Payment Analysis

256.86CAD/monthin Stony Mountain, MB
    Before Taxes:
  • 256.86 CAD/month
  • 118.55 CAD/bi-weekly
  • 59.28 CAD/week
  • 3,082.32 CAD/year
Incl. Manitoba Taxes (13%):
  • 290.25 CAD/month
  • 133.96 CAD/bi-weekly
  • 66.98 CAD/week
  • 3,483.02 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: 5,996 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX
  • for 24 months
  • in Manitoba
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 417
This Contract (CAD/month) 257
Monthly Difference 161 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 5,796 CAD
+ Cash Incentive** (CAD) + 200
Total Savings (CAD) = 5,996
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,397 CAD
  • Total Vehicle Debt: 23,505 CAD
  • Paid so Far: 5,908 CAD (25% Paid)
  • Remaining Lease Payments: 9,247 CAD
  • Residual Value: 8,350 CAD
  • Cash Incentive: 200 CAD
Vehicle Debt & Value
Paid so far: 5,908 CAD Total Vehicle Value: 23,505 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,247 CAD
Term Paid so Far: 5,908 CAD Residual Value: 8,350 CAD
0%
25%
39%
36%
Cost to Own
Already Paid: 5,908 CAD (25%)
Cash Incentive: 200 CAD Buyout Price Today: 17,397 CAD
25% Paid
0%
75%
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: 17,397 CAD

  • 4.9%Interest Rate x 48 months
  • 400 CAD/month + tax
  • Total Payable: 19,193 CAD
  • Total Interest: 1,796 CAD
  • 8.9%Interest Rate x 48 months
  • 432 CAD/month + tax
  • Total Payable: 20,741 CAD
  • Total Interest: 3,344 CAD
  • 14.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,198 CAD
  • Total Interest: 5,801 CAD

At the end of the Lease Contract

Residual Value: 8,350 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 192 CAD/month + tax
  • Total Payable: 9,212 CAD
  • Total Interest: 862 CAD
  • 8.9%Interest Rate x 48 months
  • 207 CAD/month + tax
  • Total Payable: 9,955 CAD
  • Total Interest: 1,605 CAD
  • 14.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,134 CAD
  • Total Interest: 2,784 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)
17.91
  • + tax
  • + fuel
  • + insurance
(inlcuding the 200CAD incentive)
Time Analysis
Cost per day: (CAD)
8.26
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 200CAD incentive)
Remaining Km
Can be driven up to:
323.72
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD