Payment Analysis

497.00CAD/monthin Waterloo, ON
    Before Taxes:
  • 497.00 CAD/month
  • 229.38 CAD/bi-weekly
  • 114.69 CAD/week
  • 5,964.00 CAD/year
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
Savings Breakdown:
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
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 1,527 CAD Remaining Term: 16,401 CAD
Term Paid so Far: 7,455 CAD Residual Value: 12,920 CAD
3%
20%
43%
34%
Cost to Own
Already Paid: 8,982 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 29,321 CAD
23% Paid
0%
77%
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
(or 0.30CAD per km)
  • 29.82CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
16.34
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
388.11
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2017)

Seller Contact Info

This Contract was Already Transferred.