Payment Analysis
248.00CAD/monthin Welland, ON
- 248.00 CAD/month
- 114.46 CAD/bi-weekly
- 57.23 CAD/week
- 2,976.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 280.24 CAD/month
- 129.34 CAD/bi-weekly
- 64.67 CAD/week
- 3,362.88 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:
416 CAD
compared to leasing a BRAND NEW:
- Honda Civic Sedan LX CVT 2WD
- for 60 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 264 |
---|---|
This Contract (CAD/month) | 248 |
Monthly Difference | 16 CAD/month |
Remaining Term | x 26 months |
Total Monthly Difference | = 416 CAD |
Total Savings (CAD) | = 416 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
15,808 CAD
- Total Vehicle Debt: 24,240 CAD
- Paid so Far: 8,432 CAD (34% Paid)
- Remaining Lease Payments: 6,448 CAD
- Residual Value: 9,360 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,432 CAD Total Vehicle Value: 24,240 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,448 CAD
Term Paid so Far: 8,432 CAD Residual Value: 9,360 CAD
Cost to Own
Already Paid: 8,432 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 15,808 CAD
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: 15,808 CAD
- 4.9%Interest Rate x 48 months
- 363 CAD/month + tax
- Total Payable: 17,440 CAD
- Total Interest: 1,632 CAD
- 8.9%Interest Rate x 48 months
- 393 CAD/month + tax
- Total Payable: 18,846 CAD
- Total Interest: 3,038 CAD
- 14.9%Interest Rate x 48 months
- 439 CAD/month + tax
- Total Payable: 21,079 CAD
- Total Interest: 5,271 CAD
At the end of the Lease Contract
Residual Value: 9,360 CAD (in 26 months)
- 4.9%Interest Rate x 48 months
- 215 CAD/month + tax
- Total Payable: 10,326 CAD
- Total Interest: 966 CAD
- 8.9%Interest Rate x 48 months
- 232 CAD/month + tax
- Total Payable: 11,159 CAD
- Total Interest: 1,799 CAD
- 14.9%Interest Rate x 48 months
- 260 CAD/month + tax
- Total Payable: 12,481 CAD
- Total Interest: 3,121 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)
6.45
- + tax
- + fuel
- + insurance
- 14.88CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
8.15
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
887.49
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2021)