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: 3,600 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 20 months
Total Monthly Difference = 3,600 CAD
Total Savings (CAD) = 3,600

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,779 CAD
  • Total Vehicle Debt: 24,663 CAD
  • Paid so Far: 8,884 CAD (36% Paid)
  • Remaining Lease Payments: 4,560 CAD
  • Residual Value: 11,219 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,884 CAD Total Vehicle Value: 24,663 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 4,560 CAD
Term Paid so Far: 6,384 CAD Residual Value: 11,219 CAD
10%
26%
18%
46%
Cost to Own
Already Paid: 8,884 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 15,779 CAD
36% Paid
0%
64%
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: 15,779 CAD

  • 4.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,408 CAD
  • Total Interest: 1,629 CAD
  • 8.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,812 CAD
  • Total Interest: 3,033 CAD
  • 14.9%Interest Rate x 48 months
  • 438 CAD/month + tax
  • Total Payable: 21,040 CAD
  • Total Interest: 5,261 CAD

At the end of the Lease Contract

Residual Value: 11,219 CAD (in 20 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)
6.71
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 13.68CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
7.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
784.62
  • 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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