Payment Analysis

353.00CAD/monthin North York, ON
    Before Taxes:
  • 353.00 CAD/month
  • 162.92 CAD/bi-weekly
  • 81.46 CAD/week
  • 4,236.00 CAD/year
Incl. Ontario Taxes (13%):
  • 398.89 CAD/month
  • 184.10 CAD/bi-weekly
  • 92.05 CAD/week
  • 4,786.68 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: 14,675 ~ 15,575 CAD

compared to leasing a BRAND NEW:

  • Civic Hatchback SPORT TOURING
  • for 24 months
  • in Ontario
  • $0 down payment
  • 30,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 728
This Contract (CAD/month) 353
Monthly Difference 375 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 13,875 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,675 ~ 15,575

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 34,702 CAD
  • Total Vehicle Debt: 40,732 CAD
  • Paid so Far: 6,030 CAD (14% Paid)
  • Remaining Lease Payments: 13,061 CAD
  • Residual Value: 21,641 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,030 CAD Total Vehicle Value: 40,732 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 13,061 CAD
Term Paid so Far: 3,530 CAD Residual Value: 21,641 CAD
5%
9%
32%
54%
Cost to Own
Already Paid: 6,030 CAD (14%)
Cash Incentive: 0 CAD Buyout Price Today: 34,702 CAD
14% Paid
0%
86%
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: 34,702 CAD

  • 4.9%Interest Rate x 48 months
  • 798 CAD/month + tax
  • Total Payable: 38,284 CAD
  • Total Interest: 3,582 CAD
  • 8.9%Interest Rate x 48 months
  • 862 CAD/month + tax
  • Total Payable: 41,372 CAD
  • Total Interest: 6,670 CAD
  • 14.9%Interest Rate x 48 months
  • 964 CAD/month + tax
  • Total Payable: 46,273 CAD
  • Total Interest: 11,571 CAD

At the end of the Lease Contract

Residual Value: 21,641 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,875 CAD
  • Total Interest: 2,234 CAD
  • 8.9%Interest Rate x 48 months
  • 538 CAD/month + tax
  • Total Payable: 25,800 CAD
  • Total Interest: 4,159 CAD
  • 14.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,857 CAD
  • Total Interest: 7,216 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)
18.95
  • + tax
  • + fuel
  • + insurance
(or 0.19CAD per km)
Time Analysis
Cost per day: (CAD)
11.61
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
429.83
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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