Payment Analysis

541.13CAD/monthin Toronto, ON
    Before Taxes:
  • 541.13 CAD/month
  • 249.75 CAD/bi-weekly
  • 124.88 CAD/week
  • 6,493.56 CAD/year
Incl. Ontario Taxes (13%):
  • 611.48 CAD/month
  • 282.22 CAD/bi-weekly
  • 141.11 CAD/week
  • 7,337.72 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: 13,668 CAD

compared to leasing a BRAND NEW:

  • Honda Pilot EX-L Navi
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 943
This Contract (CAD/month) 541
Monthly Difference 402 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 13,668 CAD
Total Savings (CAD) = 13,668

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 41,343 CAD
  • Total Vehicle Debt: 48,919 CAD
  • Paid so Far: 7,576 CAD (15% Paid)
  • Remaining Lease Payments: 18,398 CAD
  • Residual Value: 22,945 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,576 CAD Total Vehicle Value: 48,919 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,398 CAD
Term Paid so Far: 7,576 CAD Residual Value: 22,945 CAD
0%
15%
37%
48%
Cost to Own
Already Paid: 7,576 CAD (15%)
Cash Incentive: 0 CAD Buyout Price Today: 41,343 CAD
15% Paid
0%
85%
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: 41,343 CAD

  • 4.9%Interest Rate x 48 months
  • 950 CAD/month + tax
  • Total Payable: 45,611 CAD
  • Total Interest: 4,268 CAD
  • 8.9%Interest Rate x 48 months
  • 1,027 CAD/month + tax
  • Total Payable: 49,290 CAD
  • Total Interest: 7,946 CAD
  • 14.9%Interest Rate x 48 months
  • 1,149 CAD/month + tax
  • Total Payable: 55,129 CAD
  • Total Interest: 13,786 CAD

At the end of the Lease Contract

Residual Value: 22,945 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 527 CAD/month + tax
  • Total Payable: 25,314 CAD
  • Total Interest: 2,369 CAD
  • 8.9%Interest Rate x 48 months
  • 570 CAD/month + tax
  • Total Payable: 27,355 CAD
  • Total Interest: 4,410 CAD
  • 14.9%Interest Rate x 48 months
  • 637 CAD/month + tax
  • Total Payable: 30,596 CAD
  • Total Interest: 7,651 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)
124.51
  • + tax
  • + fuel
  • + insurance
(or 1.25CAD per km)
Time Analysis
Cost per day: (CAD)
17.79
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
100.30
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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