Payment Analysis

305.84CAD/monthin Ottawa, ON
    Before Taxes:
  • 305.84 CAD/month
  • 141.16 CAD/bi-weekly
  • 70.58 CAD/week
  • 3,670.08 CAD/year
Incl. Ontario Taxes (13%):
  • 345.60 CAD/month
  • 159.51 CAD/bi-weekly
  • 79.75 CAD/week
  • 4,147.19 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: 2,370 ~ 2,770 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan EX CVT 2WD
  • for 30 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 462
This Contract (CAD/month) 306
Monthly Difference 157 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 1,570 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,370 ~ 2,770

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,186 CAD
  • Total Vehicle Debt: 26,808 CAD
  • Paid so Far: 12,622 CAD (47% Paid)
  • Remaining Lease Payments: 3,058 CAD
  • Residual Value: 11,128 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,622 CAD Total Vehicle Value: 26,808 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 3,058 CAD
Term Paid so Far: 11,622 CAD Residual Value: 11,128 CAD
3%
44%
11%
42%
Cost to Own
Already Paid: 12,622 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 14,186 CAD
47% Paid
0%
53%
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: 14,186 CAD

  • 4.9%Interest Rate x 48 months
  • 326 CAD/month + tax
  • Total Payable: 15,650 CAD
  • Total Interest: 1,464 CAD
  • 8.9%Interest Rate x 48 months
  • 352 CAD/month + tax
  • Total Payable: 16,913 CAD
  • Total Interest: 2,727 CAD
  • 14.9%Interest Rate x 48 months
  • 394 CAD/month + tax
  • Total Payable: 18,916 CAD
  • Total Interest: 4,730 CAD

At the end of the Lease Contract

Residual Value: 11,128 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 256 CAD/month + tax
  • Total Payable: 12,276 CAD
  • Total Interest: 1,149 CAD
  • 8.9%Interest Rate x 48 months
  • 276 CAD/month + tax
  • Total Payable: 13,266 CAD
  • Total Interest: 2,139 CAD
  • 14.9%Interest Rate x 48 months
  • 309 CAD/month + tax
  • Total Payable: 14,838 CAD
  • Total Interest: 3,710 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)
4.07
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 15.29CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
10.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,735.11
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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