Payment Analysis

290.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 290.00 CAD/month
  • 133.85 CAD/bi-weekly
  • 66.92 CAD/week
  • 3,480.00 CAD/year
Incl. B.C. Taxes (12%):
  • 324.80 CAD/month
  • 149.91 CAD/bi-weekly
  • 74.95 CAD/week
  • 3,897.60 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: 859 ~ 1,759 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan LX
  • for 42 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 349
This Contract (CAD/month) 290
Monthly Difference 59 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 59 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 859 ~ 1,759

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,290 CAD
  • Total Vehicle Debt: 23,630 CAD
  • Paid so Far: 13,340 CAD (56% Paid)
  • Remaining Lease Payments: 290 CAD
  • Residual Value: 10,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,340 CAD Total Vehicle Value: 23,630 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 290 CAD
Term Paid so Far: 13,340 CAD Residual Value: 10,000 CAD
0%
56%
1%
43%
Cost to Own
Already Paid: 13,340 CAD (56%)
Cash Incentive: 0 CAD Buyout Price Today: 10,290 CAD
56% Paid
0%
44%
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: 10,290 CAD

  • 4.9%Interest Rate x 48 months
  • 237 CAD/month + tax
  • Total Payable: 11,352 CAD
  • Total Interest: 1,062 CAD
  • 8.9%Interest Rate x 48 months
  • 256 CAD/month + tax
  • Total Payable: 12,268 CAD
  • Total Interest: 1,978 CAD
  • 14.9%Interest Rate x 48 months
  • 286 CAD/month + tax
  • Total Payable: 13,721 CAD
  • Total Interest: 3,431 CAD

At the end of the Lease Contract

Residual Value: 10,000 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 230 CAD/month + tax
  • Total Payable: 11,032 CAD
  • Total Interest: 1,032 CAD
  • 8.9%Interest Rate x 48 months
  • 248 CAD/month + tax
  • Total Payable: 11,922 CAD
  • Total Interest: 1,922 CAD
  • 14.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,334 CAD
  • Total Interest: 3,334 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)
0.33
  • + tax
  • + fuel
  • + insurance
(or 0.00CAD per km)
  • 13.92CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
9.53
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
20,519.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 480.77km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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