Payment Analysis
360.64CAD/monthin Toronto, ON
- 360.64 CAD/month
- 166.45 CAD/bi-weekly
- 83.22 CAD/week
- 4,327.68 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 407.52 CAD/month
- 188.09 CAD/bi-weekly
- 94.04 CAD/week
- 4,890.28 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:
1,750 ~ 2,650 CAD
compared to leasing a BRAND NEW:
- Honda Civic Touring
- for 42 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 396 |
---|---|
This Contract (CAD/month) | 361 |
Monthly Difference | 35 CAD/month |
Remaining Term | x 10 months |
Total Monthly Difference | = 350 CAD |
+ Cash Incentive** (CAD) | + 600 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 1,750 ~ 2,650 |
** "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:
15,366 CAD
- Total Vehicle Debt: 30,670 CAD
- Paid so Far: 14,704 CAD (47% Paid)
- Remaining Lease Payments: 3,606 CAD
- Residual Value: 12,360 CAD
- Cash Incentive: 600 CAD
Vehicle Debt & Value
Paid so far: 14,704 CAD Total Vehicle Value: 30,670 CAD
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 3,606 CAD
Term Paid so Far: 13,704 CAD Residual Value: 12,360 CAD
Cost to Own
Already Paid: 14,704 CAD (47%)
Cash Incentive: 600 CAD Buyout Price Today: 15,366 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: 15,366 CAD
- 4.9%Interest Rate x 48 months
- 353 CAD/month + tax
- Total Payable: 16,952 CAD
- Total Interest: 1,586 CAD
- 8.9%Interest Rate x 48 months
- 382 CAD/month + tax
- Total Payable: 18,319 CAD
- Total Interest: 2,953 CAD
- 14.9%Interest Rate x 48 months
- 427 CAD/month + tax
- Total Payable: 20,490 CAD
- Total Interest: 5,124 CAD
At the end of the Lease Contract
Residual Value: 12,360 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 284 CAD/month + tax
- Total Payable: 13,636 CAD
- Total Interest: 1,276 CAD
- 8.9%Interest Rate x 48 months
- 307 CAD/month + tax
- Total Payable: 14,735 CAD
- Total Interest: 2,376 CAD
- 14.9%Interest Rate x 48 months
- 343 CAD/month + tax
- Total Payable: 16,481 CAD
- Total Interest: 4,121 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)
3.22
- + tax
- + fuel
- + insurance
- 3.86CAD/100km (TODAY without the Cash Incentive)
- 18.03CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
9.88
- + tax
- + insurance
- + km driven & fuel
- 11.86CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
2,157.69
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in May, 2019)
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