Payment Analysis

415.00CAD/monthin Toronto, ON
    Before Taxes:
  • 415.00 CAD/month
  • 191.54 CAD/bi-weekly
  • 95.77 CAD/week
  • 4,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 468.95 CAD/month
  • 216.44 CAD/bi-weekly
  • 108.22 CAD/week
  • 5,627.40 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: 2,919 ~ 4,219 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan TOURING
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 478
This Contract (CAD/month) 415
Monthly Difference 63 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 819 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,919 ~ 4,219
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,895 CAD
  • Total Vehicle Debt: 52,750 CAD
  • Paid so Far: 20,355 CAD (38% Paid)
  • Remaining Lease Payments: 5,395 CAD
  • Residual Value: 27,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 20,355 CAD Total Vehicle Value: 52,750 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 5,395 CAD
Term Paid so Far: 15,355 CAD Residual Value: 27,000 CAD
9%
29%
10%
52%
Cost to Own
Already Paid: 20,355 CAD (38%)
Cash Incentive: 500 CAD Buyout Price Today: 31,895 CAD
38% Paid
0%
62%
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: 31,895 CAD

  • 4.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,188 CAD
  • Total Interest: 3,293 CAD
  • 8.9%Interest Rate x 48 months
  • 792 CAD/month + tax
  • Total Payable: 38,025 CAD
  • Total Interest: 6,130 CAD
  • 14.9%Interest Rate x 48 months
  • 886 CAD/month + tax
  • Total Payable: 42,530 CAD
  • Total Interest: 10,635 CAD

At the end of the Lease Contract

Residual Value: 27,000 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,787 CAD
  • Total Interest: 2,787 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,190 CAD
  • Total Interest: 5,190 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,003 CAD
  • Total Interest: 9,003 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)
16.32
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 17.98CAD/100km (TODAY without the Cash Incentive)
  • 20.75CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
12.38
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 13.64CAD/day (Original Contract back in Jan, 2019)
Remaining Km
Can be driven up to:
532.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.50CAD
  • 461.54km/week (Contract Original back in Jan, 2019)

Seller Contact Info

This Contract was Already Transferred.

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