This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer Honda Lease Takeover in Toronto, ON: 2020 Honda Civic Sedan Touring Automatic 2WD
SAVE ~1,400 CAD
CAD/month x 2 months
2020 Honda Civic Sedan Touring (ID: #23910)
318
Toronto, ON
2020 Honda

Civic Sedan Touring Automatic 2WD W/ Lease Guard

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 318 CAD/month + tax
  • Original Downpayment: 500 CAD
  • Residual Value: 10,364 CAD
  • Months to End: 2 months (Jul, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 6,100 km total
  • Available Now: 683,400 km/year (56,950 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • All Main Coverages
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

318.00CAD/monthin Toronto, ON
    Before Taxes:
  • 318.00 CAD/month
  • 146.77 CAD/bi-weekly
  • 73.38 CAD/week
  • 3,816.00 CAD/year
Incl. Ontario Taxes (13%):
  • 359.34 CAD/month
  • 165.85 CAD/bi-weekly
  • 82.92 CAD/week
  • 4,312.08 CAD/year

Estimate Insurance Costs

 

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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: 918 ~ 1,818 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan Touring Automatic AWD W Lease Guard
  • for 54 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 377
This Contract (CAD/month) 318
Monthly Difference 59 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 118 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 918 ~ 1,818

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 11,000 CAD
  • Total Vehicle Debt: 29,944 CAD
  • Paid so Far: 18,944 CAD (63% Paid)
  • Remaining Lease Payments: 636 CAD
  • Residual Value: 10,364 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,944 CAD Total Vehicle Value: 29,944 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 636 CAD
Term Paid so Far: 18,444 CAD Residual Value: 10,364 CAD
1%
62%
2%
35%
Cost to Own
Already Paid: 18,944 CAD (63%)
Cash Incentive: 0 CAD Buyout Price Today: 11,000 CAD
63% Paid
0%
37%
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: 11,000 CAD

  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,136 CAD
  • Total Interest: 1,136 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,114 CAD
  • Total Interest: 2,114 CAD
  • 14.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,668 CAD
  • Total Interest: 3,668 CAD

At the end of the Lease Contract

Residual Value: 10,364 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 238 CAD/month + tax
  • Total Payable: 11,434 CAD
  • Total Interest: 1,070 CAD
  • 8.9%Interest Rate x 48 months
  • 257 CAD/month + tax
  • Total Payable: 12,356 CAD
  • Total Interest: 1,992 CAD
  • 14.9%Interest Rate x 48 months
  • 288 CAD/month + tax
  • Total Payable: 13,820 CAD
  • Total Interest: 3,456 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)
0.56
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 15.90CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
10.45
  • + tax
  • + insurance
  • + km driven & fuel
(1.64CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
13,142.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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