Honda Lease Takeover in Mississauga, ON: 2017 Honda Civic EX Automatique 2WD ID:#12971 • LeaseCosts Canada

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: 13,505 ~ 14,405 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 35 months
Total Monthly Difference	= 12,705 CAD
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 13,505 ~ 14,405

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,503 CAD

Total Vehicle Debt: 25,230 CAD
Paid so Far: 3,727 CAD (14% Paid)
Remaining Lease Payments: 10,036 CAD
Residual Value: 11,467 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 3,727 CAD Total Vehicle Value: 25,230 CAD

14% Paid

86%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 10,036 CAD

Term Paid so Far: 3,727 CAD Residual Value: 11,467 CAD

14%

40%

46%

Cost to Own

Already Paid: 3,727 CAD (14%)

Cash Incentive: 0 CAD Buyout Price Today: 21,503 CAD

14% Paid

86%

Additional Financing Details

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: 21,503 CAD

4.9%Interest Rate x 48 months
494 CAD/month + tax
Total Payable: 23,722 CAD
Total Interest: 2,220 CAD

8.9%Interest Rate x 48 months
534 CAD/month + tax
Total Payable: 25,635 CAD
Total Interest: 4,133 CAD

14.9%Interest Rate x 48 months
597 CAD/month + tax
Total Payable: 28,672 CAD
Total Interest: 7,170 CAD

At the end of the Lease Contract

Residual Value: 11,467 CAD (in 35 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)