Payment Analysis

460.00CAD/monthin Waterloo, ON
    Before Taxes:
  • 460.00 CAD/month
  • 212.31 CAD/bi-weekly
  • 106.15 CAD/week
  • 5,520.00 CAD/year
Incl. Ontario Taxes (13%):
  • 519.80 CAD/month
  • 239.91 CAD/bi-weekly
  • 119.95 CAD/week
  • 6,237.60 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: 2,000 ~ 3,300 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan TOURING
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 457
This Contract (CAD/month) 460
Monthly Difference -3 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
+ Cash Incentive** (CAD) + 400
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,000 ~ 3,300
** "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: 10,696 CAD
  • Total Vehicle Debt: 30,416 CAD
  • Paid so Far: 19,320 CAD (63% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 11,096 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 19,320 CAD Total Vehicle Value: 30,416 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 19,320 CAD Residual Value: 11,096 CAD
0%
63%
0%
37%
Cost to Own
Already Paid: 19,320 CAD (63%)
Cash Incentive: 400 CAD Buyout Price Today: 10,696 CAD
63% Paid
1%
36%
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: 10,696 CAD

  • 4.9%Interest Rate x 48 months
  • 246 CAD/month + tax
  • Total Payable: 11,800 CAD
  • Total Interest: 1,104 CAD
  • 8.9%Interest Rate x 48 months
  • 266 CAD/month + tax
  • Total Payable: 12,752 CAD
  • Total Interest: 2,056 CAD
  • 14.9%Interest Rate x 48 months
  • 297 CAD/month + tax
  • Total Payable: 14,263 CAD
  • Total Interest: 3,567 CAD

At the end of the Lease Contract

Residual Value: 11,096 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 255 CAD/month + tax
  • Total Payable: 12,241 CAD
  • Total Interest: 1,145 CAD
  • 8.9%Interest Rate x 48 months
  • 276 CAD/month + tax
  • Total Payable: 13,229 CAD
  • Total Interest: 2,133 CAD
  • 14.9%Interest Rate x 48 months
  • 308 CAD/month + tax
  • Total Payable: 14,796 CAD
  • Total Interest: 3,700 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)
0.09
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
  • 0.69CAD/100km (TODAY without the Cash Incentive)
  • 27.60CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
1.97
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
  • 15.12CAD/day (Original Contract back in Nov, 2020)
Remaining Km
Can be driven up to:
15,461.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.