Payment Analysis

326.00CAD/monthin Toronto, ON
    Before Taxes:
  • 326.00 CAD/month
  • 150.46 CAD/bi-weekly
  • 75.23 CAD/week
  • 3,912.00 CAD/year
Incl. Ontario Taxes (13%):
  • 368.38 CAD/month
  • 170.02 CAD/bi-weekly
  • 85.01 CAD/week
  • 4,420.56 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: 1,445 ~ 1,845 CAD

compared to leasing a BRAND NEW:

  • Honda Civic Sedan SPORT 2WD
  • for 54 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 369
This Contract (CAD/month) 326
Monthly Difference 43 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 645 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,445 ~ 1,845

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,074 CAD
  • Total Vehicle Debt: 29,744 CAD
  • Paid so Far: 14,670 CAD (49% Paid)
  • Remaining Lease Payments: 4,890 CAD
  • Residual Value: 10,184 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,670 CAD Total Vehicle Value: 29,744 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,890 CAD
Term Paid so Far: 14,670 CAD Residual Value: 10,184 CAD
0%
49%
16%
35%
Cost to Own
Already Paid: 14,670 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 15,074 CAD
49% Paid
0%
51%
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: 15,074 CAD

  • 4.9%Interest Rate x 48 months
  • 346 CAD/month + tax
  • Total Payable: 16,630 CAD
  • Total Interest: 1,556 CAD
  • 8.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,971 CAD
  • Total Interest: 2,897 CAD
  • 14.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,100 CAD
  • Total Interest: 5,026 CAD

At the end of the Lease Contract

Residual Value: 10,184 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 234 CAD/month + tax
  • Total Payable: 11,235 CAD
  • Total Interest: 1,051 CAD
  • 8.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,141 CAD
  • Total Interest: 1,957 CAD
  • 14.9%Interest Rate x 48 months
  • 283 CAD/month + tax
  • Total Payable: 13,580 CAD
  • Total Interest: 3,396 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)
4.91
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 19.56CAD/100km (Original Contract back in Jul, 2021)
Time Analysis
Cost per day: (CAD)
10.72
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,530.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jul, 2021)

Seller Contact Info

This Contract was Already Transferred.

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