Payment Analysis
241.86CAD/monthin Hamilton, ON
- 241.86 CAD/month
- 111.63 CAD/bi-weekly
- 55.81 CAD/week
- 2,902.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 273.30 CAD/month
- 126.14 CAD/bi-weekly
- 63.07 CAD/week
- 3,279.62 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:
3,996 ~ 4,896 CAD
compared to leasing a BRAND NEW:
- Honda Civic LX CVT
- for 30 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 335 |
---|---|
This Contract (CAD/month) | 242 |
Monthly Difference | 94 CAD/month |
Remaining Term | x 34 months |
Total Monthly Difference | = 3,196 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,996 ~ 4,896 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
17,609 CAD
- Total Vehicle Debt: 23,995 CAD
- Paid so Far: 6,386 CAD (26% Paid)
- Remaining Lease Payments: 8,223 CAD
- Residual Value: 9,386 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,386 CAD Total Vehicle Value: 23,995 CAD
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 8,223 CAD
Term Paid so Far: 3,386 CAD Residual Value: 9,386 CAD
Cost to Own
Already Paid: 6,386 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 17,609 CAD
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: 17,609 CAD
- 4.9%Interest Rate x 48 months
- 405 CAD/month + tax
- Total Payable: 19,427 CAD
- Total Interest: 1,818 CAD
- 8.9%Interest Rate x 48 months
- 437 CAD/month + tax
- Total Payable: 20,994 CAD
- Total Interest: 3,385 CAD
- 14.9%Interest Rate x 48 months
- 489 CAD/month + tax
- Total Payable: 23,481 CAD
- Total Interest: 5,872 CAD
At the end of the Lease Contract
Residual Value: 9,386 CAD (in 34 months)
- 4.9%Interest Rate x 48 months
- 216 CAD/month + tax
- Total Payable: 10,355 CAD
- Total Interest: 969 CAD
- 8.9%Interest Rate x 48 months
- 233 CAD/month + tax
- Total Payable: 11,190 CAD
- Total Interest: 1,804 CAD
- 14.9%Interest Rate x 48 months
- 261 CAD/month + tax
- Total Payable: 12,516 CAD
- Total Interest: 3,130 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)
13.26
- + tax
- + fuel
- + insurance
- 14.51CAD/100km (Original Contract back in Jun, 2017)
Time Analysis
Cost per day: (CAD)
7.95
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
420.81
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jun, 2017)