Payment Analysis

340.00CAD/monthin Kingston, ON
    Before Taxes:
  • 340.00 CAD/month
  • 156.92 CAD/bi-weekly
  • 78.46 CAD/week
  • 4,080.00 CAD/year
Incl. Ontario Taxes (13%):
  • 384.20 CAD/month
  • 177.32 CAD/bi-weekly
  • 88.66 CAD/week
  • 4,610.40 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: 3,678 ~ 4,578 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan TOURING AWD
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 466
This Contract (CAD/month) 340
Monthly Difference 126 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 378 CAD
+ Cash Incentive** (CAD) + 2,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,678 ~ 4,578
** "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: 14,520 CAD
  • Total Vehicle Debt: 36,560 CAD
  • Paid so Far: 19,540 CAD (53% Paid)
  • Remaining Lease Payments: 1,020 CAD
  • Residual Value: 16,000 CAD
  • Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 19,540 CAD Total Vehicle Value: 36,560 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 1,020 CAD
Term Paid so Far: 19,040 CAD Residual Value: 16,000 CAD
1%
52%
2%
45%
Cost to Own
Already Paid: 19,540 CAD (53%)
Cash Incentive: 2,500 CAD Buyout Price Today: 14,520 CAD
53% Paid
6%
41%
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: 14,520 CAD

  • 4.9%Interest Rate x 48 months
  • 334 CAD/month + tax
  • Total Payable: 16,019 CAD
  • Total Interest: 1,499 CAD
  • 8.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,311 CAD
  • Total Interest: 2,791 CAD
  • 14.9%Interest Rate x 48 months
  • 403 CAD/month + tax
  • Total Payable: 19,362 CAD
  • Total Interest: 4,842 CAD

At the end of the Lease Contract

Residual Value: 16,000 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,652 CAD
  • Total Interest: 1,652 CAD
  • 8.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,075 CAD
  • Total Interest: 3,075 CAD
  • 14.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,335 CAD
  • Total Interest: 5,335 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)
-4.63
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,500CAD incentive)
  • 3.19CAD/100km (TODAY without the Cash Incentive)
  • 20.40CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
-16.22
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,500CAD incentive)
  • 11.18CAD/day (Original Contract back in Aug, 2019)
Remaining Km
Can be driven up to:
2,460.41
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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