Payment Analysis
346.00CAD/monthin Ottawa-Gatineau
- 346.00 CAD/month
- 159.69 CAD/bi-weekly
- 79.85 CAD/week
- 4,152.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 397.83 CAD/month
- 183.61 CAD/bi-weekly
- 91.81 CAD/week
- 4,773.97 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:
3,970 ~ 4,370 CAD
compared to leasing a BRAND NEW:
- Honda Civic Coupe SPORT CVT
- for 36 months
- in Québec
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 411 |
|---|---|
| This Contract (CAD/month) | 346 |
| Monthly Difference | 65 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 1,170 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 3,970 ~ 4,370 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
16,631 CAD
- Total Vehicle Debt: 25,205 CAD
- Paid so Far: 6,574 CAD (26% Paid)
- Remaining Lease Payments: 6,228 CAD
- Residual Value: 12,403 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 6,574 CAD Total Vehicle Value: 25,205 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,228 CAD
Term Paid so Far: 6,574 CAD Residual Value: 12,403 CAD
Cost to Own
Already Paid: 6,574 CAD (26%)
Cash Incentive: 2,000 CAD Buyout Price Today: 16,631 CAD
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: 16,631 CAD
- 4.9%Interest Rate x 48 months
- 382 CAD/month + tax
- Total Payable: 18,348 CAD
- Total Interest: 1,717 CAD
- 8.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,828 CAD
- Total Interest: 3,197 CAD
- 14.9%Interest Rate x 48 months
- 462 CAD/month + tax
- Total Payable: 22,177 CAD
- Total Interest: 5,546 CAD
At the end of the Lease Contract
Residual Value: 12,403 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 285 CAD/month + tax
- Total Payable: 13,684 CAD
- Total Interest: 1,280 CAD
- 8.9%Interest Rate x 48 months
- 308 CAD/month + tax
- Total Payable: 14,787 CAD
- Total Interest: 2,384 CAD
- 14.9%Interest Rate x 48 months
- 345 CAD/month + tax
- Total Payable: 16,539 CAD
- Total Interest: 4,136 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)
7.37
- + tax
- + fuel
- + insurance
- 10.86CAD/100km (TODAY without the Cash Incentive)
- 20.76CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
7.72
- + tax
- + insurance
- + km driven & fuel
- 11.38CAD/day (Original Contract back in Oct, 2020)
Remaining Km
Can be driven up to:
735.01
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2020)
