Payment Analysis

445.66CAD/monthin Mississauga, ON
    Before Taxes:
  • 445.66 CAD/month
  • 205.69 CAD/bi-weekly
  • 102.84 CAD/week
  • 5,347.92 CAD/year
Incl. Ontario Taxes (13%):
  • 503.60 CAD/month
  • 232.43 CAD/bi-weekly
  • 116.21 CAD/week
  • 6,043.15 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: 5,418 CAD

compared to leasing a BRAND NEW:

  • Odyssey EX-L NAVI
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 832
This Contract (CAD/month) 446
Monthly Difference 387 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 5,418 CAD
Total Savings (CAD) = 5,418

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,893 CAD
  • Total Vehicle Debt: 40,948 CAD
  • Paid so Far: 20,055 CAD (48% Paid)
  • Remaining Lease Payments: 6,239 CAD
  • Residual Value: 14,654 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,055 CAD Total Vehicle Value: 40,948 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,239 CAD
Term Paid so Far: 20,055 CAD Residual Value: 14,654 CAD
0%
48%
15%
37%
Cost to Own
Already Paid: 20,055 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 20,893 CAD
48% Paid
0%
52%
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: 20,893 CAD

  • 4.9%Interest Rate x 48 months
  • 480 CAD/month + tax
  • Total Payable: 23,050 CAD
  • Total Interest: 2,157 CAD
  • 8.9%Interest Rate x 48 months
  • 519 CAD/month + tax
  • Total Payable: 24,909 CAD
  • Total Interest: 4,016 CAD
  • 14.9%Interest Rate x 48 months
  • 580 CAD/month + tax
  • Total Payable: 27,860 CAD
  • Total Interest: 6,967 CAD

At the end of the Lease Contract

Residual Value: 14,654 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 337 CAD/month + tax
  • Total Payable: 16,167 CAD
  • Total Interest: 1,513 CAD
  • 8.9%Interest Rate x 48 months
  • 364 CAD/month + tax
  • Total Payable: 17,470 CAD
  • Total Interest: 2,817 CAD
  • 14.9%Interest Rate x 48 months
  • 407 CAD/month + tax
  • Total Payable: 19,540 CAD
  • Total Interest: 4,886 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)
12.91
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 26.74CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
14.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
796.70
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Mar, 2018)

Seller Contact Info

This Contract was Already Transferred.