Payment Analysis

235.42CAD/monthin Ottawa, ON
    Before Taxes:
  • 235.42 CAD/month
  • 108.66 CAD/bi-weekly
  • 54.33 CAD/week
  • 2,825.04 CAD/year
Incl. Ontario Taxes (13%):
  • 266.02 CAD/month
  • 122.78 CAD/bi-weekly
  • 61.39 CAD/week
  • 3,192.30 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: 6,396 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX
  • for 30 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 391
This Contract (CAD/month) 235
Monthly Difference 156 CAD/month
Remaining Term x 41 months
Total Monthly Difference = 6,396 CAD
Total Savings (CAD) = 6,396

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,476 CAD
  • Total Vehicle Debt: 23,452 CAD
  • Paid so Far: 2,975 CAD (12% Paid)
  • Remaining Lease Payments: 9,652 CAD
  • Residual Value: 10,824 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,975 CAD Total Vehicle Value: 23,452 CAD
12% Paid
88%
Vehicle Debt Breakdown
Downpayment: 1,327 CAD Remaining Term: 9,652 CAD
Term Paid so Far: 1,648 CAD Residual Value: 10,824 CAD
5%
7%
41%
47%
Cost to Own
Already Paid: 2,975 CAD (12%)
Cash Incentive: 0 CAD Buyout Price Today: 20,476 CAD
12% Paid
0%
88%
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: 20,476 CAD

  • 4.9%Interest Rate x 48 months
  • 471 CAD/month + tax
  • Total Payable: 22,590 CAD
  • Total Interest: 2,114 CAD
  • 8.9%Interest Rate x 48 months
  • 509 CAD/month + tax
  • Total Payable: 24,412 CAD
  • Total Interest: 3,936 CAD
  • 14.9%Interest Rate x 48 months
  • 569 CAD/month + tax
  • Total Payable: 27,304 CAD
  • Total Interest: 6,828 CAD

At the end of the Lease Contract

Residual Value: 10,824 CAD (in 41 months)

  • 4.9%Interest Rate x 48 months
  • 249 CAD/month + tax
  • Total Payable: 11,942 CAD
  • Total Interest: 1,117 CAD
  • 8.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,905 CAD
  • Total Interest: 2,080 CAD
  • 14.9%Interest Rate x 48 months
  • 301 CAD/month + tax
  • Total Payable: 14,433 CAD
  • Total Interest: 3,609 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)
13.25
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 14.13CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
7.74
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
409.91
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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