Payment Analysis

421.12CAD/monthin Yarmouth, NS
    Before Taxes:
  • 421.12 CAD/month
  • 194.36 CAD/bi-weekly
  • 97.18 CAD/week
  • 5,053.44 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 484.29 CAD/month
  • 223.52 CAD/bi-weekly
  • 111.76 CAD/week
  • 5,811.46 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: 1,414 ~ 2,714 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX 2WD
  • for 54 months
  • in NS
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 390
This Contract (CAD/month) 421
Monthly Difference -31 CAD/month
Remaining Term x 6 months
Total Monthly Difference = -186 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,414 ~ 2,714

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,414 CAD
  • Total Vehicle Debt: 39,904 CAD
  • Paid so Far: 24,490 CAD (61% Paid)
  • Remaining Lease Payments: 2,527 CAD
  • Residual Value: 12,887 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,490 CAD Total Vehicle Value: 39,904 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 1,750 CAD Remaining Term: 2,527 CAD
Term Paid so Far: 22,740 CAD Residual Value: 12,887 CAD
4%
57%
6%
33%
Cost to Own
Already Paid: 24,490 CAD (61%)
Cash Incentive: 0 CAD Buyout Price Today: 15,414 CAD
61% Paid
0%
39%
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: 15,414 CAD

  • 4.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 17,005 CAD
  • Total Interest: 1,591 CAD
  • 8.9%Interest Rate x 48 months
  • 383 CAD/month + tax
  • Total Payable: 18,376 CAD
  • Total Interest: 2,963 CAD
  • 14.9%Interest Rate x 48 months
  • 428 CAD/month + tax
  • Total Payable: 20,553 CAD
  • Total Interest: 5,140 CAD

At the end of the Lease Contract

Residual Value: 12,887 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 296 CAD/month + tax
  • Total Payable: 14,217 CAD
  • Total Interest: 1,330 CAD
  • 8.9%Interest Rate x 48 months
  • 320 CAD/month + tax
  • Total Payable: 15,364 CAD
  • Total Interest: 2,477 CAD
  • 14.9%Interest Rate x 48 months
  • 358 CAD/month + tax
  • Total Payable: 17,184 CAD
  • Total Interest: 4,297 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)
2.32
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 21.06CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
13.85
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,192.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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