Payment Analysis

400.80CAD/monthin Montréal, QC
    Before Taxes:
  • 400.80 CAD/month
  • 184.98 CAD/bi-weekly
  • 92.49 CAD/week
  • 4,809.60 CAD/year
Incl. Québec Taxes (14.98%):
  • 460.84 CAD/month
  • 212.70 CAD/bi-weekly
  • 106.35 CAD/week
  • 5,530.08 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: 2,080 ~ 3,380 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX automatic 2WD
  • for 42 months
  • in QC
  • $0 down payment
  • 26,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 448
This Contract (CAD/month) 401
Monthly Difference 48 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 480 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,080 ~ 3,380

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,084 CAD
  • Total Vehicle Debt: 35,124 CAD
  • Paid so Far: 20,040 CAD (57% Paid)
  • Remaining Lease Payments: 4,008 CAD
  • Residual Value: 11,076 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,040 CAD Total Vehicle Value: 35,124 CAD
57% Paid
43%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,008 CAD
Term Paid so Far: 20,040 CAD Residual Value: 11,076 CAD
0%
57%
11%
32%
Cost to Own
Already Paid: 20,040 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 15,084 CAD
57% Paid
0%
43%
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: 15,084 CAD

  • 4.9%Interest Rate x 48 months
  • 347 CAD/month + tax
  • Total Payable: 16,641 CAD
  • Total Interest: 1,557 CAD
  • 8.9%Interest Rate x 48 months
  • 375 CAD/month + tax
  • Total Payable: 17,983 CAD
  • Total Interest: 2,899 CAD
  • 14.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,114 CAD
  • Total Interest: 5,030 CAD

At the end of the Lease Contract

Residual Value: 11,076 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 255 CAD/month + tax
  • Total Payable: 12,219 CAD
  • Total Interest: 1,143 CAD
  • 8.9%Interest Rate x 48 months
  • 275 CAD/month + tax
  • Total Payable: 13,205 CAD
  • Total Interest: 2,129 CAD
  • 14.9%Interest Rate x 48 months
  • 308 CAD/month + tax
  • Total Payable: 14,769 CAD
  • Total Interest: 3,693 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)
4.24
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 20.04CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
13.18
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,179.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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