Payment Analysis

402.80CAD/monthin Toronto, ON
    Before Taxes:
  • 402.80 CAD/month
  • 185.91 CAD/bi-weekly
  • 92.95 CAD/week
  • 4,833.60 CAD/year
Incl. Ontario Taxes (13%):
  • 455.16 CAD/month
  • 210.08 CAD/bi-weekly
  • 105.04 CAD/week
  • 5,461.97 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: 1,767 ~ 2,667 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan 1.5 T SPORT 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 483
This Contract (CAD/month) 403
Monthly Difference 81 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 567 CAD
+ Cash Incentive** (CAD) + 400
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,767 ~ 2,667
** "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: 14,584 CAD
  • Total Vehicle Debt: 38,332 CAD
  • Paid so Far: 23,348 CAD (60% Paid)
  • Remaining Lease Payments: 2,820 CAD
  • Residual Value: 12,164 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 23,348 CAD Total Vehicle Value: 38,332 CAD
60% Paid
40%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 2,820 CAD
Term Paid so Far: 21,348 CAD Residual Value: 12,164 CAD
5%
55%
7%
33%
Cost to Own
Already Paid: 23,348 CAD (60%)
Cash Incentive: 400 CAD Buyout Price Today: 14,584 CAD
60% Paid
1%
39%
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: 14,584 CAD

  • 4.9%Interest Rate x 48 months
  • 335 CAD/month + tax
  • Total Payable: 16,089 CAD
  • Total Interest: 1,506 CAD
  • 8.9%Interest Rate x 48 months
  • 362 CAD/month + tax
  • Total Payable: 17,387 CAD
  • Total Interest: 2,803 CAD
  • 14.9%Interest Rate x 48 months
  • 405 CAD/month + tax
  • Total Payable: 19,447 CAD
  • Total Interest: 4,863 CAD

At the end of the Lease Contract

Residual Value: 12,164 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,420 CAD
  • Total Interest: 1,256 CAD
  • 8.9%Interest Rate x 48 months
  • 302 CAD/month + tax
  • Total Payable: 14,502 CAD
  • Total Interest: 2,338 CAD
  • 14.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,220 CAD
  • Total Interest: 4,056 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)
3.07
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
  • 3.58CAD/100km (TODAY without the Cash Incentive)
  • 20.14CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
11.36
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
  • 13.24CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
2,594.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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