Payment Analysis

362.00CAD/monthin Guelpg, ON
    Before Taxes:
  • 362.00 CAD/month
  • 167.08 CAD/bi-weekly
  • 83.54 CAD/week
  • 4,344.00 CAD/year
Incl. Ontario Taxes (13%):
  • 409.06 CAD/month
  • 188.80 CAD/bi-weekly
  • 94.40 CAD/week
  • 4,908.72 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: 899 ~ 1,799 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX CTV
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 371
This Contract (CAD/month) 362
Monthly Difference 9 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 99 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 899 ~ 1,799

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,469 CAD
  • Total Vehicle Debt: 26,691 CAD
  • Paid so Far: 11,222 CAD (42% Paid)
  • Remaining Lease Payments: 3,982 CAD
  • Residual Value: 11,487 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,222 CAD Total Vehicle Value: 26,691 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,982 CAD
Term Paid so Far: 11,222 CAD Residual Value: 11,487 CAD
0%
42%
14%
44%
Cost to Own
Already Paid: 11,222 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 15,469 CAD
42% Paid
0%
58%
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: 15,469 CAD

  • 4.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,066 CAD
  • Total Interest: 1,597 CAD
  • 8.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,442 CAD
  • Total Interest: 2,973 CAD
  • 14.9%Interest Rate x 48 months
  • 430 CAD/month + tax
  • Total Payable: 20,627 CAD
  • Total Interest: 5,158 CAD

At the end of the Lease Contract

Residual Value: 11,487 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,673 CAD
  • Total Interest: 1,186 CAD
  • 8.9%Interest Rate x 48 months
  • 285 CAD/month + tax
  • Total Payable: 13,695 CAD
  • Total Interest: 2,208 CAD
  • 14.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,317 CAD
  • Total Interest: 3,830 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)
6.03
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 21.72CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
11.90
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,384.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.