Payment Analysis
324.00CAD/monthin Kingston, ON
- 324.00 CAD/month
- 149.54 CAD/bi-weekly
- 74.77 CAD/week
- 3,888.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 366.12 CAD/month
- 168.98 CAD/bi-weekly
- 84.49 CAD/week
- 4,393.44 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:
1,000 CAD
compared to leasing a BRAND NEW:
- Honda Civic Sedan LX CVT 2WD
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 381 |
|---|---|
| This Contract (CAD/month) | 324 |
| Monthly Difference | 57 CAD/month |
| Remaining Term | x 0 months |
| Total Monthly Difference | = 0 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| Total Savings (CAD) | = 1,000 |
| ** "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:
7,796 CAD
- Total Vehicle Debt: 28,236 CAD
- Paid so Far: 19,440 CAD (68% Paid)
- Remaining Lease Payments: 0 CAD
- Residual Value: 8,796 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 19,440 CAD Total Vehicle Value: 28,236 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 19,440 CAD Residual Value: 8,796 CAD
Cost to Own
Already Paid: 19,440 CAD (68%)
Cash Incentive: 1,000 CAD Buyout Price Today: 7,796 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: 7,796 CAD
- 4.9%Interest Rate x 48 months
- 179 CAD/month + tax
- Total Payable: 8,601 CAD
- Total Interest: 805 CAD
- 8.9%Interest Rate x 48 months
- 194 CAD/month + tax
- Total Payable: 9,294 CAD
- Total Interest: 1,498 CAD
- 14.9%Interest Rate x 48 months
- 217 CAD/month + tax
- Total Payable: 10,396 CAD
- Total Interest: 2,600 CAD
At the end of the Lease Contract
Residual Value: 8,796 CAD (in 1 months)
- 4.9%Interest Rate x 48 months
- 202 CAD/month + tax
- Total Payable: 9,704 CAD
- Total Interest: 908 CAD
- 8.9%Interest Rate x 48 months
- 218 CAD/month + tax
- Total Payable: 10,487 CAD
- Total Interest: 1,691 CAD
- 14.9%Interest Rate x 48 months
- 244 CAD/month + tax
- Total Payable: 11,729 CAD
- Total Interest: 2,933 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)
-0.89
- + tax
- + fuel
- + insurance
- 0.43CAD/100km (TODAY without the Cash Incentive)
- 16.20CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
-22.22
- + tax
- + insurance
- + km driven & fuel
- 10.65CAD/day (Original Contract back in Apr, 2019)
Remaining Km
Can be driven up to:
17,538.46
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Apr, 2019)
