Payment Analysis
434.84CAD/monthin Vaughan, ON
- 434.84 CAD/month
- 200.70 CAD/bi-weekly
- 100.35 CAD/week
- 5,218.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 491.37 CAD/month
- 226.79 CAD/bi-weekly
- 113.39 CAD/week
- 5,896.43 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:
8,200 ~ 9,100 CAD
compared to leasing a BRAND NEW:
- Honda Civic Hatchback Touring
- for 30 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 590 |
---|---|
This Contract (CAD/month) | 435 |
Monthly Difference | 155 CAD/month |
Remaining Term | x 40 months |
Total Monthly Difference | = 6,200 CAD |
+ Cash Incentive** (CAD) | + 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 8,200 ~ 9,100 |
** "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:
29,172 CAD
- Total Vehicle Debt: 33,850 CAD
- Paid so Far: 3,479 CAD (10% Paid)
- Remaining Lease Payments: 17,394 CAD
- Residual Value: 12,978 CAD
- Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 3,479 CAD Total Vehicle Value: 33,850 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,394 CAD
Term Paid so Far: 3,479 CAD Residual Value: 12,978 CAD
Cost to Own
Already Paid: 3,479 CAD (10%)
Cash Incentive: 1,200 CAD Buyout Price Today: 29,172 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: 29,172 CAD
- 4.9%Interest Rate x 48 months
- 670 CAD/month + tax
- Total Payable: 32,183 CAD
- Total Interest: 3,011 CAD
- 8.9%Interest Rate x 48 months
- 725 CAD/month + tax
- Total Payable: 34,779 CAD
- Total Interest: 5,607 CAD
- 14.9%Interest Rate x 48 months
- 810 CAD/month + tax
- Total Payable: 38,899 CAD
- Total Interest: 9,727 CAD
At the end of the Lease Contract
Residual Value: 12,978 CAD (in 40 months)
- 4.9%Interest Rate x 48 months
- 298 CAD/month + tax
- Total Payable: 14,318 CAD
- Total Interest: 1,340 CAD
- 8.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,472 CAD
- Total Interest: 2,494 CAD
- 14.9%Interest Rate x 48 months
- 361 CAD/month + tax
- Total Payable: 17,305 CAD
- Total Interest: 4,327 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)
18.20
- + tax
- + fuel
- + insurance
- 19.54CAD/100km (TODAY without the Cash Incentive)
- 21.74CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
13.31
- + tax
- + insurance
- + km driven & fuel
- 14.30CAD/day (Original Contract back in Jan, 2018)
Remaining Km
Can be driven up to:
513.46
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jan, 2018)
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