Payment Analysis
383.00CAD/monthin Richmond Hill, ON
- 383.00 CAD/month
- 176.77 CAD/bi-weekly
- 88.38 CAD/week
- 4,596.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 432.79 CAD/month
- 199.75 CAD/bi-weekly
- 99.87 CAD/week
- 5,193.48 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:
4,176 ~ 4,576 CAD
compared to leasing a BRAND NEW:
- Civic Sedan TOURING CVT
- for 30 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 470 |
---|---|
This Contract (CAD/month) | 383 |
Monthly Difference | 87 CAD/month |
Remaining Term | x 30 months |
Total Monthly Difference | = 2,610 CAD |
+ Cash Incentive** (CAD) | + 766 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 4,176 ~ 4,576 |
** "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:
23,644 CAD
- Total Vehicle Debt: 32,074 CAD
- Paid so Far: 7,664 CAD (23% Paid)
- Remaining Lease Payments: 11,490 CAD
- Residual Value: 12,920 CAD
- Cash Incentive: 766 CAD
Vehicle Debt & Value
Paid so far: 7,664 CAD Total Vehicle Value: 32,074 CAD
Vehicle Debt Breakdown
Downpayment: 770 CAD Remaining Term: 11,490 CAD
Term Paid so Far: 6,894 CAD Residual Value: 12,920 CAD
Cost to Own
Already Paid: 7,664 CAD (23%)
Cash Incentive: 766 CAD Buyout Price Today: 23,644 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: 23,644 CAD
- 4.9%Interest Rate x 48 months
- 543 CAD/month + tax
- Total Payable: 26,085 CAD
- Total Interest: 2,441 CAD
- 8.9%Interest Rate x 48 months
- 587 CAD/month + tax
- Total Payable: 28,189 CAD
- Total Interest: 4,545 CAD
- 14.9%Interest Rate x 48 months
- 657 CAD/month + tax
- Total Payable: 31,528 CAD
- Total Interest: 7,884 CAD
At the end of the Lease Contract
Residual Value: 12,920 CAD (in 30 months)
- 4.9%Interest Rate x 48 months
- 297 CAD/month + tax
- Total Payable: 14,254 CAD
- Total Interest: 1,334 CAD
- 8.9%Interest Rate x 48 months
- 321 CAD/month + tax
- Total Payable: 15,404 CAD
- Total Interest: 2,483 CAD
- 14.9%Interest Rate x 48 months
- 359 CAD/month + tax
- Total Payable: 17,228 CAD
- Total Interest: 4,308 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)
18.81
- + tax
- + fuel
- + insurance
- 20.16CAD/100km (TODAY without the Cash Incentive)
- 22.98CAD/100km (Original Contract back in Sep, 2017)
Time Analysis
Cost per day: (CAD)
11.75
- + tax
- + insurance
- + km driven & fuel
- 12.59CAD/day (Original Contract back in Sep, 2017)
Remaining Km
Can be driven up to:
438.46
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2017)
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