Payment Analysis

286.73CAD/monthin Mississauga, ON
    Before Taxes:
  • 286.73 CAD/month
  • 132.34 CAD/bi-weekly
  • 66.17 CAD/week
  • 3,440.76 CAD/year
Incl. Ontario Taxes (13%):
  • 324.00 CAD/month
  • 149.54 CAD/bi-weekly
  • 74.77 CAD/week
  • 3,888.06 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: 23,306 ~ 24,206 CAD

compared to leasing a BRAND NEW:

  • Honda Civic EX CVT
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 649
This Contract (CAD/month) 287
Monthly Difference 363 CAD/month
Remaining Term x 62 months
Total Monthly Difference = 22,506 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 23,306 ~ 24,206

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,244 CAD
  • Total Vehicle Debt: 25,230 CAD
  • Paid so Far: -4,014 CAD (-16% Paid)
  • Remaining Lease Payments: 17,777 CAD
  • Residual Value: 11,467 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -4,014 CAD Total Vehicle Value: 25,230 CAD
-16% Paid
116%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,777 CAD
Term Paid so Far: -4,014 CAD Residual Value: 11,467 CAD
0%
-16%
70%
46%
Cost to Own
Already Paid: -4,014 CAD (-16%)
Cash Incentive: 0 CAD Buyout Price Today: 29,244 CAD
-16% Paid
0%
116%
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: 29,244 CAD

  • 4.9%Interest Rate x 48 months
  • 672 CAD/month + tax
  • Total Payable: 32,263 CAD
  • Total Interest: 3,019 CAD
  • 8.9%Interest Rate x 48 months
  • 726 CAD/month + tax
  • Total Payable: 34,865 CAD
  • Total Interest: 5,621 CAD
  • 14.9%Interest Rate x 48 months
  • 812 CAD/month + tax
  • Total Payable: 38,996 CAD
  • Total Interest: 9,751 CAD

At the end of the Lease Contract

Residual Value: 11,467 CAD (in 62 months)

  • 4.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,651 CAD
  • Total Interest: 1,184 CAD
  • 8.9%Interest Rate x 48 months
  • 285 CAD/month + tax
  • Total Payable: 13,671 CAD
  • Total Interest: 2,204 CAD
  • 14.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,291 CAD
  • Total Interest: 3,824 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)
54.70
  • + tax
  • + fuel
  • + insurance
(or 0.55CAD per km)
Time Analysis
Cost per day: (CAD)
9.43
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
120.97
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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