Payment Analysis

452.72CAD/monthin Toronto, ON
    Before Taxes:
  • 452.72 CAD/month
  • 208.95 CAD/bi-weekly
  • 104.47 CAD/week
  • 5,432.64 CAD/year
Incl. Ontario Taxes (13%):
  • 511.57 CAD/month
  • 236.11 CAD/bi-weekly
  • 118.06 CAD/week
  • 6,138.88 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: 927 ~ 1,327 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Hatchback SPORT TOURING
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 579
This Contract (CAD/month) 453
Monthly Difference 127 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 127 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 927 ~ 1,327

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,253 CAD
  • Total Vehicle Debt: 50,931 CAD
  • Paid so Far: 24,678 CAD (48% Paid)
  • Remaining Lease Payments: 453 CAD
  • Residual Value: 25,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,678 CAD Total Vehicle Value: 50,931 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 3,400 CAD Remaining Term: 453 CAD
Term Paid so Far: 21,278 CAD Residual Value: 25,800 CAD
6%
42%
0%
52%
Cost to Own
Already Paid: 24,678 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 26,253 CAD
48% Paid
0%
52%
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: 26,253 CAD

  • 4.9%Interest Rate x 48 months
  • 603 CAD/month + tax
  • Total Payable: 28,963 CAD
  • Total Interest: 2,710 CAD
  • 8.9%Interest Rate x 48 months
  • 652 CAD/month + tax
  • Total Payable: 31,299 CAD
  • Total Interest: 5,046 CAD
  • 14.9%Interest Rate x 48 months
  • 729 CAD/month + tax
  • Total Payable: 35,007 CAD
  • Total Interest: 8,754 CAD

At the end of the Lease Contract

Residual Value: 25,800 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 593 CAD/month + tax
  • Total Payable: 28,463 CAD
  • Total Interest: 2,663 CAD
  • 8.9%Interest Rate x 48 months
  • 641 CAD/month + tax
  • Total Payable: 30,759 CAD
  • Total Interest: 4,959 CAD
  • 14.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,403 CAD
  • Total Interest: 8,603 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)
0.97
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 27.16CAD/100km (Original Contract back in Mar, 2020)
Time Analysis
Cost per day: (CAD)
14.88
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
10,730.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Mar, 2020)

Seller Contact Info

This Contract was Already Transferred.

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