Honda Lease Takeover in North Vancouver, BC: 2018 Honda CR-V EX-L Turbo Automatique AWD ID:#15473 • LeaseCosts Canada

Payment Analysis

469.00CAD/monthin North Vancouver, BC

Before Taxes:

469.00 CAD/month
216.46 CAD/bi-weekly
108.23 CAD/week
5,628.00 CAD/year

Incl. B.C. Taxes (12%):

525.28 CAD/month
242.44 CAD/bi-weekly
121.22 CAD/week
6,303.36 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: 6,824 ~ 8,124 CAD

compared to leasing a BRAND NEW:

Honda CR-V EX-L w/ Towing Package ($1,096) + Roof Rail Crossbars ($430) + Roof Rack Bike Attachment ($327) + Appearance Protection: Paint Protection ($699)
for 36 months
in B.C.
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	645
This Contract (CAD/month)	469
Monthly Difference	176 CAD/month
Remaining Term	x 24 months
Total Monthly Difference	= 4,224 CAD
+ Cash Incentive** (CAD)	+ 1,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 6,824 ~ 8,124
	** "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: 25,689 CAD

Total Vehicle Debt: 43,573 CAD
Paid so Far: 16,884 CAD (38% Paid)
Remaining Lease Payments: 11,256 CAD
Residual Value: 15,433 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 16,884 CAD Total Vehicle Value: 43,573 CAD

38% Paid

62%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 11,256 CAD

Term Paid so Far: 16,884 CAD Residual Value: 15,433 CAD

38%

26%

36%

Cost to Own

Already Paid: 16,884 CAD (38%)

Cash Incentive: 1,000 CAD Buyout Price Today: 25,689 CAD

38% Paid

60%

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: 25,689 CAD

4.9%Interest Rate x 48 months
590 CAD/month + tax
Total Payable: 28,341 CAD
Total Interest: 2,652 CAD

8.9%Interest Rate x 48 months
638 CAD/month + tax
Total Payable: 30,626 CAD
Total Interest: 4,937 CAD

14.9%Interest Rate x 48 months
714 CAD/month + tax
Total Payable: 34,254 CAD
Total Interest: 8,566 CAD

At the end of the Lease Contract

Residual Value: 15,433 CAD (in 24 months)

4.9%Interest Rate x 48 months
355 CAD/month + tax
Total Payable: 17,026 CAD
Total Interest: 1,593 CAD

8.9%Interest Rate x 48 months
383 CAD/month + tax
Total Payable: 18,399 CAD
Total Interest: 2,966 CAD

14.9%Interest Rate x 48 months
429 CAD/month + tax
Total Payable: 20,579 CAD
Total Interest: 5,146 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)