Payment Analysis

228.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 228.00 CAD/month
  • 105.23 CAD/bi-weekly
  • 52.62 CAD/week
  • 2,736.00 CAD/year
Incl. Ontario Taxes (13%):
  • 257.64 CAD/month
  • 118.91 CAD/bi-weekly
  • 59.46 CAD/week
  • 3,091.68 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: 2,340 CAD

compared to leasing a BRAND NEW:

  • Honda Civic EX CTV
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 408
This Contract (CAD/month) 228
Monthly Difference 180 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 2,340 CAD
Total Savings (CAD) = 2,340

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,183 CAD
  • Total Vehicle Debt: 24,663 CAD
  • Paid so Far: 10,480 CAD (42% Paid)
  • Remaining Lease Payments: 2,964 CAD
  • Residual Value: 11,219 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,480 CAD Total Vehicle Value: 24,663 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 2,964 CAD
Term Paid so Far: 7,980 CAD Residual Value: 11,219 CAD
10%
32%
12%
46%
Cost to Own
Already Paid: 10,480 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 14,183 CAD
42% Paid
0%
58%
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: 14,183 CAD

  • 4.9%Interest Rate x 48 months
  • 326 CAD/month + tax
  • Total Payable: 15,647 CAD
  • Total Interest: 1,464 CAD
  • 8.9%Interest Rate x 48 months
  • 352 CAD/month + tax
  • Total Payable: 16,909 CAD
  • Total Interest: 2,726 CAD
  • 14.9%Interest Rate x 48 months
  • 394 CAD/month + tax
  • Total Payable: 18,912 CAD
  • Total Interest: 4,729 CAD

At the end of the Lease Contract

Residual Value: 11,219 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,377 CAD
  • Total Interest: 1,158 CAD
  • 8.9%Interest Rate x 48 months
  • 279 CAD/month + tax
  • Total Payable: 13,375 CAD
  • Total Interest: 2,156 CAD
  • 14.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,960 CAD
  • Total Interest: 3,741 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)
4.36
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 13.68CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
7.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,207.10
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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