Payment Analysis

520.00CAD/monthin Brampton, ON
    Before Taxes:
  • 520.00 CAD/month
  • 240.00 CAD/bi-weekly
  • 120.00 CAD/week
  • 6,240.00 CAD/year
Incl. Ontario Taxes (13%):
  • 587.60 CAD/month
  • 271.20 CAD/bi-weekly
  • 135.60 CAD/week
  • 7,051.20 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: 754 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V TOURING
  • for 60 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 524
This Contract (CAD/month) 520
Monthly Difference 4 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 4 CAD
+ Cash Incentive** (CAD) + 750
Total Savings (CAD) = 754
** "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: 17,439 CAD
  • Total Vehicle Debt: 49,889 CAD
  • Paid so Far: 31,700 CAD (63% Paid)
  • Remaining Lease Payments: 520 CAD
  • Residual Value: 17,669 CAD
  • Cash Incentive: 750 CAD
Vehicle Debt & Value
Paid so far: 31,700 CAD Total Vehicle Value: 49,889 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 520 CAD
Term Paid so Far: 31,200 CAD Residual Value: 17,669 CAD
0%
63%
1%
36%
Cost to Own
Already Paid: 31,700 CAD (63%)
Cash Incentive: 750 CAD Buyout Price Today: 17,439 CAD
63% Paid
1%
36%
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: 17,439 CAD

  • 4.9%Interest Rate x 48 months
  • 401 CAD/month + tax
  • Total Payable: 19,239 CAD
  • Total Interest: 1,800 CAD
  • 8.9%Interest Rate x 48 months
  • 433 CAD/month + tax
  • Total Payable: 20,791 CAD
  • Total Interest: 3,352 CAD
  • 14.9%Interest Rate x 48 months
  • 484 CAD/month + tax
  • Total Payable: 23,254 CAD
  • Total Interest: 5,815 CAD

At the end of the Lease Contract

Residual Value: 17,669 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 406 CAD/month + tax
  • Total Payable: 19,493 CAD
  • Total Interest: 1,824 CAD
  • 8.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,065 CAD
  • Total Interest: 3,396 CAD
  • 14.9%Interest Rate x 48 months
  • 491 CAD/month + tax
  • Total Payable: 23,561 CAD
  • Total Interest: 5,892 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)
-0.23
  • + tax
  • + fuel
  • + insurance
(inlcuding the 750CAD incentive)
  • 0.51CAD/100km (TODAY without the Cash Incentive)
  • 31.20CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
-7.56
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 750CAD incentive)
  • 17.10CAD/day (Original Contract back in May, 2021)
Remaining Km
Can be driven up to:
23,438.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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