This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,000 cash
Lease Transfer Honda Lease Takeover in Montreal, QC: 2020 Honda DX Manual 2WD
SAVE ~1,200 CAD
CAD/month x 2 months
2020 Honda LX (ID: #27608)
274
Montreal, QC
2020 Honda

LX Manual 2WD w/ Warranty Complete Term

  • Warranty Complete Term
Payment Details
  • Current Payment: 274 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: -226 CAD/month + tax
  • Residual Value: 10,194 CAD
  • Months to End: 2 months (Jun, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 5,300 km total
  • Available Now: 438,200 km/year (36,517 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • All Main Coverages
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

273.96CAD/monthin Montreal, QC
    Before Taxes:
  • 273.96 CAD/month
  • 126.44 CAD/bi-weekly
  • 63.22 CAD/week
  • 3,287.52 CAD/year
Incl. Québec Taxes (14.98%):
  • 315.00 CAD/month
  • 145.38 CAD/bi-weekly
  • 72.69 CAD/week
  • 3,779.99 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: 1,166 CAD

compared to leasing a BRAND NEW:

  • Civic Sedan LX
  • for 36 months
  • in QC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 356
This Contract (CAD/month) 274
Monthly Difference 83 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 166 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 1,166
** "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: 9,742 CAD
  • Total Vehicle Debt: 23,070 CAD
  • Paid so Far: 12,328 CAD (53% Paid)
  • Remaining Lease Payments: 548 CAD
  • Residual Value: 10,194 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 12,328 CAD Total Vehicle Value: 23,070 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 548 CAD
Term Paid so Far: 12,328 CAD Residual Value: 10,194 CAD
0%
53%
2%
45%
Cost to Own
Already Paid: 12,328 CAD (53%)
Cash Incentive: 1,000 CAD Buyout Price Today: 9,742 CAD
53% Paid
4%
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: 9,742 CAD

  • 4.9%Interest Rate x 48 months
  • 224 CAD/month + tax
  • Total Payable: 10,748 CAD
  • Total Interest: 1,006 CAD
  • 8.9%Interest Rate x 48 months
  • 242 CAD/month + tax
  • Total Payable: 11,615 CAD
  • Total Interest: 1,872 CAD
  • 14.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,991 CAD
  • Total Interest: 3,248 CAD

At the end of the Lease Contract

Residual Value: 10,194 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 234 CAD/month + tax
  • Total Payable: 11,247 CAD
  • Total Interest: 1,052 CAD
  • 8.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,154 CAD
  • Total Interest: 1,959 CAD
  • 14.9%Interest Rate x 48 months
  • 283 CAD/month + tax
  • Total Payable: 13,594 CAD
  • Total Interest: 3,399 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)
-0.62
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 0.75CAD/100km (TODAY without the Cash Incentive)
  • 16.44CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
-7.43
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 9.01CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
8,426.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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