Payment Analysis
248.00CAD/monthin Welland, ON
- 248.00 CAD/month
- 114.46 CAD/bi-weekly
- 57.23 CAD/week
- 2,976.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 280.24 CAD/month
- 129.34 CAD/bi-weekly
- 64.67 CAD/week
- 3,362.88 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:
288 CAD
compared to leasing a BRAND NEW:
- Honda Civic Sedan LX CVT 2WD
- for 60 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 264 |
|---|---|
| This Contract (CAD/month) | 248 |
| Monthly Difference | 16 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 288 CAD |
| Total Savings (CAD) | = 288 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
13,824 CAD
- Total Vehicle Debt: 24,240 CAD
- Paid so Far: 10,416 CAD (42% Paid)
- Remaining Lease Payments: 4,464 CAD
- Residual Value: 9,360 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,416 CAD Total Vehicle Value: 24,240 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,464 CAD
Term Paid so Far: 10,416 CAD Residual Value: 9,360 CAD
Cost to Own
Already Paid: 10,416 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 13,824 CAD
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: 13,824 CAD
- 4.9%Interest Rate x 48 months
- 318 CAD/month + tax
- Total Payable: 15,251 CAD
- Total Interest: 1,427 CAD
- 8.9%Interest Rate x 48 months
- 343 CAD/month + tax
- Total Payable: 16,481 CAD
- Total Interest: 2,657 CAD
- 14.9%Interest Rate x 48 months
- 384 CAD/month + tax
- Total Payable: 18,434 CAD
- Total Interest: 4,610 CAD
At the end of the Lease Contract
Residual Value: 9,360 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 215 CAD/month + tax
- Total Payable: 10,326 CAD
- Total Interest: 966 CAD
- 8.9%Interest Rate x 48 months
- 232 CAD/month + tax
- Total Payable: 11,159 CAD
- Total Interest: 1,799 CAD
- 14.9%Interest Rate x 48 months
- 260 CAD/month + tax
- Total Payable: 12,481 CAD
- Total Interest: 3,121 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)
4.46
- + tax
- + fuel
- + insurance
- 14.88CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
8.15
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,281.92
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2021)
Seller Contact Info
This Contract was Already Transferred.
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Payment Details
- Current Payment: 490 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 26,926 CAD
- Months to End: 20 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 11,000 km total
- Available Now: 22,200 km/year (1,850 per month)
- Excess Km Cost: 0.12 CAD/km
