Payment Analysis

324.13CAD/monthin Greater Toronto Area, ON
    Before Taxes:
  • 324.13 CAD/month
  • 149.60 CAD/bi-weekly
  • 74.80 CAD/week
  • 3,889.56 CAD/year
Incl. Ontario Taxes (13%):
  • 366.27 CAD/month
  • 169.05 CAD/bi-weekly
  • 84.52 CAD/week
  • 4,395.20 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: 9,792 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan TOURING CVT 2WD
  • for 12 months
  • in Ontario
  • $0 down payment
  • 40,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 868
This Contract (CAD/month) 324
Monthly Difference 544 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 9,792 CAD
Total Savings (CAD) = 9,792

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,109 CAD
  • Total Vehicle Debt: 28,773 CAD
  • Paid so Far: 8,664 CAD (30% Paid)
  • Remaining Lease Payments: 5,834 CAD
  • Residual Value: 14,275 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,664 CAD Total Vehicle Value: 28,773 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 885 CAD Remaining Term: 5,834 CAD
Term Paid so Far: 7,779 CAD Residual Value: 14,275 CAD
3%
27%
20%
50%
Cost to Own
Already Paid: 8,664 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 20,109 CAD
30% Paid
0%
70%
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: 20,109 CAD

  • 4.9%Interest Rate x 48 months
  • 462 CAD/month + tax
  • Total Payable: 22,185 CAD
  • Total Interest: 2,076 CAD
  • 8.9%Interest Rate x 48 months
  • 499 CAD/month + tax
  • Total Payable: 23,974 CAD
  • Total Interest: 3,865 CAD
  • 14.9%Interest Rate x 48 months
  • 559 CAD/month + tax
  • Total Payable: 26,815 CAD
  • Total Interest: 6,705 CAD

At the end of the Lease Contract

Residual Value: 14,275 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 328 CAD/month + tax
  • Total Payable: 15,749 CAD
  • Total Interest: 1,474 CAD
  • 8.9%Interest Rate x 48 months
  • 355 CAD/month + tax
  • Total Payable: 17,019 CAD
  • Total Interest: 2,744 CAD
  • 14.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,035 CAD
  • Total Interest: 4,760 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)
9.62
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 19.45CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
10.66
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
777.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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