Payment Analysis

343.79CAD/monthin Surrey, BC
    Before Taxes:
  • 343.79 CAD/month
  • 158.67 CAD/bi-weekly
  • 79.34 CAD/week
  • 4,125.48 CAD/year
Incl. B.C. Taxes (12%):
  • 385.04 CAD/month
  • 177.71 CAD/bi-weekly
  • 88.86 CAD/week
  • 4,620.54 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: 1,359 ~ 2,259 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan TOURING
  • for 48 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 386
This Contract (CAD/month) 344
Monthly Difference 43 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 559 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,359 ~ 2,259

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,409 CAD
  • Total Vehicle Debt: 32,970 CAD
  • Paid so Far: 17,560 CAD (53% Paid)
  • Remaining Lease Payments: 4,469 CAD
  • Residual Value: 10,940 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,560 CAD Total Vehicle Value: 32,970 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 1,402 CAD Remaining Term: 4,469 CAD
Term Paid so Far: 16,158 CAD Residual Value: 10,940 CAD
4%
49%
13%
34%
Cost to Own
Already Paid: 17,560 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 15,409 CAD
53% Paid
0%
47%
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: 15,409 CAD

  • 4.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 17,000 CAD
  • Total Interest: 1,591 CAD
  • 8.9%Interest Rate x 48 months
  • 383 CAD/month + tax
  • Total Payable: 18,371 CAD
  • Total Interest: 2,962 CAD
  • 14.9%Interest Rate x 48 months
  • 428 CAD/month + tax
  • Total Payable: 20,548 CAD
  • Total Interest: 5,138 CAD

At the end of the Lease Contract

Residual Value: 10,940 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,070 CAD
  • Total Interest: 1,129 CAD
  • 8.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,043 CAD
  • Total Interest: 2,103 CAD
  • 14.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,588 CAD
  • Total Interest: 3,648 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)
5.05
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 20.63CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
11.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,571.01
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2020)

Seller Contact Info

This Contract was Already Transferred.

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