Payment Analysis

380.46CAD/monthin Ottawa
    Before Taxes:
  • 380.46 CAD/month
  • 175.60 CAD/bi-weekly
  • 87.80 CAD/week
  • 4,565.52 CAD/year
Incl. Ontario Taxes (13%):
  • 429.92 CAD/month
  • 198.42 CAD/bi-weekly
  • 99.21 CAD/week
  • 5,159.04 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: 1,150 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V EX AWD
  • for 48 months
  • in Manitoba
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 510
This Contract (CAD/month) 380
Monthly Difference 130 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 650 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 1,150
** "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: 18,352 CAD
  • Total Vehicle Debt: 41,278 CAD
  • Paid so Far: 22,425 CAD (54% Paid)
  • Remaining Lease Payments: 1,902 CAD
  • Residual Value: 16,950 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 22,425 CAD Total Vehicle Value: 41,278 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 1,902 CAD
Term Paid so Far: 20,925 CAD Residual Value: 16,950 CAD
3%
51%
4%
42%
Cost to Own
Already Paid: 22,425 CAD (54%)
Cash Incentive: 500 CAD Buyout Price Today: 18,352 CAD
54% Paid
1%
45%
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: 18,352 CAD

  • 4.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,247 CAD
  • Total Interest: 1,895 CAD
  • 8.9%Interest Rate x 48 months
  • 456 CAD/month + tax
  • Total Payable: 21,880 CAD
  • Total Interest: 3,527 CAD
  • 14.9%Interest Rate x 48 months
  • 510 CAD/month + tax
  • Total Payable: 24,472 CAD
  • Total Interest: 6,119 CAD

At the end of the Lease Contract

Residual Value: 16,950 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 390 CAD/month + tax
  • Total Payable: 18,700 CAD
  • Total Interest: 1,750 CAD
  • 8.9%Interest Rate x 48 months
  • 421 CAD/month + tax
  • Total Payable: 20,208 CAD
  • Total Interest: 3,258 CAD
  • 14.9%Interest Rate x 48 months
  • 471 CAD/month + tax
  • Total Payable: 22,602 CAD
  • Total Interest: 5,652 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)
1.54
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 2.09CAD/100km (TODAY without the Cash Incentive)
  • 22.83CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
9.22
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 12.51CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
4,200.00
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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