Payment Analysis

465.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 465.00 CAD/month
  • 214.62 CAD/bi-weekly
  • 107.31 CAD/week
  • 5,580.00 CAD/year
Incl. Ontario Taxes (13%):
  • 525.45 CAD/month
  • 242.52 CAD/bi-weekly
  • 121.26 CAD/week
  • 6,305.40 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: 5,521 ~ 6,821 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V Touring AWD (w/ $550 on accessories)
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 578
This Contract (CAD/month) 465
Monthly Difference 113 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 1,921 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,521 ~ 6,821
** "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: 22,405 CAD
  • Total Vehicle Debt: 43,935 CAD
  • Paid so Far: 19,530 CAD (44% Paid)
  • Remaining Lease Payments: 7,905 CAD
  • Residual Value: 16,500 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 19,530 CAD Total Vehicle Value: 43,935 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,905 CAD
Term Paid so Far: 19,530 CAD Residual Value: 16,500 CAD
0%
44%
18%
38%
Cost to Own
Already Paid: 19,530 CAD (44%)
Cash Incentive: 2,000 CAD Buyout Price Today: 22,405 CAD
44% Paid
4%
52%
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: 22,405 CAD

  • 4.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,718 CAD
  • Total Interest: 2,313 CAD
  • 8.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,711 CAD
  • Total Interest: 4,306 CAD
  • 14.9%Interest Rate x 48 months
  • 622 CAD/month + tax
  • Total Payable: 29,876 CAD
  • Total Interest: 7,471 CAD

At the end of the Lease Contract

Residual Value: 16,500 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,203 CAD
  • Total Interest: 1,703 CAD
  • 8.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,671 CAD
  • Total Interest: 3,171 CAD
  • 14.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 22,002 CAD
  • Total Interest: 5,502 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)
6.43
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 8.61CAD/100km (TODAY without the Cash Incentive)
  • 27.90CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
11.42
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 15.29CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
1,246.61
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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