Payment Analysis

332.15CAD/monthin Oakville, ON
    Before Taxes:
  • 332.15 CAD/month
  • 153.30 CAD/bi-weekly
  • 76.65 CAD/week
  • 3,985.80 CAD/year
Incl. Ontario Taxes (13%):
  • 375.33 CAD/month
  • 173.23 CAD/bi-weekly
  • 86.61 CAD/week
  • 4,503.95 CAD/year

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: 3,328 ~ 4,228 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan EX CVT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 411
This Contract (CAD/month) 332
Monthly Difference 79 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 2,528 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,328 ~ 4,228

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,045 CAD
  • Total Vehicle Debt: 27,360 CAD
  • Paid so Far: 5,314 CAD (19% Paid)
  • Remaining Lease Payments: 10,629 CAD
  • Residual Value: 11,416 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,314 CAD Total Vehicle Value: 27,360 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,629 CAD
Term Paid so Far: 5,314 CAD Residual Value: 11,416 CAD
0%
19%
39%
42%
Cost to Own
Already Paid: 5,314 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 22,045 CAD
19% Paid
0%
81%
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: 22,045 CAD

  • 4.9%Interest Rate x 48 months
  • 507 CAD/month + tax
  • Total Payable: 24,321 CAD
  • Total Interest: 2,276 CAD
  • 8.9%Interest Rate x 48 months
  • 548 CAD/month + tax
  • Total Payable: 26,282 CAD
  • Total Interest: 4,237 CAD
  • 14.9%Interest Rate x 48 months
  • 612 CAD/month + tax
  • Total Payable: 29,396 CAD
  • Total Interest: 7,351 CAD

At the end of the Lease Contract

Residual Value: 11,416 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 262 CAD/month + tax
  • Total Payable: 12,595 CAD
  • Total Interest: 1,179 CAD
  • 8.9%Interest Rate x 48 months
  • 284 CAD/month + tax
  • Total Payable: 13,611 CAD
  • Total Interest: 2,194 CAD
  • 14.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,223 CAD
  • Total Interest: 3,807 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)
14.42
  • + tax
  • + fuel
  • + insurance
(or 0.14CAD per km)
  • 19.93CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
10.92
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
531.71
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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