Payment Analysis
413.57CAD/monthin Hamilton, ON
- 413.57 CAD/month
- 190.88 CAD/bi-weekly
- 95.44 CAD/week
- 4,962.84 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 467.33 CAD/month
- 215.69 CAD/bi-weekly
- 107.85 CAD/week
- 5,608.01 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:
2,480 ~ 3,780 CAD
compared to leasing a BRAND NEW:
- Civic Hatchback SPORT CVT
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 523 |
|---|---|
| This Contract (CAD/month) | 414 |
| Monthly Difference | 110 CAD/month |
| Remaining Term | x 8 months |
| Total Monthly Difference | = 880 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,480 ~ 3,780 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
15,865 CAD
- Total Vehicle Debt: 34,407 CAD
- Paid so Far: 18,543 CAD (53% Paid)
- Remaining Lease Payments: 3,309 CAD
- Residual Value: 12,556 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,543 CAD Total Vehicle Value: 34,407 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 3,309 CAD
Term Paid so Far: 16,543 CAD Residual Value: 12,556 CAD
Cost to Own
Already Paid: 18,543 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 15,865 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: 15,865 CAD
- 4.9%Interest Rate x 48 months
- 365 CAD/month + tax
- Total Payable: 17,502 CAD
- Total Interest: 1,638 CAD
- 8.9%Interest Rate x 48 months
- 394 CAD/month + tax
- Total Payable: 18,914 CAD
- Total Interest: 3,049 CAD
- 14.9%Interest Rate x 48 months
- 441 CAD/month + tax
- Total Payable: 21,155 CAD
- Total Interest: 5,290 CAD
At the end of the Lease Contract
Residual Value: 12,556 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 289 CAD/month + tax
- Total Payable: 13,852 CAD
- Total Interest: 1,296 CAD
- 8.9%Interest Rate x 48 months
- 312 CAD/month + tax
- Total Payable: 14,969 CAD
- Total Interest: 2,413 CAD
- 14.9%Interest Rate x 48 months
- 349 CAD/month + tax
- Total Payable: 16,743 CAD
- Total Interest: 4,187 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)
4.30
- + tax
- + fuel
- + insurance
- 20.68CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
13.60
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
2,221.15
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Aug, 2019)
