Name: Honda Lease Takeover in Montréal, QC: 2020 Honda CRV LX CVT 2WD ID:#20990
Brand: Honda
SKU: 20990
Price: 366 CAD
Availability: SoldOut
Rating: 4.9 (1 reviews)

Listing ID: #20990

2020 Honda CRV LX for takeover/sale

Montréal, QC ~C$3,500 in SAVINGS

316

+taxX 8 months

(Cash Incentive of 400CAD is applied)

This vehicle is SOLD

This Vehicle is Sold

Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:

Vehicle Photos

Transfer Details

+ 400 cash

SAVE ~3,500 CAD

CAD/month x 8 months

Transferred/Sold

2020 Honda CRV LX (ID: #20990)

366

Montréal, QC

2020 Honda

CRV LX CVT 2WD

Wear & Tear Coverage
Winter Tires Included

Payment Details

Current Payment: 366 CAD/month + tax
Cash Incentive: 400 CAD
Payment After Incentive: 316 CAD/month + tax
Original Downpayment: 2,300 CAD
Residual Value: 12,900 CAD
Months to End: 8 months (Nov, 2024)

Vehicle Status

Contract Allowance: 20,000 km/year
Current Odometer: 8,000 km total
Available Now: 135,500 km/year (11,292 per month)
Please note that this contract ends in less than a year.
Excess Km Cost: 0.12 CAD/km

Deal Special Perks

Large Down Payment
High End Vehicle & Options
Lots of FREE Available Km
Good Buyout Opportunity

Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.

SOLD/TRANSFERRED

Payment Analysis

366.00CAD/monthin Montréal, QC

Before Taxes:

366.00 CAD/month
168.92 CAD/bi-weekly
84.46 CAD/week
4,392.00 CAD/year

Incl. Québec Taxes (14.98%):

420.83 CAD/month
194.23 CAD/bi-weekly
97.11 CAD/week
5,049.92 CAD/year

Estimate Insurance Costs

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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: 2,800 ~ 4,100 CAD

compared to leasing a BRAND NEW:

Honda CR-V LX FWD
for 42 months
in Québec
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	466
This Contract (CAD/month)	366
Monthly Difference	100 CAD/month
Remaining Term	x 8 months
Total Monthly Difference	= 800 CAD
+ Cash Incentive** (CAD)	+ 400
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 2,800 ~ 4,100
	** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,428 CAD

Total Vehicle Debt: 36,794 CAD
Paid so Far: 20,966 CAD (56% Paid)
Remaining Lease Payments: 2,928 CAD
Residual Value: 12,900 CAD
Cash Incentive: 400 CAD

Vehicle Debt & Value

Paid so far: 20,966 CAD Total Vehicle Value: 36,794 CAD

56% Paid

44%

Vehicle Debt Breakdown

Downpayment: 2,300 CAD Remaining Term: 2,928 CAD

Term Paid so Far: 18,666 CAD Residual Value: 12,900 CAD

50%

36%

Cost to Own

Already Paid: 20,966 CAD (56%)

Cash Incentive: 400 CAD Buyout Price Today: 15,428 CAD

56% Paid

43%

Additional Financing Details

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: 15,428 CAD

4.9%Interest Rate x 48 months
355 CAD/month + tax
Total Payable: 17,021 CAD
Total Interest: 1,593 CAD

8.9%Interest Rate x 48 months
383 CAD/month + tax
Total Payable: 18,393 CAD
Total Interest: 2,965 CAD

14.9%Interest Rate x 48 months
429 CAD/month + tax
Total Payable: 20,572 CAD
Total Interest: 5,144 CAD

At the end of the Lease Contract

Residual Value: 12,900 CAD (in 8 months)

4.9%Interest Rate x 48 months
296 CAD/month + tax
Total Payable: 14,232 CAD
Total Interest: 1,332 CAD

8.9%Interest Rate x 48 months
320 CAD/month + tax
Total Payable: 15,379 CAD
Total Interest: 2,479 CAD

14.9%Interest Rate x 48 months
358 CAD/month + tax
Total Payable: 17,201 CAD
Total Interest: 4,301 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)

2.80

+ tax
+ fuel
+ insurance

(inlcuding the 400CAD incentive)

3.24CAD/100km (TODAY without the Cash Incentive)
21.96CAD/100km (Original Contract back in Dec, 2019)

Time Analysis

Cost per day: (CAD)

10.39

+ tax
+ insurance
+ km driven & fuel

(inlcuding the 400CAD incentive)

12.03CAD/day (Original Contract back in Dec, 2019)

Remaining Km

Can be driven up to:

2,605.77

km/week
without any
additional costs

Excess km cost: 0.12CAD

384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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