Payment Analysis
408.24CAD/monthin Hamilton, ON
- 408.24 CAD/month
- 188.42 CAD/bi-weekly
- 94.21 CAD/week
- 4,898.88 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 461.31 CAD/month
- 212.91 CAD/bi-weekly
- 106.46 CAD/week
- 5,535.73 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:
1,850 ~ 3,150 CAD
compared to leasing a BRAND NEW:
- Honda Civic Hatchback SPORT 2WD
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 533 |
|---|---|
| This Contract (CAD/month) | 408 |
| Monthly Difference | 125 CAD/month |
| Remaining Term | x 2 months |
| Total Monthly Difference | = 250 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,850 ~ 3,150 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
13,076 CAD
- Total Vehicle Debt: 33,846 CAD
- Paid so Far: 20,770 CAD (61% Paid)
- Remaining Lease Payments: 816 CAD
- Residual Value: 12,260 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,770 CAD Total Vehicle Value: 33,846 CAD
Vehicle Debt Breakdown
Downpayment: 1,991 CAD Remaining Term: 816 CAD
Term Paid so Far: 18,779 CAD Residual Value: 12,260 CAD
Cost to Own
Already Paid: 20,770 CAD (61%)
Cash Incentive: 0 CAD Buyout Price Today: 13,076 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: 13,076 CAD
- 4.9%Interest Rate x 48 months
- 301 CAD/month + tax
- Total Payable: 14,426 CAD
- Total Interest: 1,350 CAD
- 8.9%Interest Rate x 48 months
- 325 CAD/month + tax
- Total Payable: 15,590 CAD
- Total Interest: 2,513 CAD
- 14.9%Interest Rate x 48 months
- 363 CAD/month + tax
- Total Payable: 17,436 CAD
- Total Interest: 4,360 CAD
At the end of the Lease Contract
Residual Value: 12,260 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 282 CAD/month + tax
- Total Payable: 13,525 CAD
- Total Interest: 1,266 CAD
- 8.9%Interest Rate x 48 months
- 305 CAD/month + tax
- Total Payable: 14,616 CAD
- Total Interest: 2,356 CAD
- 14.9%Interest Rate x 48 months
- 341 CAD/month + tax
- Total Payable: 16,348 CAD
- Total Interest: 4,088 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)
1.25
- + tax
- + fuel
- + insurance
- 24.49CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
13.42
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
7,557.69
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2020)
