Honda Lease Takeover in Ottawa, ON: 2019 Honda 2019 Honda Civic Touring Automatique 2WD ID:#22528 • LeaseCosts Canada

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: 20,844 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 48 months
Total Monthly Difference	= 19,344 CAD
+ Cash Incentive** (CAD)	+ 1,500
Total Savings (CAD)	= 20,844
	** "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: 18,546 CAD

Total Vehicle Debt: 18,054 CAD
Paid so Far: -1,992 CAD (-12% Paid)
Remaining Lease Payments: 7,968 CAD
Residual Value: 12,078 CAD
Cash Incentive: 1,500 CAD

Vehicle Debt & Value

Paid so far: -1,992 CAD Total Vehicle Value: 18,054 CAD

-12% Paid

112%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 7,968 CAD

Term Paid so Far: -1,992 CAD Residual Value: 12,078 CAD

-12%

44%

68%

Cost to Own

Already Paid: -1,992 CAD (-12%)

Cash Incentive: 1,500 CAD Buyout Price Today: 18,546 CAD

-12% Paid

104%

Additional Financing Details

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: 18,546 CAD

4.9%Interest Rate x 48 months
426 CAD/month + tax
Total Payable: 20,461 CAD
Total Interest: 1,915 CAD

8.9%Interest Rate x 48 months
461 CAD/month + tax
Total Payable: 22,111 CAD
Total Interest: 3,565 CAD

14.9%Interest Rate x 48 months
515 CAD/month + tax
Total Payable: 24,730 CAD
Total Interest: 6,184 CAD

At the end of the Lease Contract

Residual Value: 12,078 CAD (in 48 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)