Payment Analysis

326.90CAD/monthin Guelph, ON
    Before Taxes:
  • 326.90 CAD/month
  • 150.88 CAD/bi-weekly
  • 75.44 CAD/week
  • 3,922.80 CAD/year
Incl. Ontario Taxes (13%):
  • 369.40 CAD/month
  • 170.49 CAD/bi-weekly
  • 85.25 CAD/week
  • 4,432.76 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: 4,475 ~ 5,775 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan EX
  • for 30 months
  • in Ontario
  • $0 down payment
  • 27,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 451
This Contract (CAD/month) 327
Monthly Difference 125 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 2,375 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,475 ~ 5,775
** "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: 16,687 CAD
  • Total Vehicle Debt: 28,502 CAD
  • Paid so Far: 11,316 CAD (39% Paid)
  • Remaining Lease Payments: 6,211 CAD
  • Residual Value: 10,976 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 11,316 CAD Total Vehicle Value: 28,502 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 1,836 CAD Remaining Term: 6,211 CAD
Term Paid so Far: 9,480 CAD Residual Value: 10,976 CAD
6%
33%
22%
39%
Cost to Own
Already Paid: 11,316 CAD (39%)
Cash Incentive: 500 CAD Buyout Price Today: 16,687 CAD
39% Paid
1%
60%
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: 16,687 CAD

  • 4.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,409 CAD
  • Total Interest: 1,723 CAD
  • 8.9%Interest Rate x 48 months
  • 414 CAD/month + tax
  • Total Payable: 19,894 CAD
  • Total Interest: 3,207 CAD
  • 14.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,251 CAD
  • Total Interest: 5,564 CAD

At the end of the Lease Contract

Residual Value: 10,976 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,109 CAD
  • Total Interest: 1,133 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,085 CAD
  • Total Interest: 2,110 CAD
  • 14.9%Interest Rate x 48 months
  • 305 CAD/month + tax
  • Total Payable: 14,635 CAD
  • Total Interest: 3,660 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)
7.79
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 8.47CAD/100km (TODAY without the Cash Incentive)
  • 16.35CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
9.88
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 10.75CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
890.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 461.54km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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