Payment Analysis

626.02CAD/monthin London,ON
    Before Taxes:
  • 626.02 CAD/month
  • 288.93 CAD/bi-weekly
  • 144.47 CAD/week
  • 7,512.24 CAD/year
Incl. Ontario Taxes (13%):
  • 707.40 CAD/month
  • 326.49 CAD/bi-weekly
  • 163.25 CAD/week
  • 8,488.83 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: 800 ~ 1,200 CAD

compared to leasing a BRAND NEW:

  • Honda Pilot Touring 8P AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 793
This Contract (CAD/month) 626
Monthly Difference 167 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 800 ~ 1,200

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,603 CAD
  • Total Vehicle Debt: 59,164 CAD
  • Paid so Far: 37,561 CAD (63% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 21,603 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 37,561 CAD Total Vehicle Value: 59,164 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 37,561 CAD Residual Value: 21,603 CAD
0%
63%
0%
37%
Cost to Own
Already Paid: 37,561 CAD (63%)
Cash Incentive: 0 CAD Buyout Price Today: 21,603 CAD
63% Paid
0%
37%
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: 21,603 CAD

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,833 CAD
  • Total Interest: 2,230 CAD
  • 8.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,755 CAD
  • Total Interest: 4,152 CAD
  • 14.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,806 CAD
  • Total Interest: 7,203 CAD

At the end of the Lease Contract

Residual Value: 21,603 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,833 CAD
  • Total Interest: 2,230 CAD
  • 8.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,755 CAD
  • Total Interest: 4,152 CAD
  • 14.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,806 CAD
  • Total Interest: 7,203 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)
0.92
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 37.56CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
20.58
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
15,692.31
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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