Payment Analysis

265.00CAD/monthin Calgary, AB
    Before Taxes:
  • 265.00 CAD/month
  • 122.31 CAD/bi-weekly
  • 61.15 CAD/week
  • 3,180.00 CAD/year
Incl. Alberta Taxes (5%):
  • 278.25 CAD/month
  • 128.42 CAD/bi-weekly
  • 64.21 CAD/week
  • 3,339.00 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: 7,700 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V EX-L AWD
  • for 24 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 615
This Contract (CAD/month) 265
Monthly Difference 350 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 7,700 CAD
Total Savings (CAD) = 7,700

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,540 CAD
  • Total Vehicle Debt: 29,250 CAD
  • Paid so Far: 3,710 CAD (12% Paid)
  • Remaining Lease Payments: 5,830 CAD
  • Residual Value: 19,710 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,710 CAD Total Vehicle Value: 29,250 CAD
12% Paid
88%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,830 CAD
Term Paid so Far: 3,710 CAD Residual Value: 19,710 CAD
0%
12%
20%
68%
Cost to Own
Already Paid: 3,710 CAD (12%)
Cash Incentive: 0 CAD Buyout Price Today: 25,540 CAD
12% Paid
0%
88%
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: 25,540 CAD

  • 4.9%Interest Rate x 48 months
  • 587 CAD/month + tax
  • Total Payable: 28,177 CAD
  • Total Interest: 2,637 CAD
  • 8.9%Interest Rate x 48 months
  • 634 CAD/month + tax
  • Total Payable: 30,449 CAD
  • Total Interest: 4,909 CAD
  • 14.9%Interest Rate x 48 months
  • 710 CAD/month + tax
  • Total Payable: 34,056 CAD
  • Total Interest: 8,516 CAD

At the end of the Lease Contract

Residual Value: 19,710 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 453 CAD/month + tax
  • Total Payable: 21,745 CAD
  • Total Interest: 2,035 CAD
  • 8.9%Interest Rate x 48 months
  • 490 CAD/month + tax
  • Total Payable: 23,498 CAD
  • Total Interest: 3,788 CAD
  • 14.9%Interest Rate x 48 months
  • 548 CAD/month + tax
  • Total Payable: 26,282 CAD
  • Total Interest: 6,572 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)
14.95
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
  • 15.90CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
8.71
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
409.09
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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