Payment Analysis

470.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 470.00 CAD/month
  • 216.92 CAD/bi-weekly
  • 108.46 CAD/week
  • 5,640.00 CAD/year
Incl. Ontario Taxes (13%):
  • 531.10 CAD/month
  • 245.12 CAD/bi-weekly
  • 122.56 CAD/week
  • 6,373.20 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: 5,760 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V EX-L Automatic AWD Extended warranty for 1 year /premium paint
  • for 30 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 614
This Contract (CAD/month) 470
Monthly Difference 144 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 5,760 CAD
Total Savings (CAD) = 5,760

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 34,591 CAD
  • Total Vehicle Debt: 44,991 CAD
  • Paid so Far: 10,400 CAD (23% Paid)
  • Remaining Lease Payments: 18,800 CAD
  • Residual Value: 15,791 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,400 CAD Total Vehicle Value: 44,991 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 18,800 CAD
Term Paid so Far: 9,400 CAD Residual Value: 15,791 CAD
2%
21%
41%
36%
Cost to Own
Already Paid: 10,400 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 34,591 CAD
23% Paid
0%
77%
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: 34,591 CAD

  • 4.9%Interest Rate x 48 months
  • 795 CAD/month + tax
  • Total Payable: 38,162 CAD
  • Total Interest: 3,571 CAD
  • 8.9%Interest Rate x 48 months
  • 859 CAD/month + tax
  • Total Payable: 41,240 CAD
  • Total Interest: 6,649 CAD
  • 14.9%Interest Rate x 48 months
  • 961 CAD/month + tax
  • Total Payable: 46,125 CAD
  • Total Interest: 11,534 CAD

At the end of the Lease Contract

Residual Value: 15,791 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,421 CAD
  • Total Interest: 1,630 CAD
  • 8.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,826 CAD
  • Total Interest: 3,035 CAD
  • 14.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,056 CAD
  • Total Interest: 5,265 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)
28.54
  • + tax
  • + fuel
  • + insurance
(or 0.29CAD per km)
Time Analysis
Cost per day: (CAD)
15.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
380.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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