Payment Analysis

272.73CAD/monthin Oakville, ON
    Before Taxes:
  • 272.73 CAD/month
  • 125.88 CAD/bi-weekly
  • 62.94 CAD/week
  • 3,272.76 CAD/year
Incl. Ontario Taxes (13%):
  • 308.18 CAD/month
  • 142.24 CAD/bi-weekly
  • 71.12 CAD/week
  • 3,698.22 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: 1,094 ~ 1,994 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX CVT
  • for 54 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 293
This Contract (CAD/month) 273
Monthly Difference 21 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 294 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,094 ~ 1,994

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,244 CAD
  • Total Vehicle Debt: 25,790 CAD
  • Paid so Far: 12,546 CAD (48% Paid)
  • Remaining Lease Payments: 3,818 CAD
  • Residual Value: 9,426 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,546 CAD Total Vehicle Value: 25,790 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,818 CAD
Term Paid so Far: 12,546 CAD Residual Value: 9,426 CAD
0%
48%
14%
38%
Cost to Own
Already Paid: 12,546 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 13,244 CAD
48% Paid
0%
52%
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: 13,244 CAD

  • 4.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,611 CAD
  • Total Interest: 1,367 CAD
  • 8.9%Interest Rate x 48 months
  • 329 CAD/month + tax
  • Total Payable: 15,790 CAD
  • Total Interest: 2,546 CAD
  • 14.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,660 CAD
  • Total Interest: 4,416 CAD

At the end of the Lease Contract

Residual Value: 9,426 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 217 CAD/month + tax
  • Total Payable: 10,399 CAD
  • Total Interest: 973 CAD
  • 8.9%Interest Rate x 48 months
  • 234 CAD/month + tax
  • Total Payable: 11,238 CAD
  • Total Interest: 1,812 CAD
  • 14.9%Interest Rate x 48 months
  • 262 CAD/month + tax
  • Total Payable: 12,569 CAD
  • Total Interest: 3,143 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)
3.94
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 16.36CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
8.97
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,597.25
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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