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: 1,460 ~ 2,360 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 20 months
Total Monthly Difference = 660 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,460 ~ 2,360

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,480 CAD
  • Total Vehicle Debt: 39,440 CAD
  • Paid so Far: 18,960 CAD (48% Paid)
  • Remaining Lease Payments: 7,480 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,960 CAD Total Vehicle Value: 39,440 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 7,480 CAD
Term Paid so Far: 14,960 CAD Residual Value: 13,000 CAD
10%
38%
18%
34%
Cost to Own
Already Paid: 18,960 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 20,480 CAD
48% Paid
0%
52%
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: 20,480 CAD

  • 4.9%Interest Rate x 48 months
  • 471 CAD/month + tax
  • Total Payable: 22,594 CAD
  • Total Interest: 2,114 CAD
  • 8.9%Interest Rate x 48 months
  • 509 CAD/month + tax
  • Total Payable: 24,416 CAD
  • Total Interest: 3,936 CAD
  • 14.9%Interest Rate x 48 months
  • 569 CAD/month + tax
  • Total Payable: 27,309 CAD
  • Total Interest: 6,829 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 20 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)
7.66
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 22.44CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
12.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,127.31
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Oct, 2018)

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