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: 5,040 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 35 months
Total Monthly Difference = 5,040 CAD
Total Savings (CAD) = 5,040

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,241 CAD
  • Total Vehicle Debt: 44,991 CAD
  • Paid so Far: 12,750 CAD (28% Paid)
  • Remaining Lease Payments: 16,450 CAD
  • Residual Value: 15,791 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,750 CAD Total Vehicle Value: 44,991 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 16,450 CAD
Term Paid so Far: 11,750 CAD Residual Value: 15,791 CAD
2%
26%
36%
36%
Cost to Own
Already Paid: 12,750 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 32,241 CAD
28% Paid
0%
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: 32,241 CAD

  • 4.9%Interest Rate x 48 months
  • 741 CAD/month + tax
  • Total Payable: 35,569 CAD
  • Total Interest: 3,328 CAD
  • 8.9%Interest Rate x 48 months
  • 801 CAD/month + tax
  • Total Payable: 38,438 CAD
  • Total Interest: 6,197 CAD
  • 14.9%Interest Rate x 48 months
  • 896 CAD/month + tax
  • Total Payable: 42,992 CAD
  • Total Interest: 10,751 CAD

At the end of the Lease Contract

Residual Value: 15,791 CAD (in 35 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)
24.97
  • + tax
  • + fuel
  • + insurance
(or 0.25CAD per km)
  • 28.20CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
15.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
434.33
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2018)

Seller Contact Info

This Contract was Already Transferred.

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