Payment Analysis

537.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 537.00 CAD/month
  • 247.85 CAD/bi-weekly
  • 123.92 CAD/week
  • 6,444.00 CAD/year
Incl. Alberta Taxes (5%):
  • 563.85 CAD/month
  • 260.24 CAD/bi-weekly
  • 130.12 CAD/week
  • 6,766.20 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: 1,372 ~ 2,272 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX CVT 2WD w/ Remote Starter and Battery Maintainer
  • for 24 months
  • in Alberta
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 559
This Contract (CAD/month) 537
Monthly Difference 22 CAD/month
Remaining Term x 26 months
Total Monthly Difference = 572 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,372 ~ 2,272

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,439 CAD
  • Total Vehicle Debt: 31,809 CAD
  • Paid so Far: 5,370 CAD (16% Paid)
  • Remaining Lease Payments: 13,962 CAD
  • Residual Value: 12,477 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,370 CAD Total Vehicle Value: 31,809 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,962 CAD
Term Paid so Far: 5,370 CAD Residual Value: 12,477 CAD
0%
16%
44%
40%
Cost to Own
Already Paid: 5,370 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 26,439 CAD
16% Paid
0%
84%
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: 26,439 CAD

  • 4.9%Interest Rate x 48 months
  • 608 CAD/month + tax
  • Total Payable: 29,168 CAD
  • Total Interest: 2,729 CAD
  • 8.9%Interest Rate x 48 months
  • 657 CAD/month + tax
  • Total Payable: 31,521 CAD
  • Total Interest: 5,082 CAD
  • 14.9%Interest Rate x 48 months
  • 734 CAD/month + tax
  • Total Payable: 35,255 CAD
  • Total Interest: 8,816 CAD

At the end of the Lease Contract

Residual Value: 12,477 CAD (in 26 months)

  • 4.9%Interest Rate x 48 months
  • 287 CAD/month + tax
  • Total Payable: 13,765 CAD
  • Total Interest: 1,288 CAD
  • 8.9%Interest Rate x 48 months
  • 310 CAD/month + tax
  • Total Payable: 14,875 CAD
  • Total Interest: 2,398 CAD
  • 14.9%Interest Rate x 48 months
  • 347 CAD/month + tax
  • Total Payable: 16,637 CAD
  • Total Interest: 4,160 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)
32.47
  • + tax
  • + fuel
  • + insurance
(or 0.32CAD per km)
Time Analysis
Cost per day: (CAD)
17.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
381.66
  • km/week
  • without any
  • additional costs
Excess km cost: 0.22CAD

Seller Contact Info

This Contract was Already Transferred.