Payment Analysis
295.80CAD/monthin Hamilton, ON
- 295.80 CAD/month
- 136.52 CAD/bi-weekly
- 68.26 CAD/week
- 3,549.60 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 334.25 CAD/month
- 154.27 CAD/bi-weekly
- 77.14 CAD/week
- 4,011.05 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:
6,255 ~ 7,555 CAD
compared to leasing a BRAND NEW:
- Honda Civic LX CVT
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year
Leasing New (CAD/month) | 428 |
---|---|
This Contract (CAD/month) | 296 |
Monthly Difference | 133 CAD/month |
Remaining Term | x 35 months |
Total Monthly Difference | = 4,655 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 6,255 ~ 7,555 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
16,853 CAD
- Total Vehicle Debt: 23,698 CAD
- Paid so Far: 6,845 CAD (28% Paid)
- Remaining Lease Payments: 10,353 CAD
- Residual Value: 6,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,845 CAD Total Vehicle Value: 23,698 CAD
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 10,353 CAD
Term Paid so Far: 3,845 CAD Residual Value: 6,500 CAD
Cost to Own
Already Paid: 6,845 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 16,853 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: 16,853 CAD
- 4.9%Interest Rate x 48 months
- 387 CAD/month + tax
- Total Payable: 18,593 CAD
- Total Interest: 1,740 CAD
- 8.9%Interest Rate x 48 months
- 419 CAD/month + tax
- Total Payable: 20,092 CAD
- Total Interest: 3,239 CAD
- 14.9%Interest Rate x 48 months
- 468 CAD/month + tax
- Total Payable: 22,473 CAD
- Total Interest: 5,620 CAD
At the end of the Lease Contract
Residual Value: 6,500 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 149 CAD/month + tax
- Total Payable: 7,171 CAD
- Total Interest: 671 CAD
- 8.9%Interest Rate x 48 months
- 161 CAD/month + tax
- Total Payable: 7,749 CAD
- Total Interest: 1,249 CAD
- 14.9%Interest Rate x 48 months
- 181 CAD/month + tax
- Total Payable: 8,667 CAD
- Total Interest: 2,167 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)
18.49
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
9.72
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
369.23
- km/week
- without any
- additional costs