Payment Analysis

172.28CAD/monthin Vancouver, BC
    Before Taxes:
  • 172.28 CAD/month
  • 79.51 CAD/bi-weekly
  • 39.76 CAD/week
  • 2,067.36 CAD/year
Incl. B.C. Taxes (12%):
  • 192.95 CAD/month
  • 89.06 CAD/bi-weekly
  • 44.53 CAD/week
  • 2,315.44 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: 342 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX
  • for 48 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 343
This Contract (CAD/month) 172
Monthly Difference 171 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 342 CAD
Total Savings (CAD) = 342

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 9,743 CAD
  • Total Vehicle Debt: 19,974 CAD
  • Paid so Far: 10,231 CAD (51% Paid)
  • Remaining Lease Payments: 345 CAD
  • Residual Value: 9,398 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,231 CAD Total Vehicle Value: 19,974 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 239 CAD Remaining Term: 345 CAD
Term Paid so Far: 9,992 CAD Residual Value: 9,398 CAD
1%
50%
1%
48%
Cost to Own
Already Paid: 10,231 CAD (51%)
Cash Incentive: 0 CAD Buyout Price Today: 9,743 CAD
51% Paid
0%
49%
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: 9,743 CAD

  • 4.9%Interest Rate x 48 months
  • 224 CAD/month + tax
  • Total Payable: 10,748 CAD
  • Total Interest: 1,006 CAD
  • 8.9%Interest Rate x 48 months
  • 242 CAD/month + tax
  • Total Payable: 11,615 CAD
  • Total Interest: 1,873 CAD
  • 14.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 12,991 CAD
  • Total Interest: 3,249 CAD

At the end of the Lease Contract

Residual Value: 9,398 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 216 CAD/month + tax
  • Total Payable: 10,368 CAD
  • Total Interest: 970 CAD
  • 8.9%Interest Rate x 48 months
  • 233 CAD/month + tax
  • Total Payable: 11,204 CAD
  • Total Interest: 1,806 CAD
  • 14.9%Interest Rate x 48 months
  • 261 CAD/month + tax
  • Total Payable: 12,532 CAD
  • Total Interest: 3,134 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)
0.32
  • + tax
  • + fuel
  • + insurance
(or 0.00CAD per km)
  • 8.61CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
5.66
  • + tax
  • + insurance
  • + km driven & fuel
(1.64CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
12,403.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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