Payment Analysis

410.98CAD/monthin Montreal, QC
    Before Taxes:
  • 410.98 CAD/month
  • 189.68 CAD/bi-weekly
  • 94.84 CAD/week
  • 4,931.76 CAD/year
Incl. Québec Taxes (14.98%):
  • 472.54 CAD/month
  • 218.10 CAD/bi-weekly
  • 109.05 CAD/week
  • 5,670.54 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: 14,807 ~ 16,107 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX AWD (FIT SPORT Manual 2WD has been discontinued)
  • for 12 months
  • in QC
  • $0 down payment
  • 40,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 691
This Contract (CAD/month) 411
Monthly Difference 281 CAD/month
Remaining Term x 47 months
Total Monthly Difference = 13,207 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,807 ~ 16,107

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,182 CAD
  • Total Vehicle Debt: 52,439 CAD
  • Paid so Far: 21,257 CAD (40% Paid)
  • Remaining Lease Payments: 19,316 CAD
  • Residual Value: 11,866 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,257 CAD Total Vehicle Value: 52,439 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 26,189 CAD Remaining Term: 19,316 CAD
Term Paid so Far: -4,932 CAD Residual Value: 11,866 CAD
49%
-9%
37%
23%
Cost to Own
Already Paid: 21,257 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 31,182 CAD
40% Paid
0%
60%
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: 31,182 CAD

  • 4.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,402 CAD
  • Total Interest: 3,219 CAD
  • 8.9%Interest Rate x 48 months
  • 774 CAD/month + tax
  • Total Payable: 37,176 CAD
  • Total Interest: 5,993 CAD
  • 14.9%Interest Rate x 48 months
  • 866 CAD/month + tax
  • Total Payable: 41,580 CAD
  • Total Interest: 10,398 CAD

At the end of the Lease Contract

Residual Value: 11,866 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,091 CAD
  • Total Interest: 1,225 CAD
  • 8.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,147 CAD
  • Total Interest: 2,281 CAD
  • 14.9%Interest Rate x 48 months
  • 330 CAD/month + tax
  • Total Payable: 15,823 CAD
  • Total Interest: 3,957 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)
59.59
  • + tax
  • + fuel
  • + insurance
(or 0.60CAD per km)
Time Analysis
Cost per day: (CAD)
13.51
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
159.14
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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