Payment Analysis
446.58CAD/monthin Toronto, ON
- 446.58 CAD/month
- 206.11 CAD/bi-weekly
- 103.06 CAD/week
- 5,358.96 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 504.64 CAD/month
- 232.91 CAD/bi-weekly
- 116.45 CAD/week
- 6,055.62 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:
3,896 ~ 5,196 CAD
compared to leasing a BRAND NEW:
- Honda Insight Touring 4DR Automatic 2WD
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 733 |
|---|---|
| This Contract (CAD/month) | 447 |
| Monthly Difference | 287 CAD/month |
| Remaining Term | x 8 months |
| Total Monthly Difference | = 2,296 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,896 ~ 5,196 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
15,612 CAD
- Total Vehicle Debt: 35,131 CAD
- Paid so Far: 19,519 CAD (55% Paid)
- Remaining Lease Payments: 3,573 CAD
- Residual Value: 12,039 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,519 CAD Total Vehicle Value: 35,131 CAD
Vehicle Debt Breakdown
Downpayment: 1,656 CAD Remaining Term: 3,573 CAD
Term Paid so Far: 17,863 CAD Residual Value: 12,039 CAD
Cost to Own
Already Paid: 19,519 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 15,612 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: 15,612 CAD
- 4.9%Interest Rate x 48 months
- 359 CAD/month + tax
- Total Payable: 17,223 CAD
- Total Interest: 1,612 CAD
- 8.9%Interest Rate x 48 months
- 388 CAD/month + tax
- Total Payable: 18,612 CAD
- Total Interest: 3,001 CAD
- 14.9%Interest Rate x 48 months
- 434 CAD/month + tax
- Total Payable: 20,817 CAD
- Total Interest: 5,206 CAD
At the end of the Lease Contract
Residual Value: 12,039 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 277 CAD/month + tax
- Total Payable: 13,282 CAD
- Total Interest: 1,243 CAD
- 8.9%Interest Rate x 48 months
- 299 CAD/month + tax
- Total Payable: 14,353 CAD
- Total Interest: 2,314 CAD
- 14.9%Interest Rate x 48 months
- 334 CAD/month + tax
- Total Payable: 16,053 CAD
- Total Interest: 4,014 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)
5.50
- + tax
- + fuel
- + insurance
- 21.44CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
14.68
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,875.00
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Jul, 2019)
Seller Contact Info
This Contract was Already Transferred.
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