Payment Analysis

425.00CAD/monthin Thunder Bay, ON
    Before Taxes:
  • 425.00 CAD/month
  • 196.15 CAD/bi-weekly
  • 98.08 CAD/week
  • 5,100.00 CAD/year
Incl. Ontario Taxes (13%):
  • 480.25 CAD/month
  • 221.65 CAD/bi-weekly
  • 110.83 CAD/week
  • 5,763.00 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: 1,328 ~ 2,228 CAD

compared to leasing a BRAND NEW:

  • Civic Sedan TOURING 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 473
This Contract (CAD/month) 425
Monthly Difference 48 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 528 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,328 ~ 2,228

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,675 CAD
  • Total Vehicle Debt: 58,400 CAD
  • Paid so Far: 15,725 CAD (26% Paid)
  • Remaining Lease Payments: 4,675 CAD
  • Residual Value: 38,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,725 CAD Total Vehicle Value: 58,400 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,675 CAD
Term Paid so Far: 15,725 CAD Residual Value: 38,000 CAD
0%
26%
8%
66%
Cost to Own
Already Paid: 15,725 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 42,675 CAD
26% Paid
0%
74%
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: 42,675 CAD

  • 4.9%Interest Rate x 48 months
  • 981 CAD/month + tax
  • Total Payable: 47,080 CAD
  • Total Interest: 4,405 CAD
  • 8.9%Interest Rate x 48 months
  • 1,060 CAD/month + tax
  • Total Payable: 50,877 CAD
  • Total Interest: 8,202 CAD
  • 14.9%Interest Rate x 48 months
  • 1,186 CAD/month + tax
  • Total Payable: 56,905 CAD
  • Total Interest: 14,230 CAD

At the end of the Lease Contract

Residual Value: 38,000 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 873 CAD/month + tax
  • Total Payable: 41,923 CAD
  • Total Interest: 3,923 CAD
  • 8.9%Interest Rate x 48 months
  • 944 CAD/month + tax
  • Total Payable: 45,304 CAD
  • Total Interest: 7,304 CAD
  • 14.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,671 CAD
  • Total Interest: 12,671 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)
6.20
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 25.50CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
13.97
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,581.82
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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