Payment Analysis

330.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 330.00 CAD/month
  • 152.31 CAD/bi-weekly
  • 76.15 CAD/week
  • 3,960.00 CAD/year
Incl. Ontario Taxes (13%):
  • 372.90 CAD/month
  • 172.11 CAD/bi-weekly
  • 86.05 CAD/week
  • 4,474.80 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: 3,355 ~ 4,655 CAD

compared to leasing a BRAND NEW:

  • Honda HR-V EX
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 395
This Contract (CAD/month) 330
Monthly Difference 65 CAD/month
Remaining Term x 27 months
Total Monthly Difference = 1,755 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,355 ~ 4,655

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,009 CAD
  • Total Vehicle Debt: 30,239 CAD
  • Paid so Far: 10,230 CAD (33% Paid)
  • Remaining Lease Payments: 8,910 CAD
  • Residual Value: 11,099 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,230 CAD Total Vehicle Value: 30,239 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,910 CAD
Term Paid so Far: 10,230 CAD Residual Value: 11,099 CAD
0%
33%
29%
38%
Cost to Own
Already Paid: 10,230 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 20,009 CAD
33% Paid
0%
67%
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: 20,009 CAD

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,075 CAD
  • Total Interest: 2,066 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,855 CAD
  • Total Interest: 3,846 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,681 CAD
  • Total Interest: 6,672 CAD

At the end of the Lease Contract

Residual Value: 11,099 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 255 CAD/month + tax
  • Total Payable: 12,245 CAD
  • Total Interest: 1,146 CAD
  • 8.9%Interest Rate x 48 months
  • 276 CAD/month + tax
  • Total Payable: 13,232 CAD
  • Total Interest: 2,133 CAD
  • 14.9%Interest Rate x 48 months
  • 308 CAD/month + tax
  • Total Payable: 14,800 CAD
  • Total Interest: 3,701 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)
12.54
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 19.80CAD/100km (Original Contract back in Mar, 2017)
Time Analysis
Cost per day: (CAD)
10.85
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
607.41
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Mar, 2017)

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