Payment Analysis

142.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 142.00 CAD/month
  • 65.54 CAD/bi-weekly
  • 32.77 CAD/week
  • 1,704.00 CAD/year
Incl. Ontario Taxes (13%):
  • 160.46 CAD/month
  • 74.06 CAD/bi-weekly
  • 37.03 CAD/week
  • 1,925.52 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: 20,340 ~ 20,740 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 618
This Contract (CAD/month) 142
Monthly Difference 476 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 19,040 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 20,340 ~ 20,740
** "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: 13,081 CAD
  • Total Vehicle Debt: 14,717 CAD
  • Paid so Far: 1,136 CAD (7% Paid)
  • Remaining Lease Payments: 5,680 CAD
  • Residual Value: 7,901 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 1,136 CAD Total Vehicle Value: 14,717 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,680 CAD
Term Paid so Far: 1,136 CAD Residual Value: 7,901 CAD
0%
7%
38%
55%
Cost to Own
Already Paid: 1,136 CAD (7%)
Cash Incentive: 500 CAD Buyout Price Today: 13,081 CAD
7% Paid
3%
90%
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: 13,081 CAD

  • 4.9%Interest Rate x 48 months
  • 301 CAD/month + tax
  • Total Payable: 14,431 CAD
  • Total Interest: 1,350 CAD
  • 8.9%Interest Rate x 48 months
  • 325 CAD/month + tax
  • Total Payable: 15,595 CAD
  • Total Interest: 2,514 CAD
  • 14.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,443 CAD
  • Total Interest: 4,362 CAD

At the end of the Lease Contract

Residual Value: 7,901 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 182 CAD/month + tax
  • Total Payable: 8,717 CAD
  • Total Interest: 816 CAD
  • 8.9%Interest Rate x 48 months
  • 196 CAD/month + tax
  • Total Payable: 9,420 CAD
  • Total Interest: 1,519 CAD
  • 14.9%Interest Rate x 48 months
  • 219 CAD/month + tax
  • Total Payable: 10,536 CAD
  • Total Interest: 2,635 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)
11.51
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
4.26
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
259.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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