Payment Analysis

442.92CAD/monthin Ottawa, ON
    Before Taxes:
  • 442.92 CAD/month
  • 204.42 CAD/bi-weekly
  • 102.21 CAD/week
  • 5,315.04 CAD/year
Incl. Ontario Taxes (13%):
  • 500.50 CAD/month
  • 231.00 CAD/bi-weekly
  • 115.50 CAD/week
  • 6,006.00 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: 3,950 ~ 4,350 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V EX-L AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 512
This Contract (CAD/month) 443
Monthly Difference 70 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 2,450 CAD
+ Cash Incentive** (CAD) + 700
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,950 ~ 4,350
** "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: 28,909 CAD
  • Total Vehicle Debt: 40,682 CAD
  • Paid so Far: 11,073 CAD (27% Paid)
  • Remaining Lease Payments: 15,502 CAD
  • Residual Value: 14,107 CAD
  • Cash Incentive: 700 CAD
Vehicle Debt & Value
Paid so far: 11,073 CAD Total Vehicle Value: 40,682 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,502 CAD
Term Paid so Far: 11,073 CAD Residual Value: 14,107 CAD
0%
27%
38%
35%
Cost to Own
Already Paid: 11,073 CAD (27%)
Cash Incentive: 700 CAD Buyout Price Today: 28,909 CAD
27% Paid
1%
72%
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: 28,909 CAD

  • 4.9%Interest Rate x 48 months
  • 664 CAD/month + tax
  • Total Payable: 31,894 CAD
  • Total Interest: 2,984 CAD
  • 8.9%Interest Rate x 48 months
  • 718 CAD/month + tax
  • Total Payable: 34,466 CAD
  • Total Interest: 5,556 CAD
  • 14.9%Interest Rate x 48 months
  • 803 CAD/month + tax
  • Total Payable: 38,549 CAD
  • Total Interest: 9,640 CAD

At the end of the Lease Contract

Residual Value: 14,107 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,563 CAD
  • Total Interest: 1,456 CAD
  • 8.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,818 CAD
  • Total Interest: 2,711 CAD
  • 14.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,811 CAD
  • Total Interest: 4,704 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)
23.38
  • + tax
  • + fuel
  • + insurance
(inlcuding the 700CAD incentive)
  • 24.49CAD/100km (TODAY without the Cash Incentive)
  • 26.58CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
13.90
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 700CAD incentive)
  • 14.56CAD/day (Original Contract back in Oct, 2018)
Remaining Km
Can be driven up to:
417.36
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Oct, 2018)

Seller Contact Info

This Contract was Already Transferred.

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