Payment Analysis

560.00CAD/monthin Calgary, AB
    Before Taxes:
  • 560.00 CAD/month
  • 258.46 CAD/bi-weekly
  • 129.23 CAD/week
  • 6,720.00 CAD/year
Incl. Alberta Taxes (5%):
  • 588.00 CAD/month
  • 271.38 CAD/bi-weekly
  • 135.69 CAD/week
  • 7,056.00 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: 2,550 ~ 2,950 CAD

compared to leasing a BRAND NEW:

  • Honda Pilot Touring 7P
  • for 42 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 810
This Contract (CAD/month) 560
Monthly Difference 250 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 1,750 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,550 ~ 2,950

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,116 CAD
  • Total Vehicle Debt: 56,796 CAD
  • Paid so Far: 29,680 CAD (52% Paid)
  • Remaining Lease Payments: 3,920 CAD
  • Residual Value: 23,196 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,680 CAD Total Vehicle Value: 56,796 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,920 CAD
Term Paid so Far: 29,680 CAD Residual Value: 23,196 CAD
0%
52%
6%
42%
Cost to Own
Already Paid: 29,680 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 27,116 CAD
52% Paid
0%
48%
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: 27,116 CAD

  • 4.9%Interest Rate x 48 months
  • 623 CAD/month + tax
  • Total Payable: 29,916 CAD
  • Total Interest: 2,799 CAD
  • 8.9%Interest Rate x 48 months
  • 674 CAD/month + tax
  • Total Payable: 32,328 CAD
  • Total Interest: 5,212 CAD
  • 14.9%Interest Rate x 48 months
  • 753 CAD/month + tax
  • Total Payable: 36,158 CAD
  • Total Interest: 9,042 CAD

At the end of the Lease Contract

Residual Value: 23,196 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 533 CAD/month + tax
  • Total Payable: 25,591 CAD
  • Total Interest: 2,395 CAD
  • 8.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,655 CAD
  • Total Interest: 4,458 CAD
  • 14.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,931 CAD
  • Total Interest: 7,735 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)
5.76
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 33.60CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
18.41
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,241.76
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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