Payment Analysis
513.82CAD/monthin Hamilton, ON
- 513.82 CAD/month
- 237.15 CAD/bi-weekly
- 118.57 CAD/week
- 6,165.84 CAD/year
Before Taxes:
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:
6,930 CAD
compared to leasing a BRAND NEW:
- Honda Civic Type R
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 898 |
|---|---|
| This Contract (CAD/month) | 514 |
| Monthly Difference | 385 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 6,930 CAD |
| Total Savings (CAD) | = 6,930 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
32,595 CAD
- Total Vehicle Debt: 53,698 CAD
- Paid so Far: 21,104 CAD (39% Paid)
- Remaining Lease Payments: 9,249 CAD
- Residual Value: 23,346 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,104 CAD Total Vehicle Value: 53,698 CAD
Vehicle Debt Breakdown
Downpayment: 8,772 CAD Remaining Term: 9,249 CAD
Term Paid so Far: 12,332 CAD Residual Value: 23,346 CAD
Cost to Own
Already Paid: 21,104 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 32,595 CAD
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: 32,595 CAD
- 4.9%Interest Rate x 48 months
- 749 CAD/month + tax
- Total Payable: 35,960 CAD
- Total Interest: 3,365 CAD
- 8.9%Interest Rate x 48 months
- 810 CAD/month + tax
- Total Payable: 38,860 CAD
- Total Interest: 6,265 CAD
- 14.9%Interest Rate x 48 months
- 905 CAD/month + tax
- Total Payable: 43,463 CAD
- Total Interest: 10,869 CAD
At the end of the Lease Contract
Residual Value: 23,346 CAD (in 18 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)
15.68
- + tax
- + fuel
- + insurance
- 30.83CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
16.89
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
756.41
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2019)
