Payment Analysis

379.00CAD/monthin Toronto, ON
    Before Taxes:
  • 379.00 CAD/month
  • 174.92 CAD/bi-weekly
  • 87.46 CAD/week
  • 4,548.00 CAD/year
Incl. Ontario Taxes (13%):
  • 428.27 CAD/month
  • 197.66 CAD/bi-weekly
  • 98.83 CAD/week
  • 5,139.24 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: 1,030 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX AWD
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 394
This Contract (CAD/month) 379
Monthly Difference 15 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 30 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 1,030
** "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: 15,098 CAD
  • Total Vehicle Debt: 35,427 CAD
  • Paid so Far: 19,329 CAD (54% Paid)
  • Remaining Lease Payments: 758 CAD
  • Residual Value: 15,340 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 19,329 CAD Total Vehicle Value: 35,427 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 758 CAD
Term Paid so Far: 19,329 CAD Residual Value: 15,340 CAD
0%
54%
2%
44%
Cost to Own
Already Paid: 19,329 CAD (54%)
Cash Incentive: 1,000 CAD Buyout Price Today: 15,098 CAD
54% Paid
2%
44%
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: 15,098 CAD

  • 4.9%Interest Rate x 48 months
  • 347 CAD/month + tax
  • Total Payable: 16,657 CAD
  • Total Interest: 1,559 CAD
  • 8.9%Interest Rate x 48 months
  • 375 CAD/month + tax
  • Total Payable: 18,000 CAD
  • Total Interest: 2,902 CAD
  • 14.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,132 CAD
  • Total Interest: 5,034 CAD

At the end of the Lease Contract

Residual Value: 15,340 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,924 CAD
  • Total Interest: 1,584 CAD
  • 8.9%Interest Rate x 48 months
  • 381 CAD/month + tax
  • Total Payable: 18,288 CAD
  • Total Interest: 2,948 CAD
  • 14.9%Interest Rate x 48 months
  • 426 CAD/month + tax
  • Total Payable: 20,455 CAD
  • Total Interest: 5,115 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)
-0.29
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 0.91CAD/100km (TODAY without the Cash Incentive)
  • 22.74CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
-3.98
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 12.46CAD/day (Original Contract back in Mar, 2021)
Remaining Km
Can be driven up to:
9,615.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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