Payment Analysis

251.33CAD/monthin Toronto, ON
    Before Taxes:
  • 251.33 CAD/month
  • 116.00 CAD/bi-weekly
  • 58.00 CAD/week
  • 3,015.96 CAD/year
Incl. Ontario Taxes (13%):
  • 284.00 CAD/month
  • 131.08 CAD/bi-weekly
  • 65.54 CAD/week
  • 3,408.03 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: 2,655 ~ 3,555 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) 516
This Contract (CAD/month) 251
Monthly Difference 265 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 1,855 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,655 ~ 3,555

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,530 CAD
  • Total Vehicle Debt: 27,100 CAD
  • Paid so Far: 16,569 CAD (61% Paid)
  • Remaining Lease Payments: 1,759 CAD
  • Residual Value: 8,771 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,569 CAD Total Vehicle Value: 27,100 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 1,759 CAD
Term Paid so Far: 13,069 CAD Residual Value: 8,771 CAD
12%
49%
6%
33%
Cost to Own
Already Paid: 16,569 CAD (61%)
Cash Incentive: 0 CAD Buyout Price Today: 10,530 CAD
61% Paid
0%
39%
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: 10,530 CAD

  • 4.9%Interest Rate x 48 months
  • 242 CAD/month + tax
  • Total Payable: 11,617 CAD
  • Total Interest: 1,087 CAD
  • 8.9%Interest Rate x 48 months
  • 262 CAD/month + tax
  • Total Payable: 12,554 CAD
  • Total Interest: 2,024 CAD
  • 14.9%Interest Rate x 48 months
  • 293 CAD/month + tax
  • Total Payable: 14,042 CAD
  • Total Interest: 3,511 CAD

At the end of the Lease Contract

Residual Value: 8,771 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 202 CAD/month + tax
  • Total Payable: 9,677 CAD
  • Total Interest: 905 CAD
  • 8.9%Interest Rate x 48 months
  • 218 CAD/month + tax
  • Total Payable: 10,457 CAD
  • Total Interest: 1,686 CAD
  • 14.9%Interest Rate x 48 months
  • 244 CAD/month + tax
  • Total Payable: 11,696 CAD
  • Total Interest: 2,925 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)
3.08
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 15.08CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
8.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,883.52
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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