Payment Analysis
497.00CAD/monthin Waterloo, ON
- 497.00 CAD/month
- 229.38 CAD/bi-weekly
- 114.69 CAD/week
- 5,964.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 561.61 CAD/month
- 259.20 CAD/bi-weekly
- 129.60 CAD/week
- 6,739.32 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:
14,602 ~ 15,902 CAD
compared to leasing a BRAND NEW:
- Honda Civic Sedan Touring Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
- for 12 months
- in Ontario
- $0 down payment
- 46,000 km/year
Leasing New (CAD/month) | 891 |
---|---|
This Contract (CAD/month) | 497 |
Monthly Difference | 394 CAD/month |
Remaining Term | x 33 months |
Total Monthly Difference | = 13,002 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 14,602 ~ 15,902 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,321 CAD
- Total Vehicle Debt: 38,303 CAD
- Paid so Far: 8,982 CAD (23% Paid)
- Remaining Lease Payments: 16,401 CAD
- Residual Value: 12,920 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,982 CAD Total Vehicle Value: 38,303 CAD
Vehicle Debt Breakdown
Downpayment: 1,527 CAD Remaining Term: 16,401 CAD
Term Paid so Far: 7,455 CAD Residual Value: 12,920 CAD
Cost to Own
Already Paid: 8,982 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 29,321 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: 29,321 CAD
- 4.9%Interest Rate x 48 months
- 674 CAD/month + tax
- Total Payable: 32,348 CAD
- Total Interest: 3,027 CAD
- 8.9%Interest Rate x 48 months
- 728 CAD/month + tax
- Total Payable: 34,957 CAD
- Total Interest: 5,636 CAD
- 14.9%Interest Rate x 48 months
- 815 CAD/month + tax
- Total Payable: 39,098 CAD
- Total Interest: 9,777 CAD
At the end of the Lease Contract
Residual Value: 12,920 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 297 CAD/month + tax
- Total Payable: 14,254 CAD
- Total Interest: 1,334 CAD
- 8.9%Interest Rate x 48 months
- 321 CAD/month + tax
- Total Payable: 15,403 CAD
- Total Interest: 2,483 CAD
- 14.9%Interest Rate x 48 months
- 359 CAD/month + tax
- Total Payable: 17,228 CAD
- Total Interest: 4,308 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)
29.55
- + tax
- + fuel
- + insurance
- 29.82CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
16.34
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
388.11
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2017)