Honda Lease Takeover in Halifax, NS: 2019 Honda Civic LX Manuelle 2WD ID:#23432 • LeaseCosts Canada

Payment Analysis

308.19CAD/monthin Halifax, NS

Before Taxes:

308.19 CAD/month
142.24 CAD/bi-weekly
71.12 CAD/week
3,698.28 CAD/year

Incl. Nova Scotia Taxes (15%):

354.42 CAD/month
163.58 CAD/bi-weekly
81.79 CAD/week
4,253.02 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: 9,672 CAD

compared to leasing a BRAND NEW:

Honda Civic LX Manual 2WD
for 12 months
in NS
$0 down payment
33,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	620
This Contract (CAD/month)	308
Monthly Difference	312 CAD/month
Remaining Term	x 31 months
Total Monthly Difference	= 9,672 CAD
Total Savings (CAD)	= 9,672

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,236 CAD

Total Vehicle Debt: 22,147 CAD
Paid so Far: -89 CAD (-1% Paid)
Remaining Lease Payments: 9,554 CAD
Residual Value: 12,682 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -89 CAD Total Vehicle Value: 22,147 CAD

-1% Paid

101%

Vehicle Debt Breakdown

Downpayment: 2,685 CAD Remaining Term: 9,554 CAD

Term Paid so Far: -2,774 CAD Residual Value: 12,682 CAD

30%

-31%

43%

58%

Cost to Own

Already Paid: -89 CAD (-1%)

Cash Incentive: 0 CAD Buyout Price Today: 22,236 CAD

-1% Paid

101%

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: 22,236 CAD

4.9%Interest Rate x 48 months
511 CAD/month + tax
Total Payable: 24,531 CAD
Total Interest: 2,295 CAD

8.9%Interest Rate x 48 months
552 CAD/month + tax
Total Payable: 26,510 CAD
Total Interest: 4,274 CAD

14.9%Interest Rate x 48 months
618 CAD/month + tax
Total Payable: 29,650 CAD
Total Interest: 7,414 CAD

At the end of the Lease Contract

Residual Value: 12,682 CAD (in 31 months)

4.9%Interest Rate x 48 months
291 CAD/month + tax
Total Payable: 13,991 CAD
Total Interest: 1,309 CAD

8.9%Interest Rate x 48 months
315 CAD/month + tax
Total Payable: 15,119 CAD
Total Interest: 2,438 CAD

14.9%Interest Rate x 48 months
352 CAD/month + tax
Total Payable: 16,911 CAD
Total Interest: 4,229 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)