Honda Lease Takeover in Grand Étang, NS: 2017 Honda Civic EX 4 door Automatique 2WD ID:#27184 • LeaseCosts Canada

Payment Analysis

179.00CAD/monthin Grand Étang, NS

Before Taxes:

179.00 CAD/month
82.62 CAD/bi-weekly
41.31 CAD/week
2,148.00 CAD/year

Incl. Nova Scotia Taxes (15%):

205.85 CAD/month
95.01 CAD/bi-weekly
47.50 CAD/week
2,470.20 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: 12,680 ~ 13,080 CAD

compared to leasing a BRAND NEW:

Honda Civic Sedan EX
for 12 months
in NS
$0 down payment
27,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	674
This Contract (CAD/month)	179
Monthly Difference	495 CAD/month
Remaining Term	x 24 months
Total Monthly Difference	= 11,880 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 12,680 ~ 13,080

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 13,496 CAD

Total Vehicle Debt: 19,940 CAD
Paid so Far: 6,444 CAD (32% Paid)
Remaining Lease Payments: 4,296 CAD
Residual Value: 9,200 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 6,444 CAD Total Vehicle Value: 19,940 CAD

32% Paid

68%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 4,296 CAD

Term Paid so Far: 6,444 CAD Residual Value: 9,200 CAD

32%

21%

47%

Cost to Own

Already Paid: 6,444 CAD (32%)

Cash Incentive: 0 CAD Buyout Price Today: 13,496 CAD

32% Paid

68%

Additional Financing Details

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: 13,496 CAD

4.9%Interest Rate x 48 months
310 CAD/month + tax
Total Payable: 14,889 CAD
Total Interest: 1,393 CAD

8.9%Interest Rate x 48 months
335 CAD/month + tax
Total Payable: 16,090 CAD
Total Interest: 2,594 CAD

14.9%Interest Rate x 48 months
375 CAD/month + tax
Total Payable: 17,996 CAD
Total Interest: 4,500 CAD

At the end of the Lease Contract

Residual Value: 9,200 CAD (in 24 months)

4.9%Interest Rate x 48 months
211 CAD/month + tax
Total Payable: 10,150 CAD
Total Interest: 950 CAD

8.9%Interest Rate x 48 months
229 CAD/month + tax
Total Payable: 10,968 CAD
Total Interest: 1,768 CAD

14.9%Interest Rate x 48 months
256 CAD/month + tax
Total Payable: 12,268 CAD
Total Interest: 3,068 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)