Payment Analysis

256.64CAD/monthin Aurora, ON
    Before Taxes:
  • 256.64 CAD/month
  • 118.45 CAD/bi-weekly
  • 59.22 CAD/week
  • 3,079.68 CAD/year
Incl. Ontario Taxes (13%):
  • 290.00 CAD/month
  • 133.85 CAD/bi-weekly
  • 66.92 CAD/week
  • 3,480.04 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: 13,937 ~ 14,337 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX
  • for 12 months
  • in Ontario
  • $0 down payment
  • 40,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 709
This Contract (CAD/month) 257
Monthly Difference 453 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 13,137 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 13,937 ~ 14,337

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,243 CAD
  • Total Vehicle Debt: 25,119 CAD
  • Paid so Far: 4,876 CAD (19% Paid)
  • Remaining Lease Payments: 7,443 CAD
  • Residual Value: 12,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,876 CAD Total Vehicle Value: 25,119 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,443 CAD
Term Paid so Far: 4,876 CAD Residual Value: 12,800 CAD
0%
19%
29%
52%
Cost to Own
Already Paid: 4,876 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 20,243 CAD
19% Paid
0%
81%
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: 20,243 CAD

  • 4.9%Interest Rate x 48 months
  • 465 CAD/month + tax
  • Total Payable: 22,332 CAD
  • Total Interest: 2,090 CAD
  • 8.9%Interest Rate x 48 months
  • 503 CAD/month + tax
  • Total Payable: 24,133 CAD
  • Total Interest: 3,891 CAD
  • 14.9%Interest Rate x 48 months
  • 562 CAD/month + tax
  • Total Payable: 26,992 CAD
  • Total Interest: 6,750 CAD

At the end of the Lease Contract

Residual Value: 12,800 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 294 CAD/month + tax
  • Total Payable: 14,121 CAD
  • Total Interest: 1,321 CAD
  • 8.9%Interest Rate x 48 months
  • 318 CAD/month + tax
  • Total Payable: 15,260 CAD
  • Total Interest: 2,460 CAD
  • 14.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,068 CAD
  • Total Interest: 4,268 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)
31.01
  • + tax
  • + fuel
  • + insurance
(or 0.31CAD per km)
Time Analysis
Cost per day: (CAD)
8.44
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
190.98
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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