Payment Analysis

513.82CAD/monthin Hamilton, ON
    Before Taxes:
  • 513.82 CAD/month
  • 237.15 CAD/bi-weekly
  • 118.57 CAD/week
  • 6,165.84 CAD/year
Incl. Ontario Taxes (13%):
  • 580.62 CAD/month
  • 267.98 CAD/bi-weekly
  • 133.99 CAD/week
  • 6,967.40 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: 16,170 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Type R
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 898
This Contract (CAD/month) 514
Monthly Difference 385 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 16,170 CAD
Total Savings (CAD) = 16,170

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 44,926 CAD
  • Total Vehicle Debt: 53,698 CAD
  • Paid so Far: 8,772 CAD (16% Paid)
  • Remaining Lease Payments: 21,580 CAD
  • Residual Value: 23,346 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,772 CAD Total Vehicle Value: 53,698 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 8,772 CAD Remaining Term: 21,580 CAD
Term Paid so Far: 0 CAD Residual Value: 23,346 CAD
16%
0%
40%
44%
Cost to Own
Already Paid: 8,772 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 44,926 CAD
16% Paid
0%
84%
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: 44,926 CAD

  • 4.9%Interest Rate x 48 months
  • 1,033 CAD/month + tax
  • Total Payable: 49,564 CAD
  • Total Interest: 4,638 CAD
  • 8.9%Interest Rate x 48 months
  • 1,116 CAD/month + tax
  • Total Payable: 53,561 CAD
  • Total Interest: 8,635 CAD
  • 14.9%Interest Rate x 48 months
  • 1,248 CAD/month + tax
  • Total Payable: 59,907 CAD
  • Total Interest: 14,980 CAD

At the end of the Lease Contract

Residual Value: 23,346 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,756 CAD
  • Total Interest: 2,410 CAD
  • 8.9%Interest Rate x 48 months
  • 580 CAD/month + tax
  • Total Payable: 27,833 CAD
  • Total Interest: 4,487 CAD
  • 14.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,131 CAD
  • Total Interest: 7,785 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)
36.58
  • + tax
  • + fuel
  • + insurance
(or 0.37CAD per km)
Time Analysis
Cost per day: (CAD)
16.89
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
324.18
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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  • Residual Value: 28,710 CAD
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  • Current Odometer: 50,500 km total
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