Honda Lease Takeover in Langley, BC: 2019 Honda CIVIC EX Automatique 2WD ID:#16183 • LeaseCosts Canada

Payment Analysis

384.00CAD/monthin Langley, BC

Before Taxes:

384.00 CAD/month
177.23 CAD/bi-weekly
88.62 CAD/week
4,608.00 CAD/year

Incl. B.C. Taxes (12%):

430.08 CAD/month
198.50 CAD/bi-weekly
99.25 CAD/week
5,160.96 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: 3,061 ~ 3,461 CAD

compared to leasing a BRAND NEW:

Honda Civic Sedan EX 2WD
for 24 months
in British Columbia
$0 down payment
29,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	503
This Contract (CAD/month)	384
Monthly Difference	119 CAD/month
Remaining Term	x 19 months
Total Monthly Difference	= 2,261 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 3,061 ~ 3,461

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,927 CAD

Total Vehicle Debt: 28,759 CAD
Paid so Far: 8,832 CAD (30% Paid)
Remaining Lease Payments: 7,296 CAD
Residual Value: 12,631 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 8,832 CAD Total Vehicle Value: 28,759 CAD

30% Paid

70%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 7,296 CAD

Term Paid so Far: 8,832 CAD Residual Value: 12,631 CAD

30%

25%

45%

Cost to Own

Already Paid: 8,832 CAD (30%)

Cash Incentive: 0 CAD Buyout Price Today: 19,927 CAD

30% Paid

70%

Additional Financing Details

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: 19,927 CAD

4.9%Interest Rate x 48 months
458 CAD/month + tax
Total Payable: 21,984 CAD
Total Interest: 2,057 CAD

8.9%Interest Rate x 48 months
495 CAD/month + tax
Total Payable: 23,757 CAD
Total Interest: 3,830 CAD

14.9%Interest Rate x 48 months
554 CAD/month + tax
Total Payable: 26,571 CAD
Total Interest: 6,644 CAD

At the end of the Lease Contract

Residual Value: 12,631 CAD (in 19 months)

4.9%Interest Rate x 48 months
290 CAD/month + tax
Total Payable: 13,935 CAD
Total Interest: 1,304 CAD

8.9%Interest Rate x 48 months
314 CAD/month + tax
Total Payable: 15,058 CAD
Total Interest: 2,428 CAD

14.9%Interest Rate x 48 months
351 CAD/month + tax
Total Payable: 16,842 CAD
Total Interest: 4,212 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)