Payment Analysis

218.00CAD/monthin Richmond Hill, Ontario
    Before Taxes:
  • 218.00 CAD/month
  • 100.62 CAD/bi-weekly
  • 50.31 CAD/week
  • 2,616.00 CAD/year
Incl. Ontario Taxes (13%):
  • 246.34 CAD/month
  • 113.70 CAD/bi-weekly
  • 56.85 CAD/week
  • 2,956.08 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: -1,620 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan SPORT
  • for 30 months
  • in Ontario
  • $0 down payment
  • 27,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 458
This Contract (CAD/month) 218
Monthly Difference 240 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 1,680 CAD
- Required Payment** (CAD) - 3,300
Total Savings (CAD) = -1,620
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,597 CAD
  • Total Vehicle Debt: 27,257 CAD
  • Paid so Far: 13,960 CAD (51% Paid)
  • Remaining Lease Payments: 1,526 CAD
  • Residual Value: 11,771 CAD
  • Required Payment: 3,300 CAD
Vehicle Debt & Value
Paid so far: 13,960 CAD Total Vehicle Value: 27,257 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 5,022 CAD Remaining Term: 1,526 CAD
Term Paid so Far: 8,938 CAD Residual Value: 11,771 CAD
18%
33%
5%
44%
Cost to Own
Already Paid: 13,960 CAD (51%)
Required Payment: 3,300 CAD (12%)Buyout Price Today: 16,597 CAD
39% Paid
12%
49%
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: 16,597 CAD

  • 4.9%Interest Rate x 48 months
  • 381 CAD/month + tax
  • Total Payable: 18,310 CAD
  • Total Interest: 1,713 CAD
  • 8.9%Interest Rate x 48 months
  • 412 CAD/month + tax
  • Total Payable: 19,787 CAD
  • Total Interest: 3,190 CAD
  • 14.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,131 CAD
  • Total Interest: 5,534 CAD

At the end of the Lease Contract

Residual Value: 11,771 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,986 CAD
  • Total Interest: 1,215 CAD
  • 8.9%Interest Rate x 48 months
  • 292 CAD/month + tax
  • Total Payable: 14,033 CAD
  • Total Interest: 2,262 CAD
  • 14.9%Interest Rate x 48 months
  • 327 CAD/month + tax
  • Total Payable: 15,696 CAD
  • Total Interest: 3,925 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)
7.26
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,300CAD incentive)
  • 2.29CAD/100km (TODAY without the Cash Incentive)
  • 13.08CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
22.67
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,300CAD incentive)
  • 7.17CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
2,192.31
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

+ 4,500 cash
SAVE ~7,200 CAD
CAD/month x 35 months
2023 Volkswagen GTI (ID: #52530)
652
Toronto, ON
2023 Volkswagen

GTI Automatique 2WD Autobahn

  • Warranty Complete Term
Payment Details
  • Current Payment: 652 CAD/month + tax
  • Cash Incentive: 4,500 CAD
  • Payment After Incentive: 523 CAD/month + tax
  • Residual Value: 21,631 CAD
  • Months to End: 35 months (Apr, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 8,800 km total
  • Available Now: 13,440 km/year (1,120 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 6,000 cash
CAD/month x 37 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatique AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Required Payment: 6,000 CAD
  • Payment Including Incentive: 768 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 37 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,951 km total
  • Available Now: 24,448 km/year (2,037 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
+ 950 cash
CAD/month x 33 months
2023 Mazda Mazda3 Sport GT (ID: #46600)
598
Mississauga, ON
2023 Mazda

Mazda3 Sport GT Automatique AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 598 CAD/month + tax
  • Cash Incentive: 950 CAD
  • Payment After Incentive: 569 CAD/month + tax
  • Original Downpayment: 3,211 CAD
  • Residual Value: 19,315 CAD
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 4,600 km total
  • Available Now: 21,600 km/year (1,800 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 8 months
2021 Mazda Mazda3 GT Auto FWD (ID: #45347)
352
Toronto, ON
2021 Mazda

Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 352 CAD/month + tax
  • Months to End: 8 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 42,000 km/year (3,500 per month)
  • Please note that this contract ends in less than a year.
See all Details
+ 2,000 cash
CAD/month x 30 months
2023 Tesla Model 3 Standard (ID: #53008)
873
Toronto
2023 Tesla

Model 3 Standard Automatique 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 873 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 806 CAD/month + tax
  • Months to End: 30 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 45,000 km total
  • Available Now: 13,333 km/year (1,111 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 7 months
2022 Honda Civic Seden EX (ID: #52873)
371
Toronto, ON
2022 Honda

Civic Seden EX CVT AWD

Payment Details
  • Current Payment: 371 CAD/month + tax
  • Residual Value: 13,650 CAD
  • Months to End: 7 months (Dec, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 29,000 km total
  • Available Now: 87,429 km/year (7,286 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.01 CAD/km
See all Details