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Transfer Details

Honda Lease Takeover in Welland: 2021 Honda CIVIC LX CVT 2WD ID:#31149
SAVE ~100 CAD
CAD/month x 6 months
2021 Honda CIVIC LX (ID: #31149)
248
Welland, ON
2021 Honda

CIVIC LX CVT 2WD

Payment Details
  • Current Payment: 248 CAD/month + tax
  • Residual Value: 9,360 CAD
  • Months to End: 6 months (Jul, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10 km total
  • Available Now: 199,980 km/year (16,665 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km

Payment Analysis

248.00CAD/monthin Welland, ON
    Before Taxes:
  • 248.00 CAD/month
  • 114.46 CAD/bi-weekly
  • 57.23 CAD/week
  • 2,976.00 CAD/year
Incl. Ontario Taxes (13%):
  • 280.24 CAD/month
  • 129.34 CAD/bi-weekly
  • 64.67 CAD/week
  • 3,362.88 CAD/year

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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: 96 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX CVT 2WD
  • for 60 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 264
This Contract (CAD/month) 248
Monthly Difference 16 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 96 CAD
Total Savings (CAD) = 96

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,848 CAD
  • Total Vehicle Debt: 24,240 CAD
  • Paid so Far: 13,392 CAD (55% Paid)
  • Remaining Lease Payments: 1,488 CAD
  • Residual Value: 9,360 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,392 CAD Total Vehicle Value: 24,240 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,488 CAD
Term Paid so Far: 13,392 CAD Residual Value: 9,360 CAD
0%
55%
6%
39%
Cost to Own
Already Paid: 13,392 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 10,848 CAD
55% Paid
0%
45%
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: 10,848 CAD

  • 4.9%Interest Rate x 48 months
  • 249 CAD/month + tax
  • Total Payable: 11,968 CAD
  • Total Interest: 1,120 CAD
  • 8.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,933 CAD
  • Total Interest: 2,085 CAD
  • 14.9%Interest Rate x 48 months
  • 301 CAD/month + tax
  • Total Payable: 14,465 CAD
  • Total Interest: 3,617 CAD

At the end of the Lease Contract

Residual Value: 9,360 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 215 CAD/month + tax
  • Total Payable: 10,326 CAD
  • Total Interest: 966 CAD
  • 8.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,159 CAD
  • Total Interest: 1,799 CAD
  • 14.9%Interest Rate x 48 months
  • 260 CAD/month + tax
  • Total Payable: 12,481 CAD
  • Total Interest: 3,121 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)
1.49
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 14.88CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
8.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,845.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2021)

Seller Contact Info

This Contract was Already Transferred.

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