Payment Analysis

313.00CAD/monthin Toronto, ON
    Before Taxes:
  • 313.00 CAD/month
  • 144.46 CAD/bi-weekly
  • 72.23 CAD/week
  • 3,756.00 CAD/year
Incl. Ontario Taxes (13%):
  • 353.69 CAD/month
  • 163.24 CAD/bi-weekly
  • 81.62 CAD/week
  • 4,244.28 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: 378 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX CVT FWD
  • for 60 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 331
This Contract (CAD/month) 313
Monthly Difference 18 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 378 CAD
Total Savings (CAD) = 378

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,827 CAD
  • Total Vehicle Debt: 30,034 CAD
  • Paid so Far: 12,207 CAD (40% Paid)
  • Remaining Lease Payments: 6,573 CAD
  • Residual Value: 11,254 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,207 CAD Total Vehicle Value: 30,034 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,573 CAD
Term Paid so Far: 12,207 CAD Residual Value: 11,254 CAD
0%
40%
22%
38%
Cost to Own
Already Paid: 12,207 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 17,827 CAD
40% Paid
0%
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: 17,827 CAD

  • 4.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,667 CAD
  • Total Interest: 1,840 CAD
  • 8.9%Interest Rate x 48 months
  • 443 CAD/month + tax
  • Total Payable: 21,253 CAD
  • Total Interest: 3,426 CAD
  • 14.9%Interest Rate x 48 months
  • 495 CAD/month + tax
  • Total Payable: 23,771 CAD
  • Total Interest: 5,944 CAD

At the end of the Lease Contract

Residual Value: 11,254 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 259 CAD/month + tax
  • Total Payable: 12,416 CAD
  • Total Interest: 1,162 CAD
  • 8.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,417 CAD
  • Total Interest: 2,163 CAD
  • 14.9%Interest Rate x 48 months
  • 313 CAD/month + tax
  • Total Payable: 15,006 CAD
  • Total Interest: 3,753 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)
6.57
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 18.78CAD/100km (Original Contract back in Oct, 2021)
Time Analysis
Cost per day: (CAD)
10.29
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,098.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2021)

Seller Contact Info

This Contract was Already Transferred.

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