Payment Analysis

374.00CAD/monthin Saint John, NB
    Before Taxes:
  • 374.00 CAD/month
  • 172.62 CAD/bi-weekly
  • 86.31 CAD/week
  • 4,488.00 CAD/year
Incl. New Brunswick Taxes (15%):
  • 430.10 CAD/month
  • 198.51 CAD/bi-weekly
  • 99.25 CAD/week
  • 5,161.20 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: 998 ~ 1,898 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX AWD w/ Extended Warranty (5 Year/100,000 km)
  • for 12 months
  • in New Brunswick
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 407
This Contract (CAD/month) 374
Monthly Difference 33 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 198 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 998 ~ 1,898

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,244 CAD
  • Total Vehicle Debt: 39,440 CAD
  • Paid so Far: 24,196 CAD (61% Paid)
  • Remaining Lease Payments: 2,244 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,196 CAD Total Vehicle Value: 39,440 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 2,244 CAD
Term Paid so Far: 20,196 CAD Residual Value: 13,000 CAD
10%
51%
5%
34%
Cost to Own
Already Paid: 24,196 CAD (61%)
Cash Incentive: 0 CAD Buyout Price Today: 15,244 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: 15,244 CAD

  • 4.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,818 CAD
  • Total Interest: 1,574 CAD
  • 8.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,174 CAD
  • Total Interest: 2,930 CAD
  • 14.9%Interest Rate x 48 months
  • 423 CAD/month + tax
  • Total Payable: 20,327 CAD
  • Total Interest: 5,083 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 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)
2.30
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 22.44CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
12.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,757.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Oct, 2018)