Payment Analysis

317.95CAD/monthin Ottawa, Ontario
    Before Taxes:
  • 317.95 CAD/month
  • 146.75 CAD/bi-weekly
  • 73.37 CAD/week
  • 3,815.40 CAD/year
Incl. Ontario Taxes (13%):
  • 359.28 CAD/month
  • 165.82 CAD/bi-weekly
  • 82.91 CAD/week
  • 4,311.40 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: 3,202 ~ 4,502 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan EX
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 495
This Contract (CAD/month) 318
Monthly Difference 178 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 1,602 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,202 ~ 4,502

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,081 CAD
  • Total Vehicle Debt: 26,481 CAD
  • Paid so Far: 12,400 CAD (46% Paid)
  • Remaining Lease Payments: 2,862 CAD
  • Residual Value: 11,219 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,400 CAD Total Vehicle Value: 26,481 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,862 CAD
Term Paid so Far: 12,400 CAD Residual Value: 11,219 CAD
0%
46%
10%
44%
Cost to Own
Already Paid: 12,400 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 14,081 CAD
46% Paid
0%
54%
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: 14,081 CAD

  • 4.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,535 CAD
  • Total Interest: 1,454 CAD
  • 8.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,787 CAD
  • Total Interest: 2,706 CAD
  • 14.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,776 CAD
  • Total Interest: 4,695 CAD

At the end of the Lease Contract

Residual Value: 11,219 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,378 CAD
  • Total Interest: 1,158 CAD
  • 8.9%Interest Rate x 48 months
  • 279 CAD/month + tax
  • Total Payable: 13,376 CAD
  • Total Interest: 2,156 CAD
  • 14.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,960 CAD
  • Total Interest: 3,741 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)
6.50
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 19.08CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
10.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,128.21
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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  • Months to End: 33 months (Feb, 2027)
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  • Current Odometer: 20,000 km total
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