This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 500 cash
Lease Transfer Honda Lease Takeover in Montreal, QC: 2020 Honda Civic Lx CVT 2WD
SAVE ~1,000 CAD
CAD/month x 7 months
2020 Honda Civic LX (ID: #24709)
252
Montreal, QC
2020 Honda

Civic LX CVT 2WD

Payment Details
  • Current Payment: 252 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 181 CAD/month + tax
  • Residual Value: 9,426 CAD
  • Months to End: 7 months (Jul, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 8,800 km total
  • Available Now: 156,343 km/year (13,029 per month)
  • Please note that this contract ends in less than a year.

Payment Analysis

252.23CAD/monthin Montreal, QC
    Before Taxes:
  • 252.23 CAD/month
  • 116.41 CAD/bi-weekly
  • 58.21 CAD/week
  • 3,026.76 CAD/year
Incl. Québec Taxes (14.98%):
  • 290.01 CAD/month
  • 133.85 CAD/bi-weekly
  • 66.93 CAD/week
  • 3,480.17 CAD/year

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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: 976 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX CVT 2WD
  • for 48 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 320
This Contract (CAD/month) 252
Monthly Difference 68 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 476 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 976
** "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: 10,692 CAD
  • Total Vehicle Debt: 24,560 CAD
  • Paid so Far: 13,368 CAD (54% Paid)
  • Remaining Lease Payments: 1,766 CAD
  • Residual Value: 9,426 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 13,368 CAD Total Vehicle Value: 24,560 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,766 CAD
Term Paid so Far: 13,368 CAD Residual Value: 9,426 CAD
0%
54%
7%
39%
Cost to Own
Already Paid: 13,368 CAD (54%)
Cash Incentive: 500 CAD Buyout Price Today: 10,692 CAD
54% Paid
2%
44%
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: 10,692 CAD

  • 4.9%Interest Rate x 48 months
  • 246 CAD/month + tax
  • Total Payable: 11,795 CAD
  • Total Interest: 1,104 CAD
  • 8.9%Interest Rate x 48 months
  • 266 CAD/month + tax
  • Total Payable: 12,746 CAD
  • Total Interest: 2,055 CAD
  • 14.9%Interest Rate x 48 months
  • 297 CAD/month + tax
  • Total Payable: 14,257 CAD
  • Total Interest: 3,565 CAD

At the end of the Lease Contract

Residual Value: 9,426 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 217 CAD/month + tax
  • Total Payable: 10,399 CAD
  • Total Interest: 973 CAD
  • 8.9%Interest Rate x 48 months
  • 234 CAD/month + tax
  • Total Payable: 11,238 CAD
  • Total Interest: 1,812 CAD
  • 14.9%Interest Rate x 48 months
  • 262 CAD/month + tax
  • Total Payable: 12,569 CAD
  • Total Interest: 3,143 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)
1.39
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 1.94CAD/100km (TODAY without the Cash Incentive)
  • 15.13CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
5.94
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 8.29CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
3,006.59
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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