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: 18,426 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 42 months
Total Monthly Difference	= 16,926 CAD
+ Cash Incentive** (CAD)	+ 1,500
Total Savings (CAD)	= 18,426
	** "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: 17,550 CAD

Total Vehicle Debt: 18,054 CAD
Paid so Far: -996 CAD (-6% Paid)
Remaining Lease Payments: 6,972 CAD
Residual Value: 12,078 CAD
Cash Incentive: 1,500 CAD

Vehicle Debt & Value

Paid so far: -996 CAD Total Vehicle Value: 18,054 CAD

-6% Paid

106%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 6,972 CAD

Term Paid so Far: -996 CAD Residual Value: 12,078 CAD

-6%

38%

68%

Cost to Own

Already Paid: -996 CAD (-6%)

Cash Incentive: 1,500 CAD Buyout Price Today: 17,550 CAD

-6% Paid

98%

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: 17,550 CAD

4.9%Interest Rate x 48 months
403 CAD/month + tax
Total Payable: 19,362 CAD
Total Interest: 1,812 CAD

8.9%Interest Rate x 48 months
436 CAD/month + tax
Total Payable: 20,923 CAD
Total Interest: 3,373 CAD

14.9%Interest Rate x 48 months
488 CAD/month + tax
Total Payable: 23,402 CAD
Total Interest: 5,852 CAD

At the end of the Lease Contract

Residual Value: 12,078 CAD (in 42 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)