Payment Analysis

292.04CAD/monthin Winnipeg, MB
    Before Taxes:
  • 292.04 CAD/month
  • 134.79 CAD/bi-weekly
  • 67.39 CAD/week
  • 3,504.48 CAD/year
Incl. Manitoba Taxes (13%):
  • 330.01 CAD/month
  • 152.31 CAD/bi-weekly
  • 76.16 CAD/week
  • 3,960.06 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: 462 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Coupe LX
  • for 42 months
  • in Manitoba
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 314
This Contract (CAD/month) 292
Monthly Difference 22 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 462 CAD
Total Savings (CAD) = 462

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,074 CAD
  • Total Vehicle Debt: 22,623 CAD
  • Paid so Far: 5,549 CAD (24% Paid)
  • Remaining Lease Payments: 6,133 CAD
  • Residual Value: 10,941 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,549 CAD Total Vehicle Value: 22,623 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,133 CAD
Term Paid so Far: 5,549 CAD Residual Value: 10,941 CAD
0%
24%
27%
49%
Cost to Own
Already Paid: 5,549 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 17,074 CAD
24% Paid
0%
76%
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: 17,074 CAD

  • 4.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,837 CAD
  • Total Interest: 1,763 CAD
  • 8.9%Interest Rate x 48 months
  • 424 CAD/month + tax
  • Total Payable: 20,356 CAD
  • Total Interest: 3,282 CAD
  • 14.9%Interest Rate x 48 months
  • 474 CAD/month + tax
  • Total Payable: 22,767 CAD
  • Total Interest: 5,693 CAD

At the end of the Lease Contract

Residual Value: 10,941 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,071 CAD
  • Total Interest: 1,129 CAD
  • 8.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,044 CAD
  • Total Interest: 2,103 CAD
  • 14.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,589 CAD
  • Total Interest: 3,648 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)
10.34
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 17.52CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
9.60
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
651.67
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Mar, 2019)