Payment Analysis

354.36CAD/monthin Halifax, NS
    Before Taxes:
  • 354.36 CAD/month
  • 163.55 CAD/bi-weekly
  • 81.78 CAD/week
  • 4,252.32 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 407.51 CAD/month
  • 188.08 CAD/bi-weekly
  • 94.04 CAD/week
  • 4,890.17 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: 2,336 ~ 3,236 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX w/ Lease-Guard Pro ($1,443.00) + * 5 Year/100,000 km ($1,258.00)
  • for 48 months
  • in Nova Scotia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 418
This Contract (CAD/month) 354
Monthly Difference 64 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 1,536 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,336 ~ 3,236

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,667 CAD
  • Total Vehicle Debt: 32,070 CAD
  • Paid so Far: 12,403 CAD (38% Paid)
  • Remaining Lease Payments: 8,505 CAD
  • Residual Value: 11,163 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,403 CAD Total Vehicle Value: 32,070 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,505 CAD
Term Paid so Far: 12,403 CAD Residual Value: 11,163 CAD
0%
38%
26%
36%
Cost to Own
Already Paid: 12,403 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 19,667 CAD
38% Paid
0%
62%
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: 19,667 CAD

  • 4.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,698 CAD
  • Total Interest: 2,030 CAD
  • 8.9%Interest Rate x 48 months
  • 488 CAD/month + tax
  • Total Payable: 23,448 CAD
  • Total Interest: 3,780 CAD
  • 14.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,225 CAD
  • Total Interest: 6,558 CAD

At the end of the Lease Contract

Residual Value: 11,163 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 257 CAD/month + tax
  • Total Payable: 12,315 CAD
  • Total Interest: 1,152 CAD
  • 8.9%Interest Rate x 48 months
  • 277 CAD/month + tax
  • Total Payable: 13,308 CAD
  • Total Interest: 2,146 CAD
  • 14.9%Interest Rate x 48 months
  • 310 CAD/month + tax
  • Total Payable: 14,885 CAD
  • Total Interest: 3,722 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)
9.64
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 21.26CAD/100km (Original Contract back in Jul, 2022)
Time Analysis
Cost per day: (CAD)
11.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
848.40
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2022)

Seller Contact Info

This Contract was Already Transferred.

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