Payment Analysis

731.00CAD/monthin Fredericton, NB
    Before Taxes:
  • 731.00 CAD/month
  • 337.38 CAD/bi-weekly
  • 168.69 CAD/week
  • 8,772.00 CAD/year
Incl. New Brunswick Taxes (15%):
  • 840.65 CAD/month
  • 387.99 CAD/bi-weekly
  • 194.00 CAD/week
  • 10,087.80 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: 4,708 ~ 6,008 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Type R
  • for 36 months
  • in New Brunswick
  • $0 down payment
  • 29,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 894
This Contract (CAD/month) 731
Monthly Difference 163 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 2,608 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,708 ~ 6,008
** "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: 11,197 CAD
  • Total Vehicle Debt: 44,296 CAD
  • Paid so Far: 32,599 CAD (73% Paid)
  • Remaining Lease Payments: 11,696 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 32,599 CAD Total Vehicle Value: 44,296 CAD
73% Paid
27%
Vehicle Debt Breakdown
Downpayment: 435 CAD Remaining Term: 11,696 CAD
Term Paid so Far: 32,164 CAD Residual Value: 1 CAD
0%
73%
26%
1%
Cost to Own
Already Paid: 32,599 CAD (73%)
Cash Incentive: 500 CAD Buyout Price Today: 11,197 CAD
73% Paid
1%
26%
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: 11,197 CAD

  • 4.9%Interest Rate x 48 months
  • 257 CAD/month + tax
  • Total Payable: 12,353 CAD
  • Total Interest: 1,156 CAD
  • 8.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,349 CAD
  • Total Interest: 2,152 CAD
  • 14.9%Interest Rate x 48 months
  • 311 CAD/month + tax
  • Total Payable: 14,931 CAD
  • Total Interest: 3,734 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
10.81
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 11.29CAD/100km (TODAY without the Cash Incentive)
  • 36.55CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
23.01
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 24.03CAD/day (Original Contract back in Feb, 2019)
Remaining Km
Can be driven up to:
1,494.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Feb, 2019)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 800 CAD/month + tax
  • Residual Value: 23,125 CAD
  • Months to End: 68 months (Oct, 2019)
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  • Contract Allowance: 24,000 km/year
  • Current Odometer: 48,386 km total
  • Available Now: 4,167 km/year (347 per month)
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