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Transfer Details

Honda Lease Takeover in Calgary, Alberta: 2020 Honda Civic Touring Automatic 2WD
SAVE ~600 CAD
CAD/month x 11 months
2020 Honda Civic Touring (ID: #32842)
371
Calgary, Alberta
2020 Honda

Civic Touring Automatic 2WD 56000

Payment Details
  • Current Payment: 371 CAD/month + tax
  • Residual Value: 13,000 CAD
  • Months to End: 11 months (Jul, 2024)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 40,500 km total
  • Available Now: 60,545 km/year (5,045 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.08 CAD/km

Payment Analysis

371.48CAD/monthin Calgary, Alberta
    Before Taxes:
  • 371.48 CAD/month
  • 171.45 CAD/bi-weekly
  • 85.73 CAD/week
  • 4,457.76 CAD/year
Incl. Alberta Taxes (5%):
  • 390.05 CAD/month
  • 180.02 CAD/bi-weekly
  • 90.01 CAD/week
  • 4,680.65 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: 561 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan SPORT
  • for 36 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 422
This Contract (CAD/month) 371
Monthly Difference 51 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 561 CAD
Total Savings (CAD) = 561

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,086 CAD
  • Total Vehicle Debt: 30,831 CAD
  • Paid so Far: 13,745 CAD (44% Paid)
  • Remaining Lease Payments: 4,086 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,745 CAD Total Vehicle Value: 30,831 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,086 CAD
Term Paid so Far: 13,745 CAD Residual Value: 13,000 CAD
0%
44%
13%
43%
Cost to Own
Already Paid: 13,745 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 17,086 CAD
44% Paid
0%
56%
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: 17,086 CAD

  • 4.9%Interest Rate x 48 months
  • 393 CAD/month + tax
  • Total Payable: 18,850 CAD
  • Total Interest: 1,764 CAD
  • 8.9%Interest Rate x 48 months
  • 424 CAD/month + tax
  • Total Payable: 20,370 CAD
  • Total Interest: 3,284 CAD
  • 14.9%Interest Rate x 48 months
  • 475 CAD/month + tax
  • Total Payable: 22,784 CAD
  • Total Interest: 5,697 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 11 months)

  • 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

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)
7.36
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 18.57CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
12.21
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,164.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 461.54km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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