Payment Analysis

166.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 166.00 CAD/month
  • 76.62 CAD/bi-weekly
  • 38.31 CAD/week
  • 1,992.00 CAD/year
Incl. Ontario Taxes (13%):
  • 187.58 CAD/month
  • 86.58 CAD/bi-weekly
  • 43.29 CAD/week
  • 2,250.96 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: 14,396 CAD

compared to leasing a BRAND NEW:

  • Honda 2019 Honda Civic Touring Automatic 2WD Sedan Touring
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 569
This Contract (CAD/month) 166
Monthly Difference 403 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 12,896 CAD
+ Cash Incentive** (CAD) + 1,500
Total Savings (CAD) = 14,396
** "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: 15,890 CAD
  • Total Vehicle Debt: 18,054 CAD
  • Paid so Far: 664 CAD (3% Paid)
  • Remaining Lease Payments: 5,312 CAD
  • Residual Value: 12,078 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 664 CAD Total Vehicle Value: 18,054 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,312 CAD
Term Paid so Far: 664 CAD Residual Value: 12,078 CAD
0%
3%
29%
68%
Cost to Own
Already Paid: 664 CAD (3%)
Cash Incentive: 1,500 CAD Buyout Price Today: 15,890 CAD
3% Paid
8%
89%
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: 15,890 CAD

  • 4.9%Interest Rate x 48 months
  • 365 CAD/month + tax
  • Total Payable: 17,530 CAD
  • Total Interest: 1,640 CAD
  • 8.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,944 CAD
  • Total Interest: 3,054 CAD
  • 14.9%Interest Rate x 48 months
  • 441 CAD/month + tax
  • Total Payable: 21,188 CAD
  • Total Interest: 5,298 CAD

At the end of the Lease Contract

Residual Value: 12,078 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,325 CAD
  • Total Interest: 1,247 CAD
  • 8.9%Interest Rate x 48 months
  • 300 CAD/month + tax
  • Total Payable: 14,399 CAD
  • Total Interest: 2,321 CAD
  • 14.9%Interest Rate x 48 months
  • 336 CAD/month + tax
  • Total Payable: 16,105 CAD
  • Total Interest: 4,027 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)
8.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
3.92
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
313.70
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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