Payment Analysis
256.22CAD/monthin Brantford, ON
- 256.22 CAD/month
- 118.26 CAD/bi-weekly
- 59.13 CAD/week
- 3,074.64 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 664 CAD Remaining Term: 5,124 CAD
Term Paid so Far: 6,918 CAD Residual Value: 9,865 CAD
Cost to Own
Already Paid: 7,582 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 14,990 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: 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
- 15.37CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
8.42
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
753.85
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2018)