Payment Analysis

260.52CAD/monthin Oliver, BC
    Before Taxes:
  • 260.52 CAD/month
  • 120.24 CAD/bi-weekly
  • 60.12 CAD/week
  • 3,126.24 CAD/year
Incl. B.C. Taxes (12%):
  • 291.78 CAD/month
  • 134.67 CAD/bi-weekly
  • 67.33 CAD/week
  • 3,501.39 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: 16,300 ~ 17,600 CAD

compared to leasing a BRAND NEW:

  • Honda Civic EX
  • for 24 months
  • in B.C.
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 470
This Contract (CAD/month) 261
Monthly Difference 210 CAD/month
Remaining Term x 70 months
Total Monthly Difference = 14,700 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 16,300 ~ 17,600

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,786 CAD
  • Total Vehicle Debt: 21,615 CAD
  • Paid so Far: -5,171 CAD (-24% Paid)
  • Remaining Lease Payments: 18,236 CAD
  • Residual Value: 8,550 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -5,171 CAD Total Vehicle Value: 21,615 CAD
-24% Paid
124%
Vehicle Debt Breakdown
Downpayment: 300 CAD Remaining Term: 18,236 CAD
Term Paid so Far: -5,471 CAD Residual Value: 8,550 CAD
1%
-25%
84%
40%
Cost to Own
Already Paid: -5,171 CAD (-24%)
Cash Incentive: 0 CAD Buyout Price Today: 26,786 CAD
-24% Paid
0%
124%
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: 26,786 CAD

  • 4.9%Interest Rate x 48 months
  • 616 CAD/month + tax
  • Total Payable: 29,551 CAD
  • Total Interest: 2,765 CAD
  • 8.9%Interest Rate x 48 months
  • 665 CAD/month + tax
  • Total Payable: 31,934 CAD
  • Total Interest: 5,148 CAD
  • 14.9%Interest Rate x 48 months
  • 744 CAD/month + tax
  • Total Payable: 35,717 CAD
  • Total Interest: 8,932 CAD

At the end of the Lease Contract

Residual Value: 8,550 CAD (in 70 months)

  • 4.9%Interest Rate x 48 months
  • 197 CAD/month + tax
  • Total Payable: 9,432 CAD
  • Total Interest: 883 CAD
  • 8.9%Interest Rate x 48 months
  • 212 CAD/month + tax
  • Total Payable: 10,193 CAD
  • Total Interest: 1,643 CAD
  • 14.9%Interest Rate x 48 months
  • 238 CAD/month + tax
  • Total Payable: 11,400 CAD
  • Total Interest: 2,851 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)
38.60
  • + tax
  • + fuel
  • + insurance
(or 0.39CAD per km)
Time Analysis
Cost per day: (CAD)
8.57
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
155.76
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD