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Transfer Details

Honda Lease Takeover in Hamilton, ON: 2020 Honda Civic Hatchback w/ Sport Package & Moonroof Automatic 2WD ID:#27559
SAVE ~3,600 CAD
CAD/month x 11 months
2020 Honda Civic Hatchback w/ Sport Package & Moonroof (ID: #27559)
408
Hamilton, ON
2020 Honda

Civic Hatchback w/ Sport Package & Moonroof Automatic 2WD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 408 CAD/month + tax
  • Original Downpayment: 1,991 CAD
  • Residual Value: 12,260 CAD
  • Months to End: 11 months (Jul, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,500 km total
  • Available Now: 71,455 km/year (5,955 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Down Payment
  • 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

408.24CAD/monthin Hamilton, ON
    Before Taxes:
  • 408.24 CAD/month
  • 188.42 CAD/bi-weekly
  • 94.21 CAD/week
  • 4,898.88 CAD/year
Incl. Ontario Taxes (13%):
  • 461.31 CAD/month
  • 212.91 CAD/bi-weekly
  • 106.46 CAD/week
  • 5,535.73 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: 2,975 ~ 4,275 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Hatchback SPORT 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 533
This Contract (CAD/month) 408
Monthly Difference 125 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 1,375 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,975 ~ 4,275

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,750 CAD
  • Total Vehicle Debt: 33,846 CAD
  • Paid so Far: 17,096 CAD (50% Paid)
  • Remaining Lease Payments: 4,491 CAD
  • Residual Value: 12,260 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,096 CAD Total Vehicle Value: 33,846 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 1,991 CAD Remaining Term: 4,491 CAD
Term Paid so Far: 15,105 CAD Residual Value: 12,260 CAD
5%
45%
13%
37%
Cost to Own
Already Paid: 17,096 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 16,750 CAD
50% Paid
0%
50%
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: 16,750 CAD

  • 4.9%Interest Rate x 48 months
  • 385 CAD/month + tax
  • Total Payable: 18,480 CAD
  • Total Interest: 1,729 CAD
  • 8.9%Interest Rate x 48 months
  • 416 CAD/month + tax
  • Total Payable: 19,970 CAD
  • Total Interest: 3,220 CAD
  • 14.9%Interest Rate x 48 months
  • 465 CAD/month + tax
  • Total Payable: 22,336 CAD
  • Total Interest: 5,585 CAD

At the end of the Lease Contract

Residual Value: 12,260 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 282 CAD/month + tax
  • Total Payable: 13,525 CAD
  • Total Interest: 1,266 CAD
  • 8.9%Interest Rate x 48 months
  • 305 CAD/month + tax
  • Total Payable: 14,616 CAD
  • Total Interest: 2,356 CAD
  • 14.9%Interest Rate x 48 months
  • 341 CAD/month + tax
  • Total Payable: 16,348 CAD
  • Total Interest: 4,088 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)
6.86
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 24.49CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
13.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,374.13
  • 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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1,463
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  • Payment After Incentive: 1,275 CAD/month + tax
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  • Contract Allowance: 24,000 km/year
  • Current Odometer: 29,800 km total
  • Available Now: 43,650 km/year (3,638 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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  • Required Payment: 12,000 CAD
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  • Original Downpayment: 4,600 CAD
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  • Residual Value: 31,613 CAD
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