Payment Analysis

256.22CAD/monthin Brantford, ON
    Before Taxes:
  • 256.22 CAD/month
  • 118.26 CAD/bi-weekly
  • 59.13 CAD/week
  • 3,074.64 CAD/year
Incl. Ontario Taxes (13%):
  • 289.53 CAD/month
  • 133.63 CAD/bi-weekly
  • 66.81 CAD/week
  • 3,474.34 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: 3,920 ~ 4,320 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX CVT
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 412
This Contract (CAD/month) 256
Monthly Difference 156 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 3,120 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,920 ~ 4,320

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,990 CAD
  • Total Vehicle Debt: 22,571 CAD
  • Paid so Far: 7,582 CAD (33% Paid)
  • Remaining Lease Payments: 5,124 CAD
  • Residual Value: 9,865 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,582 CAD Total Vehicle Value: 22,571 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 664 CAD Remaining Term: 5,124 CAD
Term Paid so Far: 6,918 CAD Residual Value: 9,865 CAD
2%
31%
22%
45%
Cost to Own
Already Paid: 7,582 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 14,990 CAD
33% Paid
0%
67%
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: 14,990 CAD

  • 4.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,537 CAD
  • Total Interest: 1,547 CAD
  • 8.9%Interest Rate x 48 months
  • 372 CAD/month + tax
  • Total Payable: 17,871 CAD
  • Total Interest: 2,881 CAD
  • 14.9%Interest Rate x 48 months
  • 416 CAD/month + tax
  • Total Payable: 19,988 CAD
  • Total Interest: 4,998 CAD

At the end of the Lease Contract

Residual Value: 9,865 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 227 CAD/month + tax
  • Total Payable: 10,884 CAD
  • Total Interest: 1,018 CAD
  • 8.9%Interest Rate x 48 months
  • 245 CAD/month + tax
  • Total Payable: 11,761 CAD
  • Total Interest: 1,896 CAD
  • 14.9%Interest Rate x 48 months
  • 274 CAD/month + tax
  • Total Payable: 13,155 CAD
  • Total Interest: 3,290 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)
7.84
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 15.37CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
8.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
753.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.