Payment Analysis
460.00CAD/monthin Waterloo, ON
- 460.00 CAD/month
- 212.31 CAD/bi-weekly
- 106.15 CAD/week
- 5,520.00 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 19,320 CAD Residual Value: 11,096 CAD
Cost to Own
Already Paid: 19,320 CAD (63%)
Cash Incentive: 400 CAD Buyout Price Today: 10,696 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: 10,696 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
- 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
- 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
- 384.62km/week (Contract Original back in Nov, 2020)