:
- Nissan Micra SV
- for 48 months
- in B.C.
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 269 |
|---|---|
| This Contract (CAD/month) | 260 |
| Monthly Difference | 9 CAD/month |
| Remaining Term | x 19 months |
| Total Monthly Difference | = 171 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 971 ~ 1,871 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
9,640 CAD
- Total Vehicle Debt: 20,300 CAD
- Paid so Far: 10,660 CAD (52% Paid)
- Remaining Lease Payments: 4,940 CAD
- Residual Value: 4,700 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,660 CAD Total Vehicle Value: 20,300 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,940 CAD
Term Paid so Far: 10,660 CAD Residual Value: 4,700 CAD
Cost to Own
Already Paid: 10,660 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 9,640 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: 9,640 CAD
- 4.9%Interest Rate x 48 months
- 222 CAD/month + tax
- Total Payable: 10,635 CAD
- Total Interest: 995 CAD
- 8.9%Interest Rate x 48 months
- 239 CAD/month + tax
- Total Payable: 11,493 CAD
- Total Interest: 1,853 CAD
- 14.9%Interest Rate x 48 months
- 268 CAD/month + tax
- Total Payable: 12,854 CAD
- Total Interest: 3,214 CAD
At the end of the Lease Contract
Residual Value: 4,700 CAD (in 19 months)
- 4.9%Interest Rate x 48 months
- 108 CAD/month + tax
- Total Payable: 5,185 CAD
- Total Interest: 485 CAD
- 8.9%Interest Rate x 48 months
- 117 CAD/month + tax
- Total Payable: 5,603 CAD
- Total Interest: 903 CAD
- 14.9%Interest Rate x 48 months
- 131 CAD/month + tax
- Total Payable: 6,267 CAD
- Total Interest: 1,567 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)
6.23
- + tax
- + fuel
- + insurance
- 15.60CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
8.55
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
963.52
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2018)
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