This Vehicle is Sold


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Transfer Details

Honda Lease Takeover in Toronto: 2018 Honda Civic SE Automatic 2WD ID:#31541
SAVE ~7,600 CAD
CAD/month x 24 months
2018 Honda Civic SE (ID: #31541)
251
Toronto, ON
2018 Honda

Civic SE Automatic 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 251 CAD/month + tax
  • Original Downpayment: 3,500 CAD
  • Residual Value: 8,771 CAD
  • Months to End: 24 months (Sep, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 41,200 km total
  • Available Now: 28,567 km/year (2,381 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Large Down Payment
  • All Main Coverages
  • Lots of FREE Available Km
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

251.33CAD/monthin Toronto, ON
    Before Taxes:
  • 251.33 CAD/month
  • 116.00 CAD/bi-weekly
  • 58.00 CAD/week
  • 3,015.96 CAD/year
Incl. Ontario Taxes (13%):
  • 284.00 CAD/month
  • 131.08 CAD/bi-weekly
  • 65.54 CAD/week
  • 3,408.03 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: 7,160 ~ 8,060 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan EX
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 516
This Contract (CAD/month) 251
Monthly Difference 265 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 6,360 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,160 ~ 8,060

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,803 CAD
  • Total Vehicle Debt: 27,100 CAD
  • Paid so Far: 12,297 CAD (45% Paid)
  • Remaining Lease Payments: 6,032 CAD
  • Residual Value: 8,771 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,297 CAD Total Vehicle Value: 27,100 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 6,032 CAD
Term Paid so Far: 8,797 CAD Residual Value: 8,771 CAD
12%
33%
22%
33%
Cost to Own
Already Paid: 12,297 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 14,803 CAD
45% Paid
0%
55%
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: 14,803 CAD

  • 4.9%Interest Rate x 48 months
  • 340 CAD/month + tax
  • Total Payable: 16,331 CAD
  • Total Interest: 1,528 CAD
  • 8.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,648 CAD
  • Total Interest: 2,845 CAD
  • 14.9%Interest Rate x 48 months
  • 411 CAD/month + tax
  • Total Payable: 19,739 CAD
  • Total Interest: 4,936 CAD

At the end of the Lease Contract

Residual Value: 8,771 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 202 CAD/month + tax
  • Total Payable: 9,677 CAD
  • Total Interest: 905 CAD
  • 8.9%Interest Rate x 48 months
  • 218 CAD/month + tax
  • Total Payable: 10,457 CAD
  • Total Interest: 1,686 CAD
  • 14.9%Interest Rate x 48 months
  • 244 CAD/month + tax
  • Total Payable: 11,696 CAD
  • Total Interest: 2,925 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)
10.56
  • + tax
  • + fuel
  • + insurance
(or 0.11CAD per km)
  • 15.08CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
8.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
549.36
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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