Payment Analysis

366.00CAD/monthin Montréal, QC
    Before Taxes:
  • 366.00 CAD/month
  • 168.92 CAD/bi-weekly
  • 84.46 CAD/week
  • 4,392.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 420.83 CAD/month
  • 194.23 CAD/bi-weekly
  • 97.11 CAD/week
  • 5,049.92 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: 3,600 ~ 4,900 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX FWD
  • for 42 months
  • in Québec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 466
This Contract (CAD/month) 366
Monthly Difference 100 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 1,600 CAD
+ Cash Incentive** (CAD) + 400
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,600 ~ 4,900
** "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: 18,356 CAD
  • Total Vehicle Debt: 36,794 CAD
  • Paid so Far: 18,038 CAD (49% Paid)
  • Remaining Lease Payments: 5,856 CAD
  • Residual Value: 12,900 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 18,038 CAD Total Vehicle Value: 36,794 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 2,300 CAD Remaining Term: 5,856 CAD
Term Paid so Far: 15,738 CAD Residual Value: 12,900 CAD
6%
43%
15%
36%
Cost to Own
Already Paid: 18,038 CAD (49%)
Cash Incentive: 400 CAD Buyout Price Today: 18,356 CAD
49% Paid
1%
50%
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: 18,356 CAD

  • 4.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,251 CAD
  • Total Interest: 1,895 CAD
  • 8.9%Interest Rate x 48 months
  • 456 CAD/month + tax
  • Total Payable: 21,884 CAD
  • Total Interest: 3,528 CAD
  • 14.9%Interest Rate x 48 months
  • 510 CAD/month + tax
  • Total Payable: 24,477 CAD
  • Total Interest: 6,121 CAD

At the end of the Lease Contract

Residual Value: 12,900 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 296 CAD/month + tax
  • Total Payable: 14,232 CAD
  • Total Interest: 1,332 CAD
  • 8.9%Interest Rate x 48 months
  • 320 CAD/month + tax
  • Total Payable: 15,379 CAD
  • Total Interest: 2,479 CAD
  • 14.9%Interest Rate x 48 months
  • 358 CAD/month + tax
  • Total Payable: 17,201 CAD
  • Total Interest: 4,301 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)
6.04
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
  • 6.48CAD/100km (TODAY without the Cash Incentive)
  • 21.96CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
11.21
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
  • 12.03CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
1,302.88
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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