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: 719 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 7 months
Total Monthly Difference = 2,219 CAD
- Required Payment** (CAD) - 1,500
Total Savings (CAD) = 719
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,184 CAD
  • Total Vehicle Debt: 29,748 CAD
  • Paid so Far: 15,064 CAD (50% Paid)
  • Remaining Lease Payments: 2,044 CAD
  • Residual Value: 12,641 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 15,064 CAD Total Vehicle Value: 29,748 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 3,092 CAD Remaining Term: 2,044 CAD
Term Paid so Far: 11,971 CAD Residual Value: 12,641 CAD
10%
40%
6%
44%
Cost to Own
Already Paid: 15,064 CAD (50%)
Required Payment: 1,500 CAD (5%)Buyout Price Today: 16,184 CAD
45% Paid
5%
50%
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: 16,184 CAD

  • 4.9%Interest Rate x 48 months
  • 372 CAD/month + tax
  • Total Payable: 17,855 CAD
  • Total Interest: 1,671 CAD
  • 8.9%Interest Rate x 48 months
  • 402 CAD/month + tax
  • Total Payable: 19,295 CAD
  • Total Interest: 3,111 CAD
  • 14.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,581 CAD
  • Total Interest: 5,397 CAD

At the end of the Lease Contract

Residual Value: 12,641 CAD (in 7 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)
5.01
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 2.89CAD/100km (TODAY without the Cash Incentive)
  • 17.52CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
16.64
  • + 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:
2,334.07
  • 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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