Payment Analysis
298.02CAD/monthin Paris, ON
- 298.02 CAD/month
- 137.55 CAD/bi-weekly
- 68.77 CAD/week
- 3,576.24 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 336.76 CAD/month
- 155.43 CAD/bi-weekly
- 77.71 CAD/week
- 4,041.15 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:
2,036 ~ 2,436 CAD
compared to leasing a BRAND NEW:
- Civic Sedan LX
- for 30 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 402 |
|---|---|
| This Contract (CAD/month) | 298 |
| Monthly Difference | 104 CAD/month |
| Remaining Term | x 9 months |
| Total Monthly Difference | = 936 CAD |
| + Cash Incentive** (CAD) | + 300 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 2,036 ~ 2,436 |
| ** "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:
10,148 CAD
- Total Vehicle Debt: 25,648 CAD
- Paid so Far: 15,199 CAD (59% Paid)
- Remaining Lease Payments: 2,682 CAD
- Residual Value: 7,766 CAD
- Cash Incentive: 300 CAD
Vehicle Debt & Value
Paid so far: 15,199 CAD Total Vehicle Value: 25,648 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,682 CAD
Term Paid so Far: 15,199 CAD Residual Value: 7,766 CAD
Cost to Own
Already Paid: 15,199 CAD (59%)
Cash Incentive: 300 CAD Buyout Price Today: 10,148 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: 10,148 CAD
- 4.9%Interest Rate x 48 months
- 233 CAD/month + tax
- Total Payable: 11,196 CAD
- Total Interest: 1,048 CAD
- 8.9%Interest Rate x 48 months
- 252 CAD/month + tax
- Total Payable: 12,099 CAD
- Total Interest: 1,951 CAD
- 14.9%Interest Rate x 48 months
- 282 CAD/month + tax
- Total Payable: 13,532 CAD
- Total Interest: 3,384 CAD
At the end of the Lease Contract
Residual Value: 7,766 CAD (in 9 months)
- 4.9%Interest Rate x 48 months
- 179 CAD/month + tax
- Total Payable: 8,568 CAD
- Total Interest: 802 CAD
- 8.9%Interest Rate x 48 months
- 193 CAD/month + tax
- Total Payable: 9,259 CAD
- Total Interest: 1,493 CAD
- 14.9%Interest Rate x 48 months
- 216 CAD/month + tax
- Total Payable: 10,356 CAD
- Total Interest: 2,590 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)
3.33
- + tax
- + fuel
- + insurance
- 3.75CAD/100km (TODAY without the Cash Incentive)
- 14.90CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
8.70
- + tax
- + insurance
- + km driven & fuel
- 9.80CAD/day (Original Contract back in Jul, 2018)
Remaining Km
Can be driven up to:
1,832.31
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jul, 2018)
