Payment Analysis

291.98CAD/monthin Toronto, ON
    Before Taxes:
  • 291.98 CAD/month
  • 134.76 CAD/bi-weekly
  • 67.38 CAD/week
  • 3,503.76 CAD/year
Incl. Ontario Taxes (13%):
  • 329.94 CAD/month
  • 152.28 CAD/bi-weekly
  • 76.14 CAD/week
  • 3,959.25 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: 8,010 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan TOURING
  • for 24 months
  • in Ontario
  • $0 down payment
  • 31,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 608
This Contract (CAD/month) 292
Monthly Difference 317 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 9,510 CAD
- Required Payment** (CAD) - 1,500
Total Savings (CAD) = 8,010
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,900 CAD
  • Total Vehicle Debt: 29,748 CAD
  • Paid so Far: 8,348 CAD (28% Paid)
  • Remaining Lease Payments: 8,759 CAD
  • Residual Value: 12,641 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 8,348 CAD Total Vehicle Value: 29,748 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 3,092 CAD Remaining Term: 8,759 CAD
Term Paid so Far: 5,256 CAD Residual Value: 12,641 CAD
10%
18%
29%
43%
Cost to Own
Already Paid: 8,348 CAD (28%)
Required Payment: 1,500 CAD (5%)Buyout Price Today: 22,900 CAD
23% Paid
5%
72%
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: 22,900 CAD

  • 4.9%Interest Rate x 48 months
  • 526 CAD/month + tax
  • Total Payable: 25,264 CAD
  • Total Interest: 2,364 CAD
  • 8.9%Interest Rate x 48 months
  • 569 CAD/month + tax
  • Total Payable: 27,301 CAD
  • Total Interest: 4,401 CAD
  • 14.9%Interest Rate x 48 months
  • 636 CAD/month + tax
  • Total Payable: 30,536 CAD
  • Total Interest: 7,636 CAD

At the end of the Lease Contract

Residual Value: 12,641 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 291 CAD/month + tax
  • Total Payable: 13,945 CAD
  • Total Interest: 1,305 CAD
  • 8.9%Interest Rate x 48 months
  • 314 CAD/month + tax
  • Total Payable: 15,070 CAD
  • Total Interest: 2,430 CAD
  • 14.9%Interest Rate x 48 months
  • 351 CAD/month + tax
  • Total Payable: 16,855 CAD
  • Total Interest: 4,215 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)
14.49
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 12.37CAD/100km (TODAY without the Cash Incentive)
  • 17.52CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
11.24
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 9.60CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
544.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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