Payment Analysis

355.00CAD/monthin Greater Toronto Area, ON
    Before Taxes:
  • 355.00 CAD/month
  • 163.85 CAD/bi-weekly
  • 81.92 CAD/week
  • 4,260.00 CAD/year
Incl. Ontario Taxes (13%):
  • 401.15 CAD/month
  • 185.15 CAD/bi-weekly
  • 92.57 CAD/week
  • 4,813.80 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: 5,944 ~ 6,344 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan EX
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 491
This Contract (CAD/month) 355
Monthly Difference 136 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 3,944 CAD
+ Cash Incentive** (CAD) + 1,200
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,944 ~ 6,344
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,494 CAD
  • Total Vehicle Debt: 23,399 CAD
  • Paid so Far: 11,705 CAD (50% Paid)
  • Remaining Lease Payments: 10,295 CAD
  • Residual Value: 1,399 CAD
  • Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 11,705 CAD Total Vehicle Value: 23,399 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 700 CAD Remaining Term: 10,295 CAD
Term Paid so Far: 11,005 CAD Residual Value: 1,399 CAD
2%
48%
44%
6%
Cost to Own
Already Paid: 11,705 CAD (50%)
Cash Incentive: 1,200 CAD Buyout Price Today: 10,494 CAD
50% Paid
5%
45%
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: 10,494 CAD

  • 4.9%Interest Rate x 48 months
  • 241 CAD/month + tax
  • Total Payable: 11,577 CAD
  • Total Interest: 1,083 CAD
  • 8.9%Interest Rate x 48 months
  • 261 CAD/month + tax
  • Total Payable: 12,511 CAD
  • Total Interest: 2,017 CAD
  • 14.9%Interest Rate x 48 months
  • 292 CAD/month + tax
  • Total Payable: 13,993 CAD
  • Total Interest: 3,499 CAD

At the end of the Lease Contract

Residual Value: 1,399 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 32 CAD/month + tax
  • Total Payable: 1,543 CAD
  • Total Interest: 144 CAD
  • 8.9%Interest Rate x 48 months
  • 35 CAD/month + tax
  • Total Payable: 1,668 CAD
  • Total Interest: 269 CAD
  • 14.9%Interest Rate x 48 months
  • 39 CAD/month + tax
  • Total Payable: 1,865 CAD
  • Total Interest: 466 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)
64.96
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,200CAD incentive)
Time Analysis
Cost per day: (CAD)
10.31
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,200CAD incentive)
Remaining Km
Can be driven up to:
111.41
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD

Seller Contact Info

This Contract was Already Transferred.

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