Payment Analysis

325.62CAD/monthin Ottawa, ON
    Before Taxes:
  • 325.62 CAD/month
  • 150.29 CAD/bi-weekly
  • 75.14 CAD/week
  • 3,907.44 CAD/year
Incl. Ontario Taxes (13%):
  • 367.95 CAD/month
  • 169.82 CAD/bi-weekly
  • 84.91 CAD/week
  • 4,415.41 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: 893 CAD

compared to leasing a BRAND NEW:

  • Civic Sedan LX
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 372
This Contract (CAD/month) 326
Monthly Difference 47 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 893 CAD
Total Savings (CAD) = 893

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,958 CAD
  • Total Vehicle Debt: 29,309 CAD
  • Paid so Far: 13,350 CAD (45% Paid)
  • Remaining Lease Payments: 6,187 CAD
  • Residual Value: 9,771 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,350 CAD Total Vehicle Value: 29,309 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,187 CAD
Term Paid so Far: 13,350 CAD Residual Value: 9,771 CAD
0%
45%
21%
34%
Cost to Own
Already Paid: 13,350 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 15,958 CAD
45% Paid
0%
55%
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: 15,958 CAD

  • 4.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,606 CAD
  • Total Interest: 1,647 CAD
  • 8.9%Interest Rate x 48 months
  • 396 CAD/month + tax
  • Total Payable: 19,025 CAD
  • Total Interest: 3,067 CAD
  • 14.9%Interest Rate x 48 months
  • 443 CAD/month + tax
  • Total Payable: 21,279 CAD
  • Total Interest: 5,321 CAD

At the end of the Lease Contract

Residual Value: 9,771 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 225 CAD/month + tax
  • Total Payable: 10,780 CAD
  • Total Interest: 1,009 CAD
  • 8.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,649 CAD
  • Total Interest: 1,878 CAD
  • 14.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 13,030 CAD
  • Total Interest: 3,258 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)
7.01
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 19.54CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
10.71
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,072.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 659 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 616 CAD/month + tax
  • Residual Value: 24,995 CAD
  • Months to End: 23 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 40,739 km total
  • Available Now: 20,484 km/year (1,707 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details